Company Watch - Frontier Airlines

AirGuide Business, Jan 28, 2008

Jan 28, 2008

Frontier Airlines launched five-times-weekly Denver-San Jose, Costa Rica, flights aboard an Airbus A319. It is Frontier's 10th foreign destination. Jan 27, 2008

Frontier Airlines reported a wider quarterly loss on Thursday, citing mainly higher fuel costs and losses from its regional jet operation. Also, Frontier said it would sell four of its nearly two dozen Airbus jets to slow its capacity growth and improve its cash position. The carrier said it was confident the sales would close in the coming months. Frontier reported a net loss of USD$32.5 million, for the quarter ending December 31, compared to a consolidated net loss of USD$14.4 million for the same period last year. Frontier President and Chief Executive Sean Menke said the results were "clearly unacceptable." Other US carriers have reported quarterly losses largely as a result of record fuel costs. Jan 27, 2008

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