Discounter Frontier Airlines Plans IPO Ahead of Expected Travel Rebound
Discount carrier Frontier Airlines is charting a course to return to public markets, filing for an initial public offering (IPO) with plans to trade on the Nasdaq under the ticker FRNT.
Frontier was a publicly traded company before, but was acquired out of bankruptcy by Republic Airways Holdings in 2008. It was eventually sold to private equity firm Indigo Partners, which has rebuilt the airline as a ultra-low-cost discounter similar to Spirit Airlines (NYSE: SAVE).
Image source: Frontier.
Source Fool.com
