Frontier created Frontier Airlines Holdings, Inc., a holding company incorporated in Delaware to take advantage of favorable tax law of "Delaware General Corporation Law" in that state.
The 'Lynx' name plays off of the tail pictures of its planes, specifically Larry the Lynx, and the fact that it "links" smaller airports to the main Denver hub.
On April 11, 2008, Frontier Airlines Holdings announced that it and all of its subsidiaries has filed for bankruptcy due to its credit card processor withholding payment from ticket sales.
[3] On August 4, 2008, Frontier Airlines Holdings, Inc. announced it was moving forward with an alternate transaction for post-petition debtor-in-possession (DIP) financing.
The alternate DIP facility is subject to bankruptcy court approval and to various conditions.