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

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Frontier Airlines, which is now required to release monthly operating reports while in bankruptcy, reported a net loss of USD8.8 million in Jun-08, compared to a net loss of USD22.0 million in May-08 and a loss of 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 (which would have averaged to a loss USD24.7 million over the 30-day month).

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