Flashmeister From United States of America, joined Apr 2000, 2900 posts, RR: 6 Posted (9 years 2 weeks 4 days 5 hours ago) and read 2536 times:
Using the definition of a major as a carrier with $1 Billion in annual revenue, will 2005-2006 be Frontier's year? Their fiscal year ends 3/31/06, and as of their last fiscal year, they reported $800+million in revenue. Any predictions?
MEA-707 From Netherlands, joined Nov 1999, 4312 posts, RR: 36
Reply 2, posted (9 years 2 weeks 3 days 15 hours ago) and read 2429 times:
in the last fiscal year they had round and about 42 planes flying. On this moment it is 46, and in the next 4 years, they have only 4 new aircraft a year joining the fleet, they are slowing down their growth. If we assume ticket prices and other factors remain the same, it takes about 3 more years from now til they pass $1 bln.
nobody has ever died from hard work, but why take the risk?