Articles

Republic to cut 220 Frontier jobs in turnaround bid

Frontier Airlines will cut 4.4 percent of its work force as it reduces flight operations in Denver and Milwaukee after Indianapolis-based parent Republic Airways Holdings Inc. said the carrier would be sold or spun off.

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Republic Airways subsidiary cutting 213 jobs

Frontier Airlines, a division of Indianapolis-based Republic Airways Holdings Inc., plans to eliminate 213 jobs at Mitchell International Airport in Milwaukee, where it is also cutting flights to several cities.

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Republic Airways’ stock price continues to sag

Returning its Frontier unit to profitability is seen as a daunting task, and some industry analysts have wondered aloud if the Denver subsidiary will end up in bankruptcy again or Republic will become an acquisition target.

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Republic orders 80 Airbus jets for Frontier

Republic’s agreement to add the Airbus planes, which have a value of about $7 billion at list prices, comes as it pursues a $120 million restructuring plan for Frontier after buying the Denver-based airline out of bankruptcy in 2009.

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