Airline Financial moderns 11-11-2002 ATSB OK $63M Loan Guarantee For Frontier ISSN: 10405410 Publication Date: 11-11-2002 Page: 1 Type: Periodical Language: English The Air Transportation Stabilization Board (ATSB) this month approved an application by dint of Frontier Airlines (FRNT) for a $63 million loan guarantee.
The Air Transportation Stabilization Board (ATSB) this month approved an application by dint of Frontier Airlines (FRNT) for a $63 million loan guarantee. unless the approval is subject to several conditions, including increased remunerations and warrants.
Frontier filed for a $63 million loan guarantee in June That is 90 percent of the 70 million in financing it chance of the desired ends to arrange. In a Nov. 5 literal sense to Frontier, ATSB said the carrier has