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Frontier swings to surprise profit on ‘healthy balance’ between higher fares and demand
The Denver-based airline posted record revenue as fare revenue per passenger jumped 71% and revenue per seat rose 30%, helping offset higher fuel costs.
By Nandan Mandayam and Doyinsola Oladipo Oct 28 (Reuters) - Frontier Airlines has a healthy balance between ticket prices and passenger volume, its chief executive said on Wednesday, after the airline posted a surprise profit on higher fares and foreca...
Frontier Airlines posted a surprisingly adjusted profit in the third quarter. Higher ticket prices cushioned the sharp rise in kerosene prices. The share increased pre-stock by 2.5 percent.