Latest Republic Airways Holdings Stories
Southwest Airlines lost its $170 million bid for Denver's Frontier Airlines on a negative show of support from Frontier's pilots union, the carrier said. Republic Airways Holding Inc., was awarded the bid in a bankruptcy auction in New York, The Dallas Morning News reported Friday.
DALLAS, Aug. 13 /PRNewswire-FirstCall/ -- Southwest Airlines (NYSE: LUV) confirmed today that its bid to acquire Frontier Airlines was not selected. Southwest submitted a bid of more than $170 million to Frontier Airlines on Monday, Aug.
Southwest Airlines dramatically increased its offer for Frontier Airlines, filing a binding bid of $170 million for the bankrupt Denver carrier. Southwest previously submitted a non-binding bid of $113 million, the Fort Worth (Texas) Star-Telegram reported Tuesday. Republic Airlines, owners of Chautauqua,
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.
Southwest Airlines said it would submit a competitive bid this week for bankrupt Denver airline Frontier, which has one other bidder, Republic Airways.
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.
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.
Agreement opens new cities for Frontier and Midwest customers DENVER, June 29 /PRNewswire-FirstCall/ -- Frontier Airlines Holdings, Inc.
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...
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