777ER
Crew
Topic Author
Posts: 9919
Joined: Fri Dec 19, 2003 5:04 pm

Frontier-$5.5 Million Profit In 3rd Quarter!

Sat Jan 31, 2004 12:53 pm

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?
Head Forum Moderator
moderators@airliners.net
Flown: 1900D,S340,Q300,AT72-5/6,DC3,CR2/7,E145,E70/90,A319/20/21,A380,F100,B717,B733/4/8/9,B742/4,B752/3,B763,B772/W,B789
With: NZ,SJ,QF,JQ,EK,VA,AA,UA,DL,FL,AC
 
InnocuousFox
Posts: 2556
Joined: Sat Dec 06, 2003 1:30 am

RE: Frontier-$5.5 Million Profit In 3rd Quarter!

Sat Jan 31, 2004 3:13 pm

"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!
 
AirVB
Posts: 266
Joined: Mon Aug 04, 2003 4:21 am

RE: Frontier-$5.5 Million Profit In 3rd Quarter!

Sat Jan 31, 2004 3:16 pm

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

AirVB
 
DLKAPA
Posts: 7962
Joined: Wed Dec 03, 2003 10:37 am

RE: Frontier-$5.5 Million Profit In 3rd Quarter!

Sat Jan 31, 2004 3:41 pm

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
And all at once the crowd begins to sing: Sometimes the hardest thing and the right thing are the same

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos