As reported by the Associated Press, Frontier Airlines filed for Chapter 11 but will continue to fly while it reorganizes.

Even though they will continue to operate, there is still speculation that F9 will not be able to hold-on without significant changes. Selling of deep-discount tickets to Denver in off-peak months just does not generate the revenue an airline needs to stay profitable and in business.

What I found interesting in the USA Today article was the mention of Frontier’s credit card processor starting to withhold “significant” funds from ticket sales on April 11. I hope that more information comes out regarding this as it may show the lack of internal management on Frontier’s part.

For those who are Frontier frequent fliers, I would be cautious when buying Frontier tickets for dates too far in the future.