PEOPLExpress bought out Frontier for something like $300M, and then proceeded to attempt to switch Frontier to an airline like PE
. Cheap on/off-peak fares, buy food, etc. This did not sit well with Frontier loyalists.
At this time, PE
also controlled PBA- Provincetown Boston Airline as well as Britt Airways.
kept bleeding cash, they tried to unload Frontier, but Frontier shut down in August 1986. Texas Air Corp acquired the remnants of FL
as well as PE
's operation and they became part of CO
in Feb 1987.
The current Frontier was launched by former old Frontier folks. Glad to see the frontier name out and about again.
Expressjet traces in origins to Britt Airways IIRC.
That is what happens when you bite off more than you can chew.