oroughy, I guess we have similar ways of finding investment ideas (Lannett). I have been looking at Frontier for a while as a way to play the airline industry. Frontier is not in the same class as a JetBlue but still is a smaller, discount airline that I believe can weather this storm. Here is the link to an article about the $70 million loan:http://www.denverpost.com/Stories/0,1413,36%257E33%257E1190213,00.html?search=filterI am from the Denver area and have flown Frontier three times this year. On my last trip out of SFO, Frontier was the only service operating out of the concourse we were on. Although traffic is down across the board, Frontier is cutting costs and is seemingly positioned to do well in this downturn. However, this may be exactly why Frontier is doing well. Once the big boys like United get back on their feet it could spell trouble for Frontier. Maybe we all can start doing some research on this board and come up with some conclusions, especially regarding the loan and how Frontier's cash position has to remain above $25 million through September of 2004, and above $75 million thereafter.Zach
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Rat