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Frontier Airlines Reports $9M Operating Loss

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Dec 15, 2008 3:28 pm US/Mountain

Frontier Airlines Reports $9M Operating Loss

DENVER (AP) ― Low-cost carrier Frontier Airlines has reported a third-quarter operating loss of $9 million, according to data from the federal Bureau of Transportation Statistics.

The results, released today, show the loss for the Denver-based airline amounted to 2.6 percent of its total operating revenue. That marks an improvement from 12.2 percent in the second quarter, but is still the second-highest operating loss among the discount carriers.

Only AirTran reported a higher operating loss at $46 million. Southwest Airlines had an operating profit of $86 million.

Among larger carriers, United Airlines posted an operating loss of $469 million.

United, Frontier and Southwest are the top three carriers at Denver International Airport.

(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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