Antonov24

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    • ON: Thu Apr 17th 00:08 AM
      Commented on:
      How Holdbacks Brought Down Frontier Airlines
      Are any other LLC airlines with 'holdback' issues? How can the CCD Processor simply RAISE the amount of the holdback? How did they pick Frontier out of the lineup of air carriers. From what I understand, Frontier did nothing wrong, had money in the bank and was taking every step available to it to reduce operating costs. Are there no usery laws to catch this type of action. What about insurance against such action? Is there any government assistance available to help a carrier through such an action? Certainly, the U.S. stepped in to 'help' keep United flying these past five years. Frontier has done everything by the book, yet it will experience a difficult period financially because of this action. And, DON'T get me started on the OPEC boneheads and the daily flux in their fuel pricing! Thanks for letting me sound off.
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