Originally Posted by
Stayontarget
Frontier is a counter point on your predictive cash burn rate. They lost ~70M in each of the previous two quarters but predicting a profit in Q4. Perhaps Spirits moves have paid off more than we know yet? Time will tell.
Q4 is Oct, Nov and Dec. Spirit is already $96M in the hole for Q4. They'd have to rebound pretty sharply to become profitable for the quarter. Also last year Frontier made about $40M in Q4 and Spirit lost $580M in Q4 so they don't really track each other like that. They have had over a year now since the first filing and they still haven't shed enough debt or restructured enough to find a way to make money. Anything can happen, but they are not starting off the quarter very well.