Frontier Airlines 2005 Annual Report Download - page 26

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Subject to the right of first refusal that we granted to American pursuant to our code-share agreement with them, should we receive an
offer, bid or other expression of inquiry from a third party to purchase, lease, sublease, encumber or otherwise acquire any interest in,
or to operate on behalf of a third party, any aircraft that it owns or leases, which we desire to accept, we have granted to Delta a right
of first refusal to acquire the aircraft which we desire to dispose of on the same terms as those offered to us by the third party.
At any time that we enter into an agreement in principle with a third party for a code-share (or similar) relationship using ERJ-135 or
ERJ-145 aircraft, other than certain permitted amendments to our pre-existing code-share agreements, we must offer Delta the right,
on an all or nothing basis, to amend the code-share agreement to incorporate the terms of the agreement with a third party. If Delta
elects to incorporate the terms of the agreement with the third party, those terms will govern all of the aircraft covered by the
code-share agreement.
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Source: REPUBLIC AIRWAYS HOLDINGS INC, 10-K, February 27, 2006 Powered by Morningstar® Document Research