William Franke’s Indigo Partners has purchased Frontier Airlines from Republic Airways more than two months after the deal was first publicly announced. The sale, which has been valued at $177 million, transfers Denver-based Frontier’s stock, debt and rights to a 2011 order for Airbus A320neos to the investment firm once closely associated with Spirit Airlines. “As air travel costs have moved higher, demand has grown for more affordable options and more choices. One key element to ...
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