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Old 04-01-2017, 04:42 PM
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spaaks
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https://www.google.com/amp/www.marke...B-8BC1DE1B6CEC

Frontier Airlines parent files to go public

By Caitlin Huston
Published: Mar 31, 2017 4:25 pm ET
Frontier Group Holdings Inc. FRNT parent of Frontier Airlines, filed to go public Friday. The company filed for an offering of $100 million, which is likely a placeholder amount. Frontier reported net income of $200 million in 2016, up from $146 million. It reported total operating revenue of $1.7 billion in 2016, up from $1.6 billion in 2015. Frontier had filed for bankruptcy in 2008 and came out of bankruptcy in October 2009 after it was acquired by a subsidiary of Republic Airways Holdings Inc. Indigo Partners LLC acquired the company in 2013. Citigroup, Deutsche Bank Securities, Evercore ISI and J.P. Morgan are the lead underwriters on the offering.
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