Frontier Airlines Holdings
| Company type | Public |
|---|---|
| Industry | Airline holding company |
| Predecessor | Frontier Airlines |
| Founded | 3 April 2006 |
| Defunct | 2009 |
| Fate | Acquired by Republic Airways Holdings |
| Headquarters | Denver, Colorado , United States |
| Products | Airline operations (Frontier Airlines, Lynx Aviation) |
Frontier Airlines Holdings, Inc. was an airline holding company located in Denver, Colorado, operating within the United States.
Airline subsidiaries and operations
Related airline divisions and services
| Frontier Airlines Holdings |
IATA: |
ICAO: |
Call Sign: |
Airline or contracted regional airline operating flights for or flying in brand colors of: | Codeshares with, flight numbers ranging: | Number and type of aircraft | Number of Seats: |
|---|---|---|---|---|---|---|---|
| Frontier Airlines | F9 | FFT | FRONTIER FLIGHT | Frontier Airlines | Great Lakes (ZK) 5001 - 5999 Lynx Aviation (L4) 3001 - 3999 |
09 Airbus A318-110 39 Airbus A319-100 04 Airbus A320-200 |
120 132 - 136 162 |
| Lynx Aviation | L4 | SSX | SHASTA | Frontier Airlines Operated by Lynx Aviation | 11 Bombardier Q400 (+10 options) |
70-74 (70 in aircraft with ski bins) |
History
Established on April 3, 2006, through the restructuring of Frontier Airlines, Frontier Airlines Holdings, Inc. was incorporated in Delaware to take advantage of beneficial tax regulations, while maintaining its headquarters in Colorado.
On September 6, 2006, the company unveiled Lynx Aviation, a division set to operate ten Bombardier Q400 aircraft under the Frontier Express brand starting October 2007. This initiative was designed to cut operating expenses by nearly 30% on routes shorter than 650 miles by employing lower wage structures, facilitating expansion into new markets.
Due to financial difficulties, Frontier Airlines Holdings and its affiliated companies filed for bankruptcy protection on April 11, 2008, following the suspension of ticket payment processing by its credit card processor.
By August 4, 2008, the organization arranged a debtor-in-possession financing agreement worth up to $75 million from Republic Airways Holdings, Credit Suisse Securities, and AQR Capital. This funding offered reduced costs and enhanced strategic options subject to court approval during bankruptcy proceedings.
The Bankruptcy Court approved Frontier’s reorganization plan on September 10, 2009. Subsequently, on October 1, 2009, Frontier exited Chapter 11 bankruptcy as a fully owned subsidiary of Republic Airways Holdings.