F9 Driver
Wear The Fox Hat
- Joined
- Dec 15, 2001
- Posts
- 515
$6.60!!
The Denver Post
Article Last Updated: 10/05/2007 04:32:23 PM MDT
Frontier shares climbed nearly 5 percent today — closing at $6.60, up 31 cents — on news of higher passenger traffic.
The carrier released its monthly traffic report late Thursday, which showed its planes were 77.9 percent full in September, up 10.3 percentage points from the year-ago month.
Separately, Frontier today started new nonstops between Denver and Sioux City, Iowa, and between Denver and Rapid City, S.D.
The new routes were ones Frontier had initially hoped to serve with 74-seat Q400 planes through its new Lynx Aviation turboprop subsidiary, but Lynx has not yet received necessary federal certification to begin the flights.
Denver-based Frontier now flies each of the new routes twice daily with 76-seat Embraer E-170 regional jets. Frontier's primary regional jet carrier is Republic Airlines.
Frontier Airlines also plans to use another airline, ExpressJet, to fly some of its routes until Lynx is certified.
Kelly Yamanouchi: 303-954-1488 or [email protected]
Frontier shares rise along with passenger trafficpretty scrappy threads for an airline with $5 stock and not a lot of money in the bank.
I like it.
Gup
The Denver Post
Article Last Updated: 10/05/2007 04:32:23 PM MDT
Frontier shares climbed nearly 5 percent today — closing at $6.60, up 31 cents — on news of higher passenger traffic.
The carrier released its monthly traffic report late Thursday, which showed its planes were 77.9 percent full in September, up 10.3 percentage points from the year-ago month.
Separately, Frontier today started new nonstops between Denver and Sioux City, Iowa, and between Denver and Rapid City, S.D.
The new routes were ones Frontier had initially hoped to serve with 74-seat Q400 planes through its new Lynx Aviation turboprop subsidiary, but Lynx has not yet received necessary federal certification to begin the flights.
Denver-based Frontier now flies each of the new routes twice daily with 76-seat Embraer E-170 regional jets. Frontier's primary regional jet carrier is Republic Airlines.
Frontier Airlines also plans to use another airline, ExpressJet, to fly some of its routes until Lynx is certified.
Kelly Yamanouchi: 303-954-1488 or [email protected]