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How Does Frontier’s Balance Sheet Look after 1Q18 Results?

How Does Frontier’s Balance Sheet Look after 1Q18 Results?

Frontier’s (FTR) operating cash flows were $251 million in 1Q18, while its capital expenditure was $297 million. More than 70% of the capital expenditure went towards revenue-generating and productivity-enhancing programs. Operating free cash flow was -$46 million in 1Q18.