The following information was issued today by Southwest Airlines via news release:

SOUTHWEST AIRLINES’ BID TO ACQUIRE FRONTIER NOT SELECTED AT AUCTION

Earlier this week, two of our executive vice presidents participated in a conference call with reporters from around the country. This week’s episode of Red Belly Radio is an excerpt of the full one-hour call.

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This episode of Red Belly Radio is an excerpt of the full one-hour call about the Frontier bid. The two officers answering questions are Bob Jordan, Executive Vice President Strategy and Planning, and Ron Ricks Executive Vice President Corporate Services and Corporate Secretary.

A press release was issued today announcing that Southwest Airlines has submitted a proposal to acquire Frontier Airlines, which will be sold at auction in bankruptcy court this month.  The following memo was sent to all Southwest Airlines Employees from our CEO,

Last week, Southwest Airlines confirmed that it was preparing a bid to acquire Denver-based Frontier Airlines, which will be sold at auction in bankruptcy court next month.