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Frontier-$5.5 Million Profit In 3rd Quarter!  
User currently offline777ER From New Zealand, joined Dec 2003, 12170 posts, RR: 17
Posted (10 years 7 months 3 weeks 4 days 9 hours ago) and read 2859 times:
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On Thursday Frontier Airlines reported third-quarter net income of $5.5 million, the third consecutive quarter the discount carrier has posted a profit. The Denver-based company attributed the profit of 14 cents a share to a busy holiday season. Frontier reported a $6.4 million loss, or 21 cents a share, for the same period a year ago. "In a quarter that has seen very few airlines report profitable results, we are very pleased to report our third consecutive profitable quarter," said Jeff Potter, Frontier president and chief executive officer.

The third-quarter net income included the write-off of deferred loan costs of $1.1 million for prepaying the remaining $11.6 million balance of a government guaranteed loan. Frontier said it was the first and, so far, only airline to repay the loan.

Is this the sign of good times ahead for Frontier?

3 replies: All unread, jump to last
 
User currently offlineInnocuousFox From United States of America, joined Dec 2003, 2805 posts, RR: 14
Reply 1, posted (10 years 7 months 3 weeks 4 days 7 hours ago) and read 2794 times:

"Is this the sign of good times ahead for Frontier?"

Damn right it is! I'm very impressed with what they have been doing lately.



Dave Mark - Intrinsic Algorithm - Reducing the world to mathematical equations!
User currently offlineAirVB From United States of America, joined Aug 2003, 268 posts, RR: 0
Reply 2, posted (10 years 7 months 3 weeks 4 days 7 hours ago) and read 2789 times:

That's great news for F9-just flew on them and had a great experience. Keep up the good work!

AirVB


User currently offlineDLKAPA From , joined Dec 1969, posts, RR:
Reply 3, posted (10 years 7 months 3 weeks 4 days 6 hours ago) and read 2765 times:

And out of the gate it's WN with the lead B6 coming a hard second and, WHAT'S THIS?! F9 LOOKS READY TO CHOP AT B6's HEELS! oh it's a good day at the races!

DLKAPA


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