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Southwest (LUV) loses its bankruptcy auction bid for Frontier Airlines to smaller company...

Southwest (LUV) loses its bankruptcy auction bid for Frontier Airlines to smaller company Republic Airways Holdings (RJET), missing an opportunity to operate flights outside the U.S. for the first time. (previously I, II)
Comments (1)
  • Duude
    , contributor
    Comments (3393) | Send Message
     
    I applaud Southwest for giving up on this bid due to Frontier's pilot union refusing to align themselves with Southwest's pilots. Better to wait it out. Republic will merge with Frontier, find their labor expenses uncompetitive and Southwest can come in later and bid for all of Republic when they file BK.
    14 Aug 2009, 09:42 AM Reply Like
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