Market Currents

• Thursday, October 1, 2009

• 12:40 PM Republic Airways Holdings (RJET -3.5%) has wrapped its $108.8M acquisition of Frontier Airlines Holdings, bringing it and its Frontier and Lynx operations out of bankruptcy protection. (previously: I, II) Comment!

• Monday, August 17, 2009

• 08:27 AM Republic Airways' (RJET) recent acquisition of bankrupt Frontier Airlines is just the latest in a recent buying spree meant to shrink its dependence on flying for major airlines. Comment!

• Friday, August 14, 2009

• 08:40 AM 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) 1 Comment

• Monday, August 10, 2009

• 16:39 PM 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. 1 Comment

• Thursday, July 30, 2009

• 13:24 PM Southwest Airlines (LUV +1.6%) beats an Aug. 3 deadline by submitting a proposal to acquire bankrupt Frontier Airlines Holdings at auction, after a bankruptcy court approved a $108.8M purchase of Frontier by Republic Airways Holdings (RJET -5.6%). Comment!