TribLIVE

| Business

 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Frontier Airlines sold to investor

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

'American Coyotes' Series

Traveling by Jeep, boat and foot, Tribune-Review investigative reporter Carl Prine and photojournalist Justin Merriman covered nearly 2,000 miles over two months along the border with Mexico to report on coyotes — the human traffickers who bring illegal immigrants into the United States. Most are Americans working for money and/or drugs. This series reports how their operations have a major impact on life for residents and the environment along the border — and beyond.

By The Associated Press
Wednesday, Oct. 2, 2013, 12:01 a.m.
 

Frontier Airlines is being sold to William Franke, a pioneer of the cheap tickets and high fees airline business that is growing in this country and has spread overseas.

Franke is the former chairman of Spirit Airlines, which has earned consistent profits by jamming more seats on its planes and charging extra for things that other airlines do for free, such as printing a boarding pass at the airport or using the overhead bin.

Franke said he'll want to be careful about “what's going to fit best with that passenger base” when making any such changes.

His Indigo Partners LLC is buying Frontier for $36 million plus assumed debt.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Business Headlines

  1. Consol takes $603 million loss in second quarter
  2. Leisure, hospitality lead Pittsburgh area job gains
  3. Ambridge’s PittMoss takes off with help from TV show, Mt. Lebanon native Cuban
  4. U.S. Steel to debut oil, gas pipeline connector
  5. Plummeting natural gas prices slash revenue of Marcellus shale producers
  6. Israel’s Teva drops bid for Mylan, buys Allergan for $40.5B
  7. Alcoa among 13 firms in $140B carbon-footprint pledge
  8. Invasive beetle costs Pittsburgh-area power companies plenty
  9. Muni bond funds stressed
  10. Bayer sets sights beyond aspirin
  11. Pitt to start Energy Law and Policy Institute