Frontier Airlines Reports CAO/Treasurer Appointment

April 12, 2013
Frontier Airlines announced the appointment of Holly Nelson as chief accounting officer and treasurer of the Denver-based carrier.

Frontier Airlines announced the appointment of Holly Nelson as chief accounting officer and treasurer of the Denver-based carrier.

According to the company, Nelson brings more than 25 years of airline-industry financial experience to the position. Most recently, she served as chief financial officer for Aircraft Technical Publishers (ATP), where she led the company's finance and human resource functions and was responsible for all accounting and reporting, treasury, financial planning and corporate governance for the company.

Prior to joining ATP, Nelson worked at Virgin America Inc., where she served as senior vice president and chief financial officer. During her tenure, she re-established Virgin America in the financial markets to facilitate capacity growth of 89 percent over two years, executed a fleet plan to support the airline's growth and led negotiations for the purchase of 60 new aircraft. Holly previously served as senior vice president, controller and chief accounting officer at JetBlue Airways Corp. where she helped the airline enter the public markets and guide its tremendous growth.

Holly is a past member of the Accounting Standards Executive Committee (AcSEC) which is the senior technical committee at the America Institute of Certified Public Accountants (AICPA) and she was on the Airline Guide Task Force that issued the updated AICPA Audit & Accounting Guide on Airlines.

"Frontier is exceptionally fortunate to be able to attract an officer of Holly's caliber," said Robert Ashcroft, senior vice president of finance. "Her arrival at Frontier could not be more timely, as the company moves towards separation from its corporate parent and continues to shift towards becoming an ultra low-cost carrier."

Frontier Airlines is a subsidiary of Republic Airways Holdings, Inc.

Frontier Airlines is an airline holding company.

More Information:

http://www.FlyFrontier.com

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