Republic Airways Plans To Offload Frontier By Summer

Law360, Chicago (April 30, 2013, 7:23 PM EDT) -- Republic Airways Holdings Inc. told investors Tuesday that it hopes to sell its Frontier Airlines unit by the summer, less than four years after it purchased the discount carrier out of bankruptcy.

During a conference call announcing Republic’s first quarter results, CEO Bryan Bedford acknowledged recent “speculative reporting” about potential buyers for Frontier, but said it was too early in the sale process to talk specifics.

“I confirm we continue to work toward the goal of completing the separation process in the June to July timeframe,...
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