News for 'FRNTQ' - (Frontier Airlines Emerges from Chapter 11 Protection Business as Usual for Frontier Customers)
FRNTQ News -- Frontier Airlines Emerges from Chapter 11 Protecti...
Thursday, October 1, 2009 10:27 AM
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News for 'FRNTQ' - (Frontier Airlines Emerges from Chapter 11 Protection Business as Usual for Frontier Customers)
DENVER, Oct 01, 2009 (BUSINESS WIRE) -- Frontier Airlines Holdings, Inc.
announced today that Republic Airways Holdings, Inc. (NASDAQ: RJET) has
completed its acquisition of the Company. Upon the closing of the transaction,
Frontier Airlines Holdings, Inc., Frontier Airlines, Inc. and Lynx Aviation,
Inc. successfully emerged from Chapter 11 bankruptcy and are now wholly owned
subsidiaries of Republic. Frontier Airlines and Lynx Aviation will continue to
operate under their same names, offering the same flight schedules, customer
amenities and frequent flier benefits as in the past.
"This is the end of a long, difficult journey and the beginning of a new,
exciting one," said Frontier President and CEO Sean Menke. "My thanks go to our
Frontier and Lynx employees whose hard work and sacrifice enabled us to
successfully restructure our Company into an incredible success story. Thanks as
well to our loyal customers who continued to support us when many others doubted
we would succeed. We will continue to focus on the same safe, efficient,
customer-friendly service our customers have come to expect from us."
Menke continued, "We are also looking forward to building on our relationships
and working with both Republic and Midwest Airlines to build a strong,
sustainable, competitive airline for years to come."
About Frontier Airlines Holdings, Inc.
Frontier Airlines is a wholly owned subsidiary of Republic Airways Holdings,
Inc., an airline holding company that owns Chautauqua Airlines, Midwest
Airlines, Mokulele Airlines, Republic Airlines and Shuttle America. Currently in
its 16th year of operations, Frontier Airlines is the second-largest jet service
carrier at Denver International Airport, employing approximately 5,000 aviation
professionals. Frontier Airlines is made up of one of the youngest Airbus fleets
in North America offering 24 channels of DIRECTV(R) service in every seatback
along with a comfortable all-coach configuration. Frontier offers routes to more
than 50 destinations in the U.S., Mexico and Costa Rica. In addition, Frontier
and Midwest Airlines have a codeshare partnership that allows passengers of both
airlines access to 70 destinations in the U.S., Mexico and Costa Rica.
SOURCE: Frontier Airlines Web site: FrontierAirlines.com
SOURCE: Frontier Airlines Holdings, Inc.
CONTACT:
Frontier Airlines Holdings, Inc.
Corporate Communications, 720-374-4560
media@flyfrontier.com
Copyright Business Wire 2009
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KEYWORD: United States
North America
Colorado
INDUSTRY KEYWORD: Transport
Air
Travel
Cruise
Destinations
Vacation
Lodging
Transportation
Other Travel
SUBJECT CODE: Bankruptcy
Source: Comtext Market News
