Frontier Airlines Jumps

I had Frontier Airlines (FRNT) on last year’s Buy List. I hate airline stocks, but FRNT looked like a sound investment at a good price. The stock was doing well until it got slammed after Southwest Airlines (LUV) said it was going to enter the Denver market, Frontier’s home turf. Ultimately, I decided againt keeping Frontier on this year’s Buy List, which was a smart move since the stock has fallen for most of the year.
Shares of Frontier got as low as $6, but have to started to perk up recently. Fuel is a huge cost for the ailines, and crude oil briefly fell below $60 a barrel today. Frontier is up strongly this session and is back over $8 a share.

Posted by on September 20th, 2006 at 2:45 pm


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