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Latest Republic Airways Holdings Stories

2009-08-10 13:31:00

DALLAS, Aug. 10 /PRNewswire-FirstCall/ -- Southwest Airlines (NYSE: LUV) confirmed today that the carrier submitted its binding cash offer of more than $170 million to acquire Frontier Airlines, which will be sold at auction as part of Frontier's bankruptcy case. The bid was submitted to Frontier in accordance with the procedures established in the U.S. Bankruptcy Court for the Southern District of New York. Over the next week, Southwest will discuss its offer with the various...

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2009-08-10 10:20:00

Southwest Airlines said it would submit a competitive bid this week for bankrupt Denver airline Frontier, which has one other bidder, Republic Airways. In July, Southwest submitted a non-binding proposal for Frontier of $113.6 million. The proposal includes folding Frontier and incorporating its assets to Southwest's operations. Republic, which owns Chautauqua, Republic and Midwest airlines, has submitted a bid of $108.7 million with a proposal that would keep Frontier largely intact, The...

2009-08-07 10:47:00

Agreement Also Settles Section 1113 Appeals DENVER, Aug. 7 /PRNewswire-USNewswire/ -- Frontier Airlines and Teamsters Local 961 announced entry into a consensual, long-term labor agreement and a comprehensive settlement of the company's litigation under Section 1113 of the Bankruptcy Code. The agreement modifies the wage and benefit reductions Frontier obtained from its International Brotherhood of Teamster (IBT)-represented employees under a Bankruptcy Court order last November. The new...

2009-08-03 13:16:00

WASHINGTON, Aug. 3 /PRNewswire-USNewswire/ -- The International Brotherhood of Teamsters Airline Division, which represents 26 commercial cargo and passenger air carriers nationwide, endorses the House Aviation Subcommittee Chairman Jerry Costello's (D-Ill.) legislation HR 3371 which would improve requirements for pilot hiring, training and duty time. Chairman Costello and his staff drafted legislation based upon recommendations by the representatives of the Teamsters Airline Division,...

2009-07-30 12:20:00

DALLAS, July 30 /PRNewswire-FirstCall/ -- Southwest Airlines (NYSE: LUV) confirmed today that the carrier is preparing a bid to acquire Denver-based Frontier Airlines, which will be sold at auction in bankruptcy court next month. The carrier has submitted a nonbinding proposal in accordance with the bidding procedures established in the U.S. Bankruptcy Court for the Southern District of New York. The bid is worth a minimum of $113.6 million, which is in excess of the bid currently filed...

2009-06-29 07:00:00

Agreement opens new cities for Frontier and Midwest customers DENVER, June 29 /PRNewswire-FirstCall/ -- Frontier Airlines Holdings, Inc. (Pink Sheets: FRNTQ) today announced its wholly owned subsidiary Frontier Airlines, Inc., has reached a codeshare agreement with Milwaukee-based Midwest Airlines. The agreement will allow customers of both airlines to travel to more destinations while enjoying a seamless ticketing and customer service experience. The agreement, which is scheduled to begin...

2009-06-24 14:16:35

Republic Airways Holding said it would take over two struggling airlines, Frontier, based in Colorado, and Midwest, based in Wisconsin. Having loaned the Colorado carrier $40 million in March, Republic already owns a portion of Frontier, the country's third largest low-cost carrier, which is in Chapter 11 court protection, the Indianapolis Star reported Wednesday. The purchase price for the bankrupt airline, which earned $264 million in revenue in the first quarter, was $109 million. Frontier...

2009-06-15 08:13:00

PARIS, June 15 /PRNewswire-USNewswire/ -- Teal Group forecasts production of 2,909 regional aircraft worth $65.9 billion between 2009 and 2018. This includes 1,732 regional jets worth $46.9 billion, and 1,177 turboprops worth $19 billion. These numbers are all in 2009 dollars. "These numbers represent 8% shrinkage relative to the previous ten years (1999-2008), which were basically the glory days for this market," said Richard Aboulafia, Teal Group's Vice President - Analysis. "Production...

2009-06-10 13:49:00

ST. GEORGE, Utah, June 10 /PRNewswire-FirstCall/ -- SkyWest, Inc., (Nasdaq: SKYW) announced today that it has reached a mutual understanding with Midwest Airlines to wind-down the service SkyWest Airlines, Inc., currently provides under the Airline Services Agreement between SkyWest Airlines and Midwest Airlines. As a result, SkyWest has agreed to remove its remaining 12 CRJ200 regional jet aircraft from Midwest service based on the following schedule: one aircraft will be removed in June...

2009-06-08 10:30:00

DENVER, June 8 /PRNewswire-FirstCall/ -- Frontier Airlines (Pink Sheets: FRNTQ) today announced that it has named Daniel M. Shurz to the position of Vice President of Strategy and Planning. Shurz will oversee management of Frontier's route planning and aircraft scheduling. He also will have responsibility for forging and managing the Company's strategic alliances and joint venture efforts. Shurz joins Frontier from Air Canada, Inc, where he was most recently Vice President, Network Planning...


Word of the Day
Cthulhu
  • A gigantic fictional humanoid alien god being described with a head resembling an octopus and dragon wings and claws, around whom an insane cult developed.
  • Pertaining to the mythos of Cthulhu and additional otherworldly beings created by H. P. Lovecraft or inspired by his writings and imitators.
This word was invented in 1926 by H.P. Lovecraft for his short story, 'The Call of Cthulhu.' 'Cthulhu' may be based on the word 'chthonic,' which in Greek mythology refers to the underworld.
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