Frontier on May 28 reported a $2.4 net profit for April and its sixth consecutive monthly operating profit, which the low-cost carrier, still in bankruptcy protection and looking for exit financing, again cited as evidence of a successful restructuring. Frontier President and CEO Sean Menke also pointed to a 19.5% reduction in mainline unit costs to 8.49 cents and 1.4% reduction in mainline unit costs, excluding fuel, to 6.24 cents. Passenger unit revenue for the Denver-based ...
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