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A Strange New World: A Bidding War For An Airline

247Wallst | Fri, 08/14/2009 - 12:33pm | airline bidding, bidding wars, Frontier Airlines, LUV, Southwest Airlines |  3 comments

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Airline analysts are worried that some US carriers will have to make huge cost cuts or face Chapter 11 filings later this year. The rising cost of jet fuel and precipitous dive in passenger traffic are causing huge losses among most of the industry’s leaders. This  makes the bidding war for Frontier Airlines by Southwest (LUV)
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