Did You Know That One Commercial US Airline Is In Bankruptcy, But May Be Coming Out This Fall
|
Expiration Date: December 21, 2009
This article has expired. Don't miss the next deal by signing up for the
Hot Deals email list.
 Email to a Friend
|
|
Did You Know That One Commercial US Airline Is In Bankruptcy. But May Be
Coming Out This Fall.
Frontier Airlines based in Denver, Colorado filed for bankruptcy protection
on April 10, 2008.
 While many airlines had cash flow problems and have filed for
bankruptcy including the worlds largest airline Delta / Northwest.
Frontier's biggest problem was their credit card processing company, First
Data Corp.
First Data Corp. elected, without much notice, to hold credit card payments
to Frontier in escrow. Which would be held to pay any passengers who may demand
a refund if Frontier ceased operations.
The carrier blamed it's chapter 11 protection on this new cash squeeze caused
by the credit card company.
Today Republic Airways has agreed to buy 100% of the equity in Frontier for approximately
108.8 million dollars.
We believe the name Frontier will continue to remain and if all goes well
Frontier should emerge from Chapter 11 bankruptcy sometime this fall.
Email to a Friend
|
Cheap Discount Airfares To Over 60 Coast To Coast Cities As Low As $58 Roundtrip Before Taxes, Travel Valid Thru November 16, 2010
Over 25 US Cities For $999 Or Less Per Couple To Cancun, Mexico Seven Nights 4 -Star Hotel Including Airfare!
Our Number One Fly Drive Travel Deal For Spring Travel To Florida Is Back. Fly One Way To Florida and Drive Home Even Cheaper!
Cheap Discount Airfares To Select European Cities Travel During Spring, Summer And Fall 2010
Save $20 Instantly On Your Next Roundtrip Flight On Our Preferred Airlines. Fly by June 30, 2010
Take Up To $100 Off Our Last Minute Getaways, Fly-And-Drive Or Fly-And-Hotel Vacation Packages
Final Days! Cheap Discount Airfares To Las Vegas Including 3 Nights At A 4-Star Hotel Plus Two Free Show Tickets Saving You Up To $300
Cheap Discount Airfares To Select USA Hot Spots Three Weekend Nights Plus A 4 -Star Hotel From $219 Per Person Including All Taxes!
Cheap Discount Airfares Plus 3 Nights 4-Star Hotel For A Family Of Four During 4th Of July Weekend. Rates From $179 Per Person Including All Taxes
Receive 10 Percent Off Your Next Flight To Over 100 Destinations Worldwide, Travel Must Be Completed By May 31, 2010
