6 March 2009

Frontier Airlines receives commitment for Debtor in Possession financing

Frontier Airlines Holdings has received a firm commitment for $40 million in post-petition debtor-in-possession (DIP) financing from Republic Airways Holdings, an airline holding company based in Indianapolis, Ind. The DIP facility is subject to bankruptcy court approval and other pre-closing conditions. Upon court approval, Republic will provide immediate funding of $40 million to refinance the

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