Frontier Airlines Files for Bankruptcy Protection |
| New York Times - Apr 11, 2008 |
Frontier Airlines on Friday became the latest budget carrier to file for bankruptcy protection, but the airline promised to continue normal operations.
Frontier, based in Denver, said it had filed for protection after its main credit card processor tried to hold back substantial proceeds from its tickets sales. But the airline said it would continue to operate its full schedule of flights and honor ticket reservations.
“To be clear, we filed for very different reasons than those of other recent carriers, and our customers and employees can be confident that we intend to keep on flying and providing outstanding service and products,” Sean Menke, Frontier president and chief executive officer, said in a statement. He said the airline promised to continue “normal operations throughout our reorganization process.”
Read Full Article from New York Times
- Posted: 2008-04-11 08:42:37
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