U.S.
Senator Member: Finance, Agriculture, Energy, Ethics and Aging Committees |
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For Immediate
Release Friday, April 11, 2008 |
CONTACT:Stephanie Valencia – 202-494-8790 |
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Sen. Salazar Statement on Frontier Bankruptcy Announcement
WASHINGTON, DC – Today, United States Senator Ken Salazar released the following statement regarding Frontiers Airlines’ announcement that they would be filing Chapter 11. “This morning I
spoke with executives at Frontier about their fiscal condition. They
have assured me that they will continue to conduct normal operations
and I am confident in their current and future ability to do so. The
Chapter 11 bankruptcy filing is meant only to allow them the opportunity
to take corrective action concerning certain credit card processing
issues. Frontier Airlines is vitally important to Colorado’s economy,
providing thousands of Colorado jobs and essential services and I remain
hopeful that the company will be able to weather this storm.” ###
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