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Show Airline Head Assails CAB From Klf) to lOiit), 'Fron-t 'Fron-t Cr Ait lines' subrdy pay-'incuts pay-'incuts dcelini'd from $9 6 nil '.1 1 1 o ii to . 0.7 million aaid lh:' .''iibs'ilV 1f.v li.TS-OiriiT 'drclini'd fruin $11.17 in li !i fi.P.7 in 19ii'l. Hurke pointed point-ed out Unit Fnmlier's losses loss-es befure income tax credits cred-its and exlrai rdinary iti in". were rcJiifed from $7 ini:'llioa jM i!H;i), During m yc:',r, Fn.nlirr io:il'!i-id io:il'!i-id an alb.timc Uljla in rev-leiuie rev-leiuie passenger miles of !MI8,C::o,0!:o for the year, n incie'i'-e of 9 percent over lDlil! results. Uurke concluded, ", , our f rst tiiarter 1070 operating '.M-'.ills showed an operating ipr..'1'.t cf $1 17,5:;0 and a net ln:-.s afler inlcrrat and olhei' iKiiii.peraling cxp'ii.ses of $!t70,r..0. . .This is the be:;t I' rst quarter result rocoidi'd by Frontier in some time and compares must favorably favorab-ly to our first lo-.s iA $2,8)0, U in 19.7J. Shareholders reelected all of Frontier Airlir.es' thirteen thir-teen ciirectors. They are: V. laul Burke, U:vis W. Dy-bik.'ikI Dy-bik.'ikI and Richard A. Fitzgerald Fitz-gerald from Denver; Hubert .1. DeLynn, Dan A. Kimball. . Fklwin C. McDonald, Thotn-is F. O'Neil, John B. Poor and Hathaway Watson from New York; Hoadloy Dear, ilrom Rapid Oily, South Da-(kola; Da-(kola; Weston E. Hamilton from Salt Lake City; Allan Shivers from Austin and Preston Walker, Grand Jet. |