ContractStock Purchase Agreement • December 9th, 2013 • Republic Airways Holdings Inc • Air transportation, scheduled
On December 3, 2013, Republic Airways Holdings Inc. (the "Company") completed the sale of all of the outstanding shares of its wholly owned subsidiary, Frontier Airlines Holdings, Inc. ("Frontier"), to Falcon Acquisition Group, Inc., an affiliate of Indigo Partners LLC (the "Buyer") pursuant to a Stock Purchase Agreement between the Company and the Buyer dated as of September 30, 2013 (the "Purchase Agreement"). The sale included the Company's rights and obligations under agreements with Airbus S.A.S relating to the purchase and maintenance of A320neo aircraft which were assigned to Frontier at the closing. At the closing, the the Company received approximately $84 million in cash related to the sale of Frontier, of which approximately $52 million is subject to certain final reconciliation adjustments under the Purchase Agreement. In addition, Frontier retained approximately $108 million of indebtedness.
ASSIGNMENT AND ASSUMPTION AGREEMENTAssignment and Assumption Agreement • December 9th, 2013 • Republic Airways Holdings Inc • Air transportation, scheduled • New York
THIS ASSIGNMENT AND ASSUMPTION AGREEMENT dated as of November 6, 2013 (this “Assignment”), is by and between Republic Airways Holdings, Inc., a Delaware corporation (“Assignor”), and Frontier Airlines, Inc., a Colorado corporation (“Assignee”).
STOCK PURCHASE AGREEMENTStock Purchase Agreement • December 9th, 2013 • Republic Airways Holdings Inc • Air transportation, scheduled • New York
STOCK PURCHASE AGREEMENT (together with the Schedules and Exhibits attached hereto and as the same may be amended, supplemented or modified in accordance with the terms hereof, this “Agreement”), dated as of September 30, 2013, by and between Republic Airways Holdings Inc., a Delaware corporation (“Seller”), and Falcon Acquisition Group, Inc., a Delaware corporation (“Buyer”).
