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 ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Frontier Reports Operating Profit For Sixth Consecutive Month".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.