DENVER,
Oct. 2 /PRNewswire/ -- Frontier Airlines today announced that it
has reached a tentative agreement with one of its unions for long-term wage
and benefit concessions. Leaders of the Transportation Workers Union (TWU),
which represents the airline's dispatchers, agreed to wage and benefit
concessions through
September 2012. The agreement will be presented for
ratification by the union membership and for approval by the court overseeing
Frontier's Chapter 11 case.
"I applaud the TWU leadership for recognizing the necessity of these
concessions and working cooperatively with us," said Frontier President and
CEO Sean Menke. "This is another very important step in our Chapter 11
reorganization process, helping us to meet the cost targets required by our
business plan."
"The TWU appreciates the joint effort made in achieving this restructuring
agreement," said TWU Local 540 President David Durkin. "We hope that this
will be the first step in achieving agreements with the other groups which
will allow Frontier to exit bankruptcy as quickly as possible."
Frontier continues to negotiate to obtain long-term concessions from its
other two unions: the Frontier Airline Pilots Association, which represents
Frontier's pilots, and the International Brotherhood of Teamsters, which
represents Frontier's mechanics, tool room employees, aircraft appearance
agents and material specialists.
About Frontier Airlines Holdings, Inc.
Frontier Airlines Holdings, Inc. is the parent company of Denver-based
Frontier Airlines. Currently in its 15th year of operations, Frontier Airlines
is the second-largest jet service carrier at Denver International Airport,
employing more than 5,000 aviation professionals. Frontier Airlines' mainline
operation has 56 aircraft with one of the youngest Airbus fleets in North
America. Frontier Airlines' mainline operations offer 24 channels of
DIRECTV(R) service in every seatback along with a comfortable all-coach
configuration. In conjunction with a fleet of ten Bombardier Q400 aircraft
operated by Lynx Aviation (a subsidiary of Frontier Airlines Holdings, Inc.),
Frontier offers routes to more than 50 destinations in the U.S., Mexico,
Canada and Costa Rica. In November 2006, Frontier and AirTran announced a
first-of-its-kind integrated marketing partnership that offers travelers the
ability to reach more than 80 destinations across four countries with low
fares aboard two of the youngest fleets in the industry. For more in-depth
information on Frontier Airlines, please visit its Web site at
http://FrontierAirlines.com.