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DENVER—Frontier Airlines Holdings Inc. is reporting a consolidated net loss of $20.8 million in September and $29.7 million in the second fiscal quarter that ended Sept. 30.
Frontier says the September results included $7 million in reorganization costs, $1.4 million in tax expenses related to the amount expected to be due on the realized gain on aircraft sales, and $2.1 million in unrealized losses on fuel hedges.
Reorganization costs would have been higher but were offset in part by sales of two aircraft.
Frontier says its results have been hurt by rising fuel costs.
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