Frontier Airlines (2nd) (Denver) is currently a subsidiary of Republic Airways Holdings (Indianapolis). Republic has been preparing to spin off and sell Frontier since 2011.
According to the Denver Post and Dow Jones, Indigo Partners (Phoenix) and Anchorage Capital Group (New York) are now in discussions with Republic to possibly acquire Frontier.
Read the full Denver Post report: CLICK HERE
Read the WSJ report: CLICK HERE
According to CAPA, “Indigo Partners is a private equity firm established by Bill Franke in 2002 that pursues acquisitions and strategic investments in the air transportation and related industries. Headquartered in Phoenix, Arizona, with an office in Singapore, Indigo Partners has shown a preference for investing in low-cost carriers around the world. Low-cost carriers in which Indigo Partners has made investments in include Wizz Air, Avianova, Tiger Airways, Spirit Airlines and Mandala Airlines.”
If Indigo is successful in acquiring Frontier a merger with Spirit Airlines is very likely.
Meanwhile Southwest Airlines is gaining market share at Denver as Frontier adds routes away from the DEN hub.
Copyright Photo: Michael B. Ing. Are the colorful talking animal tails now an endangered species? Airbus A318-111 N803FR (msn 2017) approaches for landing at Los Angeles International Airport.