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Frontier Airlines reports improvements in net and operating losses in Aug-08


Frontier, which is now required to release monthly operating reports while in bankruptcy protection, reported a net loss of USD5.6 million in Aug-08. This compared to a net loss of USD3.2 million in Jul-08 and USD8.8 million in Jun-08, and losses of USD22.0 million in May-08, and USD16.5 million in the 20 days between 10-Apr-08 to 30-Apr-08, following the airline’s entry into bankruptcy protection on 11-Apr-08.

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Unlock the following content in this report:


  • Unit costs excluding fuel fall 12.9% in Aug-08; but overall unit costs on the rise
  • Faces opposition from union on cost cutting plans
  • Cash and short-term investment increases to USD77.8 milion
  • To reduce mainline capacity by 17% in the six months to 31-Mar-09

Graphs and data:

  • Frontier Airlines Holdings financial highlights for Aug-08
  • Frontier Airlines unit cost per ASK (USD cents): 1Q06 to 2Q08
  • JetBlue Airways capacity growth (ASK) growth: Jan-04 to Aug-08
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