April 8, 2008 was a sad day for commerce in the Mile
High City. On that infamous date,
locally-based airline Frontier,
(non-accredited business, A+ Rating,) filed for Chapter
11 Bankruptcy. In the aftermath of
the filing, Frontier was acquired by Indianapolis-based Republic Airways. Republic slashed 140 jobs and
re-headquartered Frontier in Naptown. Peyton Manning led the Indianapolis
Colts to Super Bowl
XLIV. A headstrong Josh McDaniels traded Jay
Cutler for Kyle Orton.
To quote the lauded scribner Charles Dickens (happy
belated,) “it was the best of times; it was the worst of times.”
Don’t despair Denver; in the beginning of 2012 it would
appear the tides have shifted. Peyton
Manning spent the 2011
football season in Europe,
disappointedly watching his Colts stumble to a two-win season as doctors
struggled to screw his head back onto his neck (thanks to Carl from ATHF, I
wish I was this clever). Tim Tebow, John Fox
and the Triple Wishbone
Option led the Broncos to a
huge playoff victory against the hated Pittsburgh
Steelers. Most importantly, Republic
Airways moved
Frontier back to the 303’s
largest metropolis.
And that’s not all; it would appear that under former US Airways CEO David Siegel, Frontier
Airlines is making moves. The
Associated Press reported that despite eliminating 120 million dollars from
Frontier Airline’s operating budget, Republic has already lost more money than
it spent on the acquisition. Republic
Airways plans to sell or spin off Frontier buy the start of this year’s third quarter. Big things have happened in preparation for the
breakup; things that could be very beneficial for the Queen City of the West.
Changes include:
- Wi-Fi capabilities on all of Frontier’s
Enabler 190 fleet. PC Magazine
reported that beginning February, 13 2012, Frontier patrons will be able to
surf the web from the clouds.
Without a doubt, regional airline service has been
revolutionized since Frontier sold its assets in 2008. The sweeping changes made by Frontier show
that the airline is willing to restructure, a well-known prerequisite for
success. As for the move, Colorado’s
fresh mountain air could turn Frontier into a whole different animal. As
always, the BBB of Denver/Boulder wishes Frontier, and all Denver-based
business a prosperous future.