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Frontier Airlines - Reports seventh consecutive month of operating profits

9-Jul-2009

Frontier Airlines, which celebrated its fifteenth anniversary this month, reported an operating profit of USD11.7 million in May-2009, the carrier’s seventh consecutive month of operating profits, and a marked improvement from the operating loss of USD16.5 million in May-2008. Excluding special items, the operating profit May-2009 was USD7.6 million, compared to an operating loss of USD2.5 million in the previous corresponding period. [1152 words]

Unlock the following content in this report:

Subheadings:

  • Operating costs down to lowest level in over a year
  • Yields fall over the precipice
  • Passenger traffic falls as a result of continued capacity cuts
  • Cash and cash equivalents down again in May-2009
  • Frontier Airlines monthly cash and cash equivalent levels (USD)
  • To maintain current operations as Republic Airways Holdings subsidiary; codeshares with Midwest Airlines

Graphs and data:

  • Frontier Airlines Holdings monthly financial highlights
  • Frontier Airlines Holdings operating expenses: May-08 to Apr-09
  • Frontier Airlines passenger yield growth (% change year-on-year): Jun-2007 to May-2009
  • Frontier Airlines traffic highlights: May-2009
  • North American carriers’ domestic passenger capacity growth (% change year-on-year): May-2009
  • Frontier capacity growth (ASK): Jan-2004 to May-2009
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