Airline

REPUBLIC TO HOLD ONLY A MINORITY STAKE IN FRONTIER

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REPUBLIC TO HOLD ONLY A MINORITY STAKE IN FRONTIER

Republic Airways’ holding in Frontier Airlines will be reduced to a minority stake by the end of 2014, according to a new agreement with Frontier pilots. Frontier pilots have agreed to give up future pay raises, and accepted reductions in retirement plans and vacation in exchange for a yet-to-be d...

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