Frontier Airlines reported record third-quarter revenue and a $104 million loss, but the headline loss does not tell the whole story. Excluding special charges, principally costs associated with returning leased aircraft early, Frontier earned $40 million. That is encouraging progress for a carrier whose low fares still need to produce enough revenue to cover its costs.
The principal figures:
I really want to see the “ultra-low-cost” (unbundled) model succeed in the USA and welcome that improvement. I may not always choose Frontier for my own travel, but I want it to remain a viable competitor. Its presence gives passengers another option and puts pressure on the larger carriers to offer competitive fares.
A great solo travel tip spotted this week on Live and Let's Fly.
