Frontier Airlines posted net income of $4 million for its fiscal first quarter ended June 30, a solid improvement over a net loss of $2.7 million in the year-ago quarter. President and CEO Jeff Potter said the carrier was profitable despite "intensified competition" at its Denver hub--where Southwest Airlines launched flights this year--and high fuel costs, but warned that long-term profitability is still a challenge. "It doesn't end with one good quarter," he said. Revenues for the quarter ...

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