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Frontier Airlines emerges from chapter 11 protection

Direct News Source

01-Oct-2009 Frontier Airlines Holdings, Inc. announced today that Republic Airways Holdings, Inc. (NASDAQ: RJET) has completed its acquisition of the Company.

Upon the closing of the transaction, Frontier Airlines Holdings, Inc., Frontier Airlines, Inc. and Lynx Aviation, Inc. successfully emerged from Chapter 11 bankruptcy and are now wholly owned subsidiaries of Republic. Frontier Airlines and Lynx Aviation will continue to operate under their same names, offering the same flight schedules, customer amenities and frequent flier benefits as in the past.

"This is the end of a long, difficult journey and the beginning of a new, exciting one," said Frontier President and CEO Sean Menke. "My thanks go to our Frontier and Lynx employees whose hard work and sacrifice enabled us to successfully restructure our Company into an incredible success story. Thanks as well to our loyal customers who continued to support us when many others doubted we would succeed. We will continue to focus on the same safe, efficient, customer-friendly service our customers have come to expect from us."

Menke continued, "We are also looking forward to building on our relationships and working with both Republic and Midwest Airlines to build a strong, sustainable, competitive airline for years to come."