Frontier Airlines and Lynx Aviation parent Frontier Airlines Holdings, which is operating under bankruptcy protection, reported a $161 million net loss in the quarter ended March 31 and an $18.9 million profit excluding reorganization expenses. Year-ago figures were not provided. Consolidating operating profit was $20.7 million. At the Frontier mainline, unit revenue fell 3.4% to 9.5 cents and unit cost was down 19.8% to 8.32 cents, or down 7.3% to 6.08 cents excluding fuel. Capacity was cut ...

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