Frontier Airlines (FRNT) Reports February Traffic

Frontier Airlines Holdings, Inc. (Nasdaq: FRNT) announced preliminary traffic results for Feb. 2008 for both Frontier's mainline operation as well as its wholly owned subsidiary, Lynx Aviation.

Mainline revenue passenger miles increased 18.1% to 744,762,000 for Feb. 2008 from the same period last year. Mainline available seat miles increased 7.5% to 957,989,000 for Feb. 2008 from the same period last year. This resulted in a mainline load factor for Feb. 2008 of 77.8%, an increase of 7.0 points from Feb. 2007, when the airline reported a mainline load factor of 70.8%. The airline carried 760,816 mainline passengers during Feb. 2008, a 12.1% increase from Feb. 2007.

For Feb. 2008, Lynx reported revenue passenger miles of 27,680,000 and available seat miles of 47,549,000. This resulted in a Lynx load factor for Feb. 2008 of 58.2%. Lynx carried 62,736 passengers during Feb. 2008. [SM]

You May Also Be Interested In

• Provident Financial names former FDIC examiner to its boards
• BofA Securities Resumes SK Hynix (000660:KS) (SKHY) at Buy, 'appears undervalued vs super-cycle earnings'
• Nvidia launches Alpamayo 2 Super reasoning model for autonomous vehicles