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Thursday, May 31, 2007

Frontier Airlines Reports Fiscal Year 2007 Results

Frontier Airlines Holdings, Inc.reported a net loss of $20.4 million, or $0.56 per diluted common share, for its fiscal year ended March 31, 2007. This compares to a net loss of $14.0 million, or $0.39 per diluted common share for the year ended March 31, 2006. For Frontier's fiscal fourth quarter ended March 31, 2007, the airline reported a net loss of $10.4 million, or $0.29 per common share, compared to a net loss of $7.9 million, or $0.22 per common share, for the same period last year.