Is the worst now behind Frontier Airlines? Ends 2008 with a record profit for Dec-08

Frontier reported a net profit of USD18.7 million in Dec-08, an impressive improvement from Nov-08’s USD2.9 million profit and Oct-08’s USD20.5 million net loss. The Dec-08 net profit represented a record profit for the month of December and is the second time the carrier has reported a net profit since it commenced reporting monthly operating reports in Apr-08, as a requirement of its bankruptcy protection proceedings.

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