jaguar
Jan 9, 05, 10:03 am
Frontier Airlines said its planes were 70.6 percent full on average in December, down from 74 percent the same month a year before. The drop comes as airlines face a difficult and competitive industry environment and Denver-based Frontier has increased its capacity 22.7 percent compared with a year earlier.
"Frontier, like most of the industry, experienced results for the month of December that were less than anticipated, which will adversely impact our third-quarter performance," said Frontier president and chief executive Jeff Potter. Frontier's fiscal year begins April 1.
For the calendar year 2004, Frontier's planes averaged 71.4 percent full, up from 69 percent in 2003. Its capacity increased by 30 percent year-over-year.
"Frontier, like most of the industry, experienced results for the month of December that were less than anticipated, which will adversely impact our third-quarter performance," said Frontier president and chief executive Jeff Potter. Frontier's fiscal year begins April 1.
For the calendar year 2004, Frontier's planes averaged 71.4 percent full, up from 69 percent in 2003. Its capacity increased by 30 percent year-over-year.