Frontier Airlines had a tough year last year. A generally tough market, made worse by a bankruptcy filing, called the airline's viability into question. But, a strong December could be just the light at the end of the tunnel that this company needs. If all goes well, according to the Rocky Mountain News
, it could hit its goal of pulling out of Chapter 11
this summer. In November, Frontier
actually turned a profit. While this may not sound like much to you, think of the bump in morale, not to mention that it's a visible sign of progress.
The only stumbling block left is the slow winter season and finding some financing to help the airline exit bankruptcy
. At the end of November, the company only had $57.2 million in cash and cash equivalents, a number that will have to go up. But, if Frontier can fix that situation, The Tampa Tribune
reports that the skies could be clear by June.
[Via USA Today
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