DENVER—Frontier Airlines Holdings Inc. has told regulators its quarterly financial report will be late but says it expects to report a loss of about $57.7 million.
In a filing with the Securities and Exchange Commission this week, Frontier says the expected loss for the quarter that ended June 30 will be about $1.56 per share.
Frontier reported a $3.5 million loss, or 10 cents per share, in the same quarter a year earlier.
Frontier blamed the wider loss largely on a 62 percent increase in fuel costs per gallon year over year.
Frontier spokesman Steve Snyder said the quarterly number largely sums up losses that Frontier listed in monthly operating reports for April, May and June since it filed for Chapter 11 bankruptcy protection in April.
