Frontier is holding tight. They secured DIP financing, they got their credit card processing issue fixed (which forced them into Chapter 11). The biggest hurdle now is how to address Southwest wanting to come in and kill them off. I don't see Southwest doing to them what they did to ATA. Frontier has a strong product, a great following in Denver, and has really corrected some dumb decisions made in the past.

Of course people can say Frontier is going to die. A report was put out today that United is better off folder and liquidating than continue their rebuilding. Then you have people that said USAir would be gone...I think there was a story a week from the early 90s through last year...and still are.