Air Transport World

The 'new' new Frontier. (Frontier Airlines Inc.)

After a midcourse correction, this 'mile-high city' airline has moved into the black

DENVER--Two years after launching service, Frontier Airlines is giving signs that it may be turning the corner on profitability. The airline earned $816,000 in its fiscal fourth quarter that ended March 31, its first profitable quarter since it started operations in July, 1994, and a substantial improvement from the year-ago period, when it lost $1.8 million.

The modest profit was not enough to offset nine months' worth of red ink totaling $6.8 million, however, and Frontier ended the year with a loss of $5.6 million on revenues of $70.4 million.

Airline President Sam Addoms credits the fourth-quarter turnaround to the airline's new operating plan of concentrating "on mainstream routes from our Denver hub rather than secondary markets." This is a significant shift from the original formula of providing low-cost jet service to small and medium-sized western U. …

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