Tuesday, August 11, 2009 , Updated
Dallas-based Southwest Airlines ups bid on bankrupt Frontier to $170 million
As reported, Dallas-based Southwest Airlines is a major player in the bankruptcy bidding for Denver-based Frontier Airlines, with an auction scheduled to take place on Aug. 13.
Southwest has now upped the ante by raising their initial $113 million bid to $170 million.
The only other entity in the bidding is Republic Airways, and as Frontier's biggest creditor they stand to receive a cabin-load of cash from Southwest if that rival carrier succeeds in acquiring Frontier.
posted by JM
|
Email
|
Print
|
Comment
|
Tell us your story
|
-
»American Airlines launches wi-fi widget to allow travelers to find wi-fi equipped flights
-
»Dallas Fort Worth Airport expects 4.1% increase in Thanksgiving 2009 travel
-
»Fort Worth-based Allied Pilots Association expresses support for striking Finnair pilots
-
»Dallas-based Southwest Airlines confirms passengers are not superstitious
-
»American Airlines CEO reaffirms commitment to retain Japan Airlines as long-term partner
|
an event
|
a restaurant
|
|
a garage sale
|
a drink special
|
|
a movie showtime
|
local music
|
a job
|
a house
|
|
a deal
|
a pet
|
