Frontier Group Holdings, Inc., the holding company for Frontier Airlines, has filed a request for withdrawal of registration statement on form s-1, which was initially filed with the Securities and Exchange Commission on March 31, 2017. The withdrawal to be effective as early as possible.
The airline is no longer pursuing an estimated US$700 million initial public offering (IPO) of its common stock at this time as a result. The withdrawal of the statement is consistent with the public interest and the protection of investors, says the Group.
No futher details were disclosed.