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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