Frontier profitable in their third quarter 2012
 

http://www.bizjournals.com/denver/ne...le+Feedfetcher

Plus $30M in the quarter vs. minus $1.5M a year ago.

Hopefully this will provide suitors other than the "New Frontier" yahoos in New Orleans for a potential purchase. :D :D :D

Plus $14 million profit for Q2, minus the Q1 loss ($20 million) makes Frontier profitable for the year to date, to the tune of about $23 million.

The CEO predicted this year would be Frontier's first full year profit in ten years. It seems likely he was right.

Certainly very good news. I'll be curious to see how they do in winter quarters, as their modified business plan is less concerned with suffering losses in winter to maintain market share and flyer loyalty. I suspect a key goal of the modified business plan is specifically to mitigate the typical seasonal losses.

Siegel's brief from Republic (and perhaps TPG?) is to make Frontier profitable. If, as seems likely, he can produce a full year profit, it will be the first in ten years.

I think they can mitigate some of the winter losses this year, but, because of the fleet constraints, cannot effect a solution until they have more aircraft and probably more time.

The key to it, as Siegel has said, is that Frontier does not do enough north-south flying, snowbird flying. A start has been made with the build-up at MCO.

I think the Q3 result is impressive and I am amused by the very muted reaction to it on a certain - other - message board. :-)

I really do think that's key for them, as I suspect even the strongest airlines lose money for a lot of the winter on their non-sun routes.

Isn't that the truth? Speaking for myself, work and personal have kept me out of a lot of the discussions just because I don't have the time nor energy to fight the battles. And of course as an MKE guy I don't have the horse in the race I once did with Frontier. But there's definitely a satisfying feeling in seeing a solid profit calm some of the dust down. Of course it doesn't mean all is perfect, all decisions are good ones, and they face no issues. And that can of course be debated. But from the crowd who'd claim that (something as silly as) boarding fewer coffee stir sticks per flight was a clear sign that the integrity of the Denver hub was in jeopardy, this profit is largely undiscussed.