Frontier Airlines declares Chapter 11 Bankruptcy

In Consumer, Uncategorized by scott

David Rowell writes: “Frontier Airlines has just filed for Chapter 11, but says it will continue flying its full schedule of flights. It says it needed to do this when its credit card processing company increased the amount of payments that it ‘holds back’ from the airline, messing up the carrier’s tightly stretched cash-flow.” Frontier offers seasonal service between Anchorage and Denver, starting May 5.

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