Bankruptcy

...of six flights from Frontier's schedule. Republic, which operated a regional jet service for Frontier, says it intends to file a $260 million damage claim against Frontier in bankruptcy court. May 30, 2008: Frontier says it has reached...

In this article: Frontier Airlines, Southwest Airlines, First Data Corp., Denver, Denver, The Dallas Morning News, Midwest Airlines, Frontier Airlines Holdings, and Republic Airways Holdings

...taking on Frontier's business. So Frontier took the only other option available to it: declaring bankruptcy, in the hope that a bankruptcy judge would stop First Data from implementing the higher holdbacks. Are there holdbacks elsewhere in...

In this article: First Data Corp., Acquiring bank, Escrow, Cash flow, OPEC, Frontier Airlines, Jet fuel, Cough, and Fair Credit Billing Act

...bids are offered, the bankruptcy court would then sign off on the reorganization plan. Tuesday, Frontier hit a bump in its bankruptcy-exit plans when a federal judge in New York asked the Bankruptcy Court to reconsider its earlier ruling to...

In this article: Frontier Airlines, U.S. Bankruptcy Court, Republic Airlines, Frontier Airlines Holdings Inc., Republic Airways Holdings Inc., Denver, Denver International Airport, New York, and Lynx Aviation

...each day. The airline was forced into bankruptcy after its principal credit-card processor, First Data, announced that it would increase the amount of ticket-purchase proceeds that it temporarily withholds from Frontier. When a traveler...

In this article: Frontier Airlines, First Data, Denver, U.S., Jet fuel, and E mail

...a call seeking comment. Frontier filed for Chapter 11 bankruptcy in April after its credit-card processor, First Data Corp., began withholding a larger portion of ticket sales, reducing the company's cash flow. The airline has been cutting...

In this article: Frontier Airlines Inc., Denver, Colorado Avalanche, Denver Nuggets, Coca-Cola Enterprises Inc., First Data Corp., Pepsi Center, and Cash flow

Bankruptcy code dictates that the Denver-based airline's filing forbids First Data from increasing its withholding of funds, securing time for the airline to reorganize its finances while continuing its operations. Frontier said...

In this article: Frontier Airlines, Wells Fargo, Southwest Airlines, United Airlines, First Data, and Denver

...on the low cost side," he wrote. Industry analyst Mike Boyd said it appeared the bankruptcy was triggered by Wall Street speculation about Frontier, which likely raised concern at First Data. Menke believes the carrier has continued...

In this article: Frontier Airlines, First Data Corp., Revenue, Denver, Denver International Airport, and ATA Airlines

...by government unions and contractors. 4 Frontier Airlines bankruptcy. Hometown low-cost carrier Frontier Airlines flew into Chapter 11 bankruptcy on April 10. Frontier blamed Greenwood Village-based First Data, saying it unexpectedly...

In this article: Frontier Airlines, Colorado, Bill Ritter, Recession, Vestas, Insider trading, E.W. Scripps, and Qwest

...brutal-cash squeeze, this time at the hands of their credit-card processors. The recession and rising business bankruptcies have prompted giant credit-card companies such as Denver (Colo)-based First Data and Atlanta-based Elavon to...

In this article: First Data, E mail, and Risk management