Republic Airways in talks with two suitors for Frontier Airlines
Skift Take
Frontier has been piling up losses and parent-company Republic Airways has been looking to shed Frontier.
The owner of Frontier Airlines is in talks with a pair of investment firms that each may want to acquire the Denver carrier, according to a news report Tuesday.
The Wall Street Journal reports that the discussions are with Indigo Partners LLC, a Phoenix private equity firm, and Anchorage Capital Group LLC of New York, which are competing in the talks with Republic Airways Holdings Inc. (Nasdaq: RJET). Both companies have invested in airlines over the years.
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