Frontier Airlines on the block

Republic says it will bring advisers on board to help find a buyer for Frontier Airlines. “We think that airline is going to be attractive either to private equity or to our shareholders or potentially to a strategic investor,” Republic Chairman and CEO Bryan Bedford said yesterday. The company had “substantially achieved” the $120 million in cost savings it was seeking for Frontier, Bedford said. Frontier lost over $102 million this year and owner Republic Airways has moved quickly to cut routes. Now Frontier has 95 aircraft from 100 a year ago. Republic bought Frontier, then a feeder airline for