Reflecting a more upbeat mood among the US low-cost carriers, Frontier Airlines says it turned in a profit for March, helped by the demise of Western Pacific which had "saturated" the Denver market with heavy fares discounts.
Although Frontier posted an increased $18 million loss overall for its 1997/8 financial year to the end of March, president Sam Addoms says that there was a "return to normalcy in the Denver marketplace" following the shutdown of WestPac in early February.
Frontier, now targeting higher yield business traffic, says revenues grew by 26% to $147 million over the year. It operates a fleet of 14 Boeing 737-300s and -200s.
Source: Flight International
