frontier files for bankruptcy

[PaintballCLE]

so for all of you who are making a tri to denver this year, or for those of you who are going to some away games......you might want to stay away from frontier. They filed for bankruptcy yesterday and its only a matter of time ebfore all their flights start getting cancelled.

only reason i mention this is because i know frontier is a main airline in and out of denver.

[broncofan2438]

wow, this sucks.....wonder what is going to be a good airline to use then

[Los Broncos]

Dam, they had good prices.

[Dendave]

Dam, they had good prices.

Maybe that's why they went bankrupt hmmm...

[theAPAOps5]

They aren't going to cancel flights. Basically what happened is the main company that processed their credit card transactions at the last minute advised them that they were going to require Frontier to have more cash in reserve or they would stop processing for them. It forced Frontier to seek bankruptcy protection.

Consumers should not even feel the effect as they are operating on a normal basis.

[Meck77]

Yeah I don't see this is a big deal either. The federal government can just print more money off and hand it to the airlines when they need it.

I seem to recall that Frontier stayed out the corporate welfare line last time. One of the few.

[Los Broncos]

Maybe that's why they went bankrupt hmmm...


Right, just saying because I got a sweet deal to Denver last year.

I may do a roadie this season, anyone else from California down?

[Old Dude]

Bummer.

[crawdad]

Southwest flies to Denver

[Orange_Beard]

FYI.....



Dear EarlyReturns^® Member,
As you may know, Frontier Airlines voluntarily filed to reorganize under Chapter 11 of the U.S. Bankruptcy Code. Frontier is committed to delivering exceptional customer service and we intend to continue delivering on that promise with normal operations throughout our reorganization process. Our 6,000 employees look forward to serving you.
Your travel plans are secure - We are operating our existing schedule of flights - today and in the future - honoring tickets and reservations as usual, and making normal refunds and exchanges. You can count on Frontier, along with our codeshare partners, as we connect you through our Denver hub to 66 destinations in the U.S., Canada, Mexico and Costa Rica.
Your EarlyReturns^® miles are secure - Our EarlyReturns^® program is unaffected, and you can continue to enjoy the program's benefits, including the opportunity to earn and redeem miles on Frontier and AirTran flights. You can also continue to earn miles using the Frontier World MasterCard^®, our new Frontier BusinessCard, or through our many other EarlyReturns^® partners. All of our other award-winning customer service programs remain in place.
Frontier took this action following an unexpected attempt by our principal credit card processor to substantially increase a "hold-back" of customer receipts, which threatened to severely impact our liquidity. Frontier will now have the time and legal protection necessary to obtain additional financing and enhance our liquidity. We currently have adequate cash on hand to meet our operating needs while we take steps to further strengthen our company. You can learn more about our reorganization by visiting www.frontierairlines.com/restructure.
We are very proud of Frontier's focus on customer service and safety. Our mainline operation has one of the youngest Airbus fleets in North America and offers 24 channels of DIRECTV^® service in every seatback along with a comfortable all coach configuration. Our commitment to safety is proven by our maintenance team's receipt of its unprecedented 9th FAA Diamond Award for safety training of 100% of our maintenance employees. We look forward to providing you with great service in the safest environment for years to come.
All of us on the Frontier team of aviation professionals appreciate your loyalty to our airline and the opportunity to serve you. Thank you for choosing Frontier Airlines.
Sincerely,

Sean Menke
President and CEO

[Sassy]

Frontier starts flying out of Fargo on May 12th with two flights a day to Denver...