Potential buyers surface for Frontier Airlines

Frontier Airlines’ parent company Republic Airways Holdings Inc. recently announced that potential buyers for Frontier Airlines have started to surface.

Earlier, Republic Airways Holdings had in November 2011 sounded out that it would be divesting Frontier Airlines, two years after the company bought the Denver-based carrier out of bankruptcy.

Bryan Bedford, Chief Executive Officer of Republic Airways Holdings, said that he had heard from potential buyers for Frontier Airlines and would be soon naming an adviser on whether the unit will be sold or spun off to shareholders.

Frontier flights are being currently operated daily between Salt Lake City and Denver as well as between Provo and Denver.

Republic Airways Holdings wants to separate Frontier Airlines as an independent unit and start focusing on its traditional role of providing regional flights for carriers such as Delta Air Lines.