Southwest Airlines (LUV) raises its bid for Frontier Airlines (FRNTQ) by 50% - to $170M in cash...

|About: Southwest Airlines Co. (LUV)|By:, SA News Editor

Southwest Airlines (LUV) raises its bid for Frontier Airlines (FRNTQ) by 50% - to $170M in cash - as it tries to hold off Republic Airways Holdings (RJET) in a bankruptcy auction. A successful bid would allow Southwest to operate flights outside the U.S. for the first time.