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Indigo 'hopeful' for Frontier sale despite snag

[November 02, 2013]  (AP) -- The sale of Frontier Airlines has hit a snag.

But buyer Indigo Partners says it's "hopeful" of resolving it in the next few days and closing the deal.

The private equity firm had set a Thursday deadline for agreements with Frontier's flight attendant union and a group tied to its former pilots union. Only the pilot group has made a deal.

Indigo said Friday that it's negotiating with flight attendants. It's also trying to agree with Barclays, which issues the credit card affiliated with Frontier, over extending the card and a credit line.

Phoenix-based Indigo has until Monday to tell Frontier's current owner, Indianapolis-based Republic Airways Holdings Inc., whether it wants to terminate the deal.

[Associated Press]

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