Press release from Business Wire
Frontier Airlines Announces CAO/Treasurer Appointment
<p class='bwalignc'> <i>Holly Nelson joins Denver-based carrier</i> </p>
Tuesday, April 09, 2013
Frontier Airlines Announces CAO/Treasurer Appointment12:00 EDT Tuesday, April 09, 2013
DENVER (Business Wire) -- Frontier Airlines today announced the appointment of Holly Nelson as chief accounting officer and treasurer of the Denver-based carrier.
A seasoned professional, 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 Corporation where she helped the airline enter the public markets and guide its tremendous growth.
Nelson is a certified public accountant and holds a bachelor of business administration degree from the University of Wisconsin-Eau Claire. 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 wholly owned subsidiary of Republic Airways Holdings, Inc. (NASDAQ:RJET).
About Frontier Airlines
Frontier Airlines is a wholly owned subsidiary of Republic Airways Holdings, Inc. (NASDAQ: RJET), an airline holding company that also owns Chautauqua Airlines, Republic Airlines and Shuttle America. Currently in its 19th year of operations, Frontier offers service to more than 75 destinations in the United States, Mexico, Costa Rica, Jamaica and the Dominican Republic. The airline employs more than 4,000 aviation professionals, operating from its hub at Denver International Airport. For in-depth information on Frontier Airlines and to book tickets, visit FlyFrontier.com.
Kate O?Malley, 720-374-4560