Press Releases

Air Transportation Stabilization Board Issues Federal Guarantee On Behalf of Frontier Airlines, Inc.

(Archived Content)

FROM THE OFFICE OF PUBLIC AFFAIRS

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The Air Transportation Stabilization Board today announced that Frontier Airlines, Inc. has closed on a $70 million loan.  The loan is backed by a $63 million federal guarantee issued under the Air Transportation Safety and System Stabilization Act and implementing regulations promulgated by the Office of Management and Budget.