14-Jun-2011 3:02 PM
Frontier pilots invest in Frontier future, Republic to lower stake to minority share
Analysis
Republic Airways Holdings (RJET) and Frontier pilots reached a tentative agreement on 10-June in which the pilot concessions would yield them an ownership stake in the troubled low-cost carrier. Members of the Frontier Airlines Pilots Association are set to vote on the accord on Friday, according to an SEC filing by parent company RJET.
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