The end of the bankruptcy court auction for Frontier Airlines was only a brief news story this morning in print but we found a more detailed article from the Denver Business Journal, located where Frontier is based. The story has good information about the differences in the two bids.
Southwest says its higher bid failed because its pilots and those at Frontier couldn't reach an agreement on merging the two workforces. Southwest took pains in a statement to say that it respected its pilots' decision because its culture and relationship with employees was too important to upset. Republic says it won the auction because its bid improved greatly in recent days, particularly for Frontier creditors.
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