Press Releases

Air Transportation Stabilization Board Statement on Frontier Airlines, Inc. Prepayment of Remaining Loan Balance

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The Air Transportation Stabilization Board announced that yesterday, Frontier Airlines, Inc. fully repaid the remaining balance of a $70.0 million loan issued on February 14, 2003. The final payment had been due in 2007. The loan was backed by $63.0 million federal guarantee issued under the Air Transportation Safety and System Stabilization Act.