Getting your player ready...
Frontier Airlines said Tuesday it has reached an agreement with Airbus to delay for two years the delivery of seven new A320 planes. If a bankruptcy judge approves the agreement, Airbus will return $7.5 million in prepayments to Frontier.
Denver-based Frontier, which filed for bankruptcy protection April 10, sold four planes this year. It retired two in May and will stop flying the other two in August.
Last week, Frontier said it will retire another seven aircraft this fall when it cuts its flight schedule by 17 percent. The carrier has not yet decided if it will sell the planes or return them to their lessor.
