Denver’s Frontier Airlines lines up bankruptcy exit plan
DENVER, Colorado – Frontier Airlines appears to have found a way out of bankruptcy protection: Republic Airways Holdings says it will sponsor the bankruptcy exit plan of the Denver-based carrier.
Indianapolis-based Republic says that if creditors and the bankruptcy judge approve, then Frontier would become one of its subsidiaries. Republic also operates a regional airline under its own name as well as Chautauqua Airlines and Shuttle America.
Republic supplied a $40 million debtor-in-possession loan to Frontier so it’s not a surprise that it could end up owning the company.
Frontier filed for bankruptcy protection in April 2008.
Wildfires have become more numerous, bigger and more destructive in the past 40 years. That’s a big deal in a town surrounded by public land.