08-Jun-2009 5:20 PM
Frontier Airlines' May 2009 yields fall over the precipice
Analysis
Frontier revealed a 12.5% year-on-year yield (per RPM) reduction in May-2009 to USD 8.96 cents, with revenue per ASM also strongly down, by 13.4% to USD 7.29 cents. For a carrier seeking to put together bankruptcy exit financing, the timing couldn't be worse.
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