Southwest thwarted as Republic buys Frontier

Frontier Airlines was acquired by Republic Airways late Thursday after a late bid by Southwest Airlines hit some turbulence.

The bankruptcy court approved Indianapolis-based Republic's purchase of Denver-based Frontier for $108.8 million. That was the initial deal last month, but the bankruptcy court allowed competing bids to be entered before giving the Republic sale final approval.

Southwest, the dominant carrier in Kansas City, saw its $170 million bid for Frontier rejected Thursday evening after the pilots union of the two airlines could not agree to terms in a merger.

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