WSJ: Sale of Frontier Airlines by Republic Airways Holdings to Indigo Partners stalls

Frontier Airlines (2nd) (Denver) may not be sold by its owner Republic Airways Holdings (Indianapolis) to Indigo Partners LLC as planned. According to the Wall Street Journal, negotiations between Republic and Indigo have stalled. Part of the problem is a complex dispute over which union represents Frontier’s pilots and whether the agreement that promised the equity stakes in Frontier is valid according to the WSJ report. September 30 is the end of the elusive period for Indigo unless it is extended again by Republic.

Indigo Partners (Phoenix) is a private equity firm established and headed by former America West Airlines CEO Bill Franke and is currently divesting itself of its common stock ownership in Spirit Airlines (Fort Lauderdale/Hollywood). Besides Spirit, Indigo has been involved in AviaNova, Mandala Airlines, Tiger Airways and Wizz Air.

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Copyright Photo: Bruce Drum/AirlinersGallery.com. Wearing the new titles, Frontier’s Airbus A320-214 N220FR (msn 5661) with Sharklets and a Tiger Shark on the tail slowly taxies into the gate at Seattle-Tacoma International Airport.

Frontier Airlines: AG Slide Show