Frontier Airlines, Inc 8K 7-7 Press Release
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 7, 2003
Frontier Airlines, Inc.
(Exact name of registrant as specified in its charter)
Colorado 0-24126 84-1256945
(State of (Commission (I.R.S.
Incorporation) File Number) Employer
Identification
No.)
7001 Tower Road, Denver, Colorado 80249
(Address of principal executive offices) (Zip
Code)
(720) 374-4200
(Registrant's telephone
number)
Item 9. Regulation FD Disclosure.
The following information is being furnished pursuant to Item 12, Results of Operations
and Financial Condition.
On July 7, 2003, we issued a press release announcing preliminary June 2003 traffic,
and providing preliminary guidance regarding results of our first fiscal quarter 2004.
The press release is furnished herewith as Exhibit 99.1.
The press release includes a discussion of an estimated range of earnings per diluted
share excluding government aid monies and other unusual and non-recurring items,
which are non-GAAP financial measures. Our management believes the presentation
of financial information excluding the effect of government aid monies and unusual and
non-recurring items is useful to investors because it facilitates comparison of results
of operations between current and past periods and enables investors to better forecast
future trends in our operations. Furthermore, in preparing operating plans and forecasts,
our management relies, in part, on trends in our historical results of operations exclusive
of these items. However, our presentation of non-GAAP results should not be viewed as a
substitute for our financial results determined in accordance with GAAP. Investors should note
that the estimates presented below are preliminary and subject to change.
*Reconciliation of Estimated Per Diluted Share Results for First Fiscal Quarter 2004
Per Share Net Income GAAP (estimated range) $0.28 - $0.33
Appropriations Act Compensation Per Share ($0.31) - ($0.31)
Other Unusual and Non-Recurring Items Per Share $0.03 - $0.03
Non-GAAP Net Income Per Share (excluding unusual and
non-recurring items) $0.00 $0.05
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Item 7. Financial Statements and Exhibits.
99.1 Press Release dated July 7, 2003.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
FRONTIER AIRLINES, INC.
Date: July 18, 2003 By: /s/ Jeff S. Potter
Its: President and CEO