Frontier Airlines files for bankruptcy, plans to keep flying

[Mal]

Frontier Airlines files for bankruptcy, plans to keep flying - USATODAY.com

DENVER (AP) — Frontier Airlines Holdings Inc. has filed for Chapter 11 bankruptcy protection, but unlike other airlines filing for bankruptcy in recent weeks, it plans to keep running while it reorganizes.

The low-fare carrier said its filing Friday came after an unexpected attempt by its principal credit card processor to start withholding significant proceeds from the sale of Frontier tickets, which threatened to hurt Frontier's liquidity.

 

[JohnK]

It must be very difficult to run a profitable airline in the USA. I think every airline had filed bankruptcy protection in the USA at one stage or another.

It is probably a good idea for some of these airlines to merge, like the recent Delta and Northwest merger, to create a stronger company with a much better chance of extending the future of the airline.

 

[NM]

It must be very difficult to run a profitable airline in the USA. I think every airline had filed bankruptcy protection in the USA at one stage or another.

Strong competition and low prices are not always the best for the industry or the customer.