Frontier Airlines EarlyReturns - Frontier/RJET Post 3Q11 Results - A Profit!

http://www.marketwatch.com/story/republic-airways-holdings-announces-third-quarter-2011-financial-results-2011-11-07

Even with the $10 million hail storm, net income of $20.4 million for the consolidated business. Overall very impressive given the huge increase in fuel cost vs. last year. Not out of the woods yet of course but a profit is a step in the right direction.

Looks like they completed negotiaions on the NEO order as well, and no mention of the C-Series. Wonder what will be uncovered in the conference call tomorrow AM.

I'm no expert on the financial aspects of running an airline, but isn't it more difficult for an airline not to be profitable during the summer months? Will the next two quarters still be key to see if they actually are heading in the right direction with good winter results?

Looks like they completed negotiaions on the NEO order as well, and no mention of the C-Series.

http://phx.corporate-ir.net/phoenix.zhtml?c=131107&p=irol-newsArticle&ID=1627808&highlight=

Here's the news from the Denver Business Journal (http://www.bizjournals.com/denver/news/2011/11/08/frontier-airlines-has-hit-120m-goal.html?page=all)