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Frontier Continues Layoffs




By AviationCrossing.com

After filing for Chapter 11 bankruptcy in April, the Denver-based Frontier Airlines will be laying off nearly 150 employees between its Denver and Las Cruces offices.
 
As fuel prices dictate the future of the company, Frontier will have laid off just over 600 since June.
 
The airline announced it will have to cut mainline capacity 17% and retire seven planes as it is forced to cut costs.
 
Company spokesman Steve Snyder is optimistic that not all workers will be unemployed. He hopes the airline can find other options in the company. What those options are, he couldn’t specify.
 
Frontier posted a $60 million-dollar loss for the fiscal year ending March 31st. After reporting a loss of $38 million in April and May, the company moved for bankruptcy protection.
 
The airline had employed 6,000 people at the start of year, a number it’s had to drastically change since then.
 
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