Republic Airways Signs Term Sheet to Sell Frontier Airlines
Skift Take
Frontier is trying to become a Spirit-like airline, apparently without the wild advertising, as Frontier has recently begun charging passengers for soft drinks, online check-ins, and a bevy of other fees. It will, of course, be interesting to find out who the potential buyer is.
Republic Airways reached a nonbinding agreement with an unnamed third party to sell ultra low cost carrier Frontier Airlines, CEO Bryan Bedford said today.
Bedford said Republic signed an exclusive, nonbinding term sheet with a third party, and closing of the deal, which could come in the third quarter,
