About 700 Frontier Airlines pilots voted this week on whether to ratify a tentative agreement that would give them an equity stake in the airline in exchange for reductions in pay and benefits. Ratification would potentially drop parent Republic Airways Holdings' stake in the carrier to below 50% while allowing it to raise $70 million. It would also clear the way for a restructuring plan aimed at cutting more than $100 million from Frontier's annual costs. In an email to ...

Subscribe to Access this Entire Article

"Frontier Airlines pilots vote on whether to exchange concessions for equity" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.