Another top level executive leaves Frontier

Washington DC
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(corrects fleet sale numbers)

Approximately two months after Frontier Airlines announced the departure of senior VP marketing John Happ, the carrier says CFO Paul Tate is stepping down March 21.

The departures occur a few months after Sean Menke returned to Frontier from Air Canada to assume the role of CEO. Since his arrival, Menke and the executive team have been conducting a strategic review of Frontier’s route network and its fleet. Recently Frontier detailed plans to sell four of its 22 of its owned Airbus A318s/319s as its fourth quarter losses widened year-over-year to $32.5 million.

Tate joined Frontier in October 2001, after holding executive positions at Colgan Air, Atlantic Coast Airlines, Reno Air and Midway Airlines.

"Paul has been the guardian of our finances for almost seven years now, and he has guided us through what have arguably been some of our toughest financial times," says Menke.