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DENVER—Frontier Airlines Holdings, which is reorganizing under bankruptcy protection, says its stock will be delisted by the Nasdaq stock market next week.
The parent of Denver-based Frontier Airlines said Tuesday that Nasdaq will suspend trading of the stock April 22 because of the bankruptcy proceeding.
The airline doesn’t plan to appeal the decision.
Frontier filed a Chapter 11 petition in U.S. Bankruptcy Court last week and says it will take up to 18 months to restructure its debt.
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