Airline News: Southwest Makes Bid for Frontier Airlines

Southwest Airlines Co. announced it will bid $113.6 million to purchase Frontier Airlines. According to Business Week, Southwest's bid is part of a U.S. Bankruptcy Court proceeding which says airlines can submit "nonbinding bid proposals to acquire the troubled carrier."

The bidding deadline for the airline is Aug. 10, at which point Frontier Airlines will be sold at auction.

In a statement from Southwest, the airline said the acquisition of Frontier into the Southwest network would expand the company’s route list and possibly add jobs in Frontier's core areas, including Denver.

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