Frontier's Load Factor Soars
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By Andrew Compart
Frontier reported an 89% load factor for its mainline services, an all-time high that was 1.8 points higher than last June, but the increase came at a cost: the low-cost carrier’s mainline passenger unit revenue dropped an estimated 14% to 16% year-over-year.
The unit revenue drop was worse than in May, for which Denver-based Frontier previously reported an estimated drop of 13.4%.
Frontier did not provide the passenger unit revenue change in June for its regional subsidiary, Lynx, as it has done in every previous traffic report this year. In May, the passenger unit revenue at Lynx dropped an estimated 20.4%.
Frontier also did not report yield figures for either its mainline or Lynx service in June; it has reported those figures for every other traffic report this year. A Frontier spokesman said the airline has decided not to include most of the estimated revenue and yield figures in the traffic reports anymore, but instead put the actual, finalized figures in the monthly operating report that Frontier must submit to the bankruptcy court as part of its Chapter 11 proceedings.
Frontier did report, however, that its mainline traffic fell 13.1% in June on a capacity cut of 14.9%. Traffic on Lynx rose 7.1% on a 6% increase in capacity, resulting in a 0.7-point increase in load factor to 69%.
Photo: Airbus
