Picture of Frontier group logo

ULCC — Frontier group News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsAdventurousMid CapHigh Flyer

Frontier Airlines cuts fourth-quarter earnings estimate to accommodate possible loss

Frontier Airlines cuts fourth-quarter earnings estimate to accommodate possible loss

- Frontier Airlines ULCC.O cut its fourth-quarter earnings estimates to accommodate a range between a loss and a profit as rising fuel costs eat into margins and outpace gains made from higher fares.

The Denver-based airline expects to post adjusted earnings per share in the range of 15 cents to a profit of 5 cents. It had previously forecast fourth-quarter earnings per share in the range of breakeven to 20 cents.


(Reporting by Nandan Mandayam in Bengaluru; Editing by Anil D'Silva)

((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))

Recent news on Frontier group

See all news