Southwest (NYSE:LUV) unexpectedly bid $113.6M in a bankruptcy-court auction for Frontier...

Jul. 31, 2009 10:12 AM ETSouthwest Airlines Co. (LUV)LUVBy: Rachael Granby, SA News Editor

Southwest (NYSE:LUV) unexpectedly bid $113.6M in a bankruptcy-court auction for Frontier Airline. If successful, Southwest will boost its presence in the competitive Denver market but will also raise questions about its ability to stick to its low-cost business model.

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