Frontier Airlines last Friday became the fourth US carrier to file for bankruptcy protection, although unlike recent predecessors Aloha Airlines, ATA Airlines and Skybus Airlines it intends to continue flying while undergoing reorganization. Founded in 1994, the Denver-based carrier blamed "an unexpected attempt by its principal credit card processor to substantially increase a holdback of customer receipts" for its situation, and said it will operate a full schedule, meet its obligations ...

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