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Aircraft and finance. Indigo Partners concludes acquisition of Frontier Airlines

Denver, USA - The purchaser aims to transform it in an ultra-low-cost carrier

Indigo Partners, through an affiliate, has completed the acquisition of Frontier Airlines from Republic Airways Holdings. Final terms of the transaction, which was first announced in October this year, are not being disclosed. However, according to the figures which were announced during the past months, Indigo will pay about 36 million dollars (26.6 million Euros) in cash, and will assume the debt...

AVIONEWS - World Aeronautical Press Agency - 1156895

AVIONEWS - World Aeronautical Press Agency
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