Frontier Accepts $75-Million Republic-Led DIP Offer

Credit: JOSEPHPRIES.COM
Aircraft sales and debtor-in-possession financing are raising cash for Frontier Airlines as it writes a reorganization plan under Chapter 11 bankruptcy. On Aug. 5, the U.S. Bankruptcy Court for the Southern District of New York approved a $75-million commitment from an unsecured creditor group...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.