Frontier Airlines Holdings reported a $1.1 million net profit in the December quarter and an operating profit of $5.6 million. Excluding special items, it was $7.7 million in the black on a net basis. Special items included $8.7 million in mark-to-market fuel hedge losses and $2.7 million in gains on reorganization activities that included the sale of four A319s. Its December net profit was $18.7 million. Fourth-quarter mainline passenger unit revenue rose 7.2% year-over-year against a 4.2% ...

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