That is what I thought as well until I did find this article that does state the shares will be canceled. <a href="http://finance.yahoo.com/news/Frontier-Airlines-wins-apf-3852565087.html?x=0&.v=1" rel="nofollow" target="_blank">http://finance.yahoo.com/news/Frontier-Airlines-wins-apf-3852565087.html?x=0&.v=1</a> I am still trying to figure out why the share price dropped over 60% in about 10 minutes when the news hit Friday if people already knew this. I am starting to think there will be a huge gap down Monday morning. You might want to put a stop order in if your broker allows that. GLTY