Frontier Airlines

Frontier Airlines and First Data Announce an Agreement on Credit Card Processing Terms DENVER, May 30 /PRNewswire/ -- Frontier Airlines and First Data today announced an agreement with respect to the continued processing of Frontier's Visa...

In this article: First Data, Frontier Airlines Holdings, Inc., Denver, Mobile payment, ATM, Goods and services, Bombardier Q400, and Lynx Aviation

...Data. "The terms of our agreement with Frontier Airlines are not unique; they are considered standard industry practice and terms originally agreed upon by Frontier," First Data, of Greenwood Village, Colo., said in a statement. "They do...

In this article: Bankruptcy, First Data Corp, Delta, Boyd Group, American Airlines, and Colorado

...into Chapter 11 bankruptcy on April 10. Frontier blamed Greenwood Village-based First Data, saying it unexpectedly demanded a $75 million increase in collateral for processing credit-card transactions. First Data, worried about Frontier's...

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

...it impossible for us to continue normal operations." By filing for bankruptcy, Frontier can fend off First Data until a judge issues a decision or the reorganization is completed. First Data did not immediately comment. Frontier expects...

In this article: First Data Corp., Bankruptcy, Denver, Revenue, and Frontier Airlines Holdings Inc.

...to today's bankruptcy filing by Frontier Airlines." April 23, 2008: Frontier and Republic cancel a service agreement, resulting in the elimination of six flights from Frontier's schedule. Republic, which operated a regional jet service for...

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

...processor. First Data, one of Frontier's creditors, informed the airline it will significantly increase its "holdback" of receipts and proceeds from ticket sales starting April 11, limiting the airline's liquidity. First Data told...

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

...flights were completed. The filing prevents Greenwood Village, Colo.-based First Data Corp. from implementing the change until Frontier emerges from bankruptcy or First Data receives a judge's approval to proceed. In addition to the...

In this article: Republic Airways, Bankruptcy, First Data Corp., Denver, U.S. Bankruptcy Court, All rights reserved, and Revenue

...seen. Frontier filed for Chapter 11 protection in April 2008 after its credit-card processing company, First Data Corp., said it would hold back 100 percent of the receipts from Frontier ticket purchases rather than only a portion. It was...

In this article: Republic Airways, Denver, Milwaukee, Indianapolis, Tax, Midwest Airlines, Nasdaq, and First Data Corp.

...technique commonly called "holdback." First Data held back 45 percent of Frontier's credit card sales receipts, but intended in May to increase the holdback to 100 percent. Under the new agreement, Frontier will receive 100...

In this article: First Data Corp., Lien, Revenue, Visa, Denver, and New York