A couple of pilot friends from Frontier told me that Frontier reported loss of $33 million in April/May (thats without paying most of it's bills), cash is going fast & the markets are not willing to provide Frontier with additional financing & the furloughs announced are probably just the beginning.

I sure do hate to see it, but it looks like Chapter 7 unfortunately may be the only exit for Frontier.

Looks like this fuel crisis is going to eliminate a great pilot group and a good company overall. Times suck!