Frontier Airlines Appoints Holly Nelson as CAO and Treasurer
Denver-based Frontier Airlines has appointed Holly Nelson as chief accounting officer (CAO) and treasurer. The US carrier, a wholly owned subsidiary of Republic Airways Holdings, said that she would bring more than 25 years of airline industry financial experience to the position.
Nelson previously served as chief financial officer (CFO) 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 where she served as senior vice president (SVP) and CFO. During her tenure, she re-established Virgin America in the financial markets to facilitate capacity growth of 89% over two years, executed a fleet plan to support the airline’s growth and led negotiations for the purchase of 60 new aircraft. She previously served as SVP, controller and CAO at JetBlue Airways Corporation where she helped the airline enter the public markets.
Nelson is a certified public accountant and holds a bachelor of business administration degree from the University of Wisconsin-Eau Claire. She 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.