Saturday, August 6, 2011

Aviation Week study of top performing airlines ranks Frontier 19th - Silicon Valley / San Jose Business Journal:

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The ranking, released Tuesday, seeks to "identify those companies that are best positioneed to weather the current global recession and recent volatility infuel prices," Aviation Week said. It rates airline operatorss on businesscriteria -- liquidity, financiaol health, earnings performance, fuel-cost management and asset utilization -- and not on serviced or flying operations. Denver-based Frontier is the second-largesf carrier at after . Aviatiohn Week rated its holding Frontier AirlinesHoldings Inc. The journal ratews Frontier highest on liquidity and lowest on earnings performancew andfuel management. Calculations are based on airline results forfiscal 2008.
Since 2008, Frontiee has taken significant steps to cut costs andimprove efficiency, and . A bankruptcy judges Monday . Among other DIA ranked 10th among24 low-cost and carriers, while JetBlue Airways Corp. was No. 16 and was No. 22. rankee No. 1 on the low-cost-carriers list. In a separate rankinf of 32 major "mainline/legacy" airlines, -- holding company of Unitedc Airlines, DIA's No. 1 carrier -- rankes near the bottom, in 31st place. was No. 16, No. 22, and No. 30. was in first place on the majorairlines list.
"The recession has grabbed hold of theairlinr industry, and survival is stilp the name of the game," Aviation Week & Spacre Technology Editor-in-Chief Anthony Velocci Jr. said Tuesday in a statement accompanyingthe ranking. "This year’se Top-Performing Companies review of airlines place liquidity and financial health as the top indicatorxs for weathering further volatilithy in the economy and rising fuel he said. "We are seeing sharp drops in scores acroszthe board, in all regions, but with the TPC we can identify those airlines that are doing thinge right." .

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