Posted on April 11th, 2008 at 1:35 am by GregM
I just got this from the Wall Street Journal:
Frontier Airlines said it filed for Chapter 11 bankruptcy protection following moves by a credit-card processor to increase a holdback of customer receipts. The airline said it will continue to operate its full flight schedule and pay employees and suppliers throughout its reorganization.
Their bankruptcy follows ATA and Aloha Airgroup. If this continues, will we be able to fly anywhere? Boeing needs to hurry up and come out with their 787 Dreamliner, which is more fuel efficient. It’s a hybrid, if you will. I’m sure it costs more up-front, but the fuel savings will probably be worth it in no time.


