Frontier Airlines 2012 Annual Report Download - page 18

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Reduced utilization levels of our aircraft under the fixed-fee agreements would adversely impact our revenues, earnings and liquidity.





The amounts we receive under our code-share agreements may be less than the corresponding costs we incur.







Frontier
We could experience significant operating losses in the future.



We are vulnerable to increases in aircraft fuel costs.









 
  

We depend heavily on the Denver market to be successful.
 
 



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