Frontier Payroll
Join Date: Feb 2008
Location: Rivertown
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bogus rumor
Rumor false, received direct deposit of $7007.39 for second half of March. Also included 401k match of $347.87, and Defined Contribution retirement of $327. Word has it at current $110 oil, we have about 1.5 years before cash runs out...
Join Date: Jan 2008
Location: Denver
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In a nutshell, Ch 11 was filed because a credit card company didn't want to continue paying Frontier in the standard fashion, as it has done for years. This would have reduced Frontier's cash on hand by about $100,000,000 in a matter of months. It wasn't because Frontier couldn't pay its bills.