Good article. Also of interest is the idea that they won't IPO until ticket prices across the industry start to rise. And I don't think that'll happen until oil prices start a solid rise. OPEC is in the early stages of trying to cut production, but it's going to be a real hard sell, and there is significant doubt they will be able to come to an agreement to make production cuts.

Frontiers IPO may still be a ways off. They should have plenty of time to figure out how to run an airline on time