Frontier Airlines Declaring Bankruptcy

Friday, April 11, 2008

So now Frontier Airlines is declaring bankruptcy - Chapter 11.  And of course that is the airline I am using to fly from Denver to Seattle for the Microsoft MVP Summit.

Their claim was interesting, I will have to admit.  They said their merchant account provider requests more money to be put on hold.  The amount that was requested seems to have been enough to push Frontier Airlines over the edge.  It makes me wonder how much was actually requested to change their cashflow.

And I guess now that some of the other processors like First Data will be calling them today to see if they can maybe offer them a better deal?  I don't think Frontier Airlines is supported by First Data, but I could be wrong.

Posted by Corey at 1:35:26 PM in Miscellaneous (137) | Comments (0)