June 22 (Reuters) - Republic Airways Holdings Inc:
* To serve as equity sponsor for frontier's exit from bankruptcy
* Says plan would allow co to purchase 100% of equity in reorganized co for
$108.75 million
* Frontier currently expects to conclude the auction process and emerge from
chapter 11 during the fall of 2009
* Says if completed frontier would become wholly owned subsidiary of Republic
Airways
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* To serve as equity sponsor for frontier's exit from bankruptcy
* Says plan would allow co to purchase 100% of equity in reorganized co for
$108.75 million
* Frontier currently expects to conclude the auction process and emerge from
chapter 11 during the fall of 2009
* Says if completed frontier would become wholly owned subsidiary of Republic
Airways
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.