Frontier Airlines reported a $17.8 million net profit in July, reversed from a $3.2 million loss in the year-ago month. Operating profit was $24.9 million compared to a $1.2 million surplus in July 2008. Results were impacted by $5.5 million in reorganization expenses. Mainline unit revenue fell 5.1% to 11.26 cents while unit cost was down 27% to 8.58 cents.
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