Frontier Airlines announces final loan repayment after 9-11 attacks

DENVER – Denver-based Frontier Airlines (Nasdaq:FRNT) announced it has become the first airline in America to pay back a $70 million loan from the federal government to cope with losses suffered after the Sept. 11, 2001, terrorist attacks on the nation.

In a ceremony today, Frontier CEO and President Jeff Potter presented the final payment – a check for $11.6 million – to members of Colorado’s congressional delegation.

“This loan helped us to weather the challenges following Sept. 11, 2001 as well as the impacts of a stagnant national economy,” Potter said. “We are happy to be the first airline in America…