FerrisWinder, PLLC Menu Contact
Let’s Discuss Your Case
804-767-1800
View our Practice Areas

Frontier Airlines works to overcome financial instability

When companies realize they are on the verge of bankruptcy, the future can seem quite bleak. In many cases, organizations fail to overcome their weaknesses and end up having to suspend business operations entirely. However, businesses in Virginia that are financially struggling, have many options to consider as they try to diagnose what missteps were ultimately responsible for creating their current situation. With the right strategy and tenacity, struggling companies are often able to regain traction and once again enjoy success.

An example of a once-bankrupt company that has worked hard to overcome its hopeless fate, is Frontier Airlines. It has been widely reported that the airline worked hard to map new routes, market to a new customer base and even update its fleet in attempts to boost its financial performance. While their efforts have paid off, the company still appears to be operating without much direction for the future. Uncertainties are now due to issues with customer service and with union backlash regarding the treatment of pilots. 

Business professionals have pointed out that despite the company's success at overcoming financial difficulty, its current inability to reach an amicable agreement with its employees for treatment and pay could ultimately create another uphill battle. 

If businesses are struggling to make ends meet and are considering filing for bankruptcy, they may wish to contact an attorney. With a legal professional guiding the way, companies may be able to explore and analyze other methods for overcoming financial insecurities. 

Source: Denver Business Journal, "After almost shutting down, Frontier Airlines tried to reinvent itself. Has it worked?" Ed Sealover, Aug. 30, 2018

No Comments

Leave a comment
Comment Information

Speak With A Lawyer Today

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

FerrisWinder, PLLC
Fountain Park, Building 7
9327 Midlothian TPKE
Suite 1J
Richmond, VA 23235

Phone: 804-767-6848
Fax: 888-251-6228
Map & Directions