Frontier Airlines estimates USD58 million 2Q08 loss

Frontier Airlines, citing a 62% increase in average fuel costs, stated it expects to report a USD57.7 million net loss during the three months ended 30-Jun-08 (2Q08). The loss would be a significant increase from the USD3.5 million loss reported in 2Q07. [951 words]

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This report contains the following subheadings:

• Improvements in net and operating losses in Jun-08; majority of losses in Apr-08
• Financing agreement approved; to improve liquidity and boost momentum towards emergence from Bankruptcy Protection
• Load factors slip slightly in Jun-08, after twelve consecutive months of load factor improvements; down to 87.2%
• Experiences peak Summer unit revenue and yield improvements
• Lynx Aviation: continues to show signs of improvement

This report contains the following charts and tables:

• Frontier traffic highlights for Jul-08
• Frontier passenger yield (US cents): Jan-06 to Jul-08
• Frontier revenue (per ASM): Jan-06 to Jul-08
• Lynx Aviation traffic highlights for Jul-08