Republic Airways CEO: to 'fix' Frontier Airlines

Republic Airways CEO Bryan Bedford stated "I believe we are going to fix it," when when asked whether it might allow Frontier Airlines to collapse (WSJ, 02-Aug-2011). The company plans to cut its stake in Frontier to a minority by 2014. Frontier's flight attendant union on supported a new contact on 02-Aug-2011 that would swap concessions for equity in the restructured airline, mirroring a pact reached in Jun-2011 with pilots.