Dallas-based Southwest Airlines bid $170 million for Denver-based Frontier Airlines Monday. The bid was more than the $108.8 offered by Republic Airways Holdings Inc.
The auction for Frontier is part of a plan to determine which company will take Frontier out of bankruptcy protection. According to officials at both Southwest and Frontier, the auction will begin Thursday.
If you or your company is considering filing for bankruptcy, contact the Austin bankruptcy lawyers of Slater Kennon LLP, at 512-338-1100.