AC

Is there room for another ultra-low-cost carrier like Spirit, which offers fares as low as $9 but charges plenty of extra fees — even to carry on a bag? Or like Allegiant Air, which will sell you a tour package along with your low fare? Travelers may soon find out. As soon as this week, Republic Airways Holdings, which owns Frontier, may start searching for someone to buy the low-fare airline, or start the process to split it off as a separate company that follows the Spirit or Allegiant model. Frontier is probably best known for the colorful animals on the tails of its planes and its loyal following in Denver. But it's been largely a money loser for Republic, a regional airline company that bought it roughly three years ago. And now, Bryan Bedford, Republic's CEO, says it wants to cut it loose. "The biggest challenge we've had is convincing our shareholders that it was a good investment," Bedford says, adding that Republic hopes to name an adviser in the next two weeks so the...