Frontier Group Holdings

Frontier Group Holdings, Inc. engages in the operation of passenger airline. It offers flights throughout the United States and selected international destinations in the Americas. The company was founded on September 2013 and is headquartered in Denver, CO.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Frontier Group Holdings reports robust Q4 performance amidst operational challenges

Frontier Group Holdings showcased strong financial performance and strategic focus on cost management and revenue diversification. While facing challenges like aircraft and Airbus delays, the company is leveraging opportunities in cost reduction and operational efficiency to drive growth and profitability.

Frontier Group Holdings beats Q1 expectations, eyes growth opportunities

Frontier Group Holdings exceeded expectations in Q1 with strong revenue and margin performance.
The company's focus on leisure travel, product innovation, and network optimization bodes well for future growth.
While facing challenges like Airbus delays and mechanic shortages, Frontier remains confident in its strategic plans.
Opportunities lie in cost efficiencies, potential partnerships, and workforce recruitment efforts for sustained growth.

Frontier Group Holdings reports strong Q2 performance amidst operational challenges

Frontier Group Holdings navigated a strong quarter with impressive capacity growth and revenue per passenger metrics. Despite operational challenges and external factors impacting margins, the company remains focused on growth and cost efficiency. Strategic capacity adjustments and network management are key to sustaining revenue and improving margins.

Frontier Group Holdings addresses challenges, eyes growth in underserved markets

Frontier Group Holdings navigated challenges in Q3, focusing on cost efficiencies and operational improvements for future growth.
Strategic initiatives to enhance reliability, reduce costs, and target underserved markets position the company for long-term success.
Despite setbacks, the company remains committed to providing low-cost, high-value services and aims for sustained profitability.

Frontier Group Holdings surpasses Q4 expectations, eyes growth strategies

Frontier Group Holdings' Q4 performance exceeded expectations, with a focus on margin improvement and operational efficiency. Strategic initiatives to address challenges and capitalize on opportunities position the company for growth in 2024 and beyond.

Frontier Group Holdings exceeds Q1 expectations, eyes operational efficiency

Frontier Group Holdings delivered a strong performance in Q1 2024, with better-than-expected margins and revenue growth.
The company faces challenges from new market dynamics and pilot negotiations but remains focused on strategic growth.
Opportunities lie in operational efficiency improvements, revenue initiatives, and market positioning for Frontier's future success.
Overall, Frontier's resilience, strategic planning, and cost-saving measures position it well for future growth and performance.

Frontier Group Holdings reports resilient Q3 performance amidst challenges

Frontier Group Holdings navigated through challenges in Q3, showcasing revenue growth, operational improvements, and strong partnerships. Despite headwinds, the company is focused on enhancing RASM, expanding capacity, and driving incremental revenue through premium products and partnerships.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Frontier Group Holdings, Inc. engages in the provision of air transportation. The company was founded on September 2013 and is headquartered in Denver, CO.

DENVER, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the fourth quarter and full year 2023 and issued guidance for the first quarter and full year 2024.

Frontier Airlines Reports Fourth Quarter 2023 Financial Results

Frontier Group (ULCC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Frontier Group Holdings (ULCC) Expected to Beat Earnings Estimates: Should You Buy?

DENVER, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., will be releasing fourth quarter 2023 financial results before market open on Tuesday, February 6, 2024.

Frontier Group Holdings Announces Webcast of Fourth Quarter 2023 Financial Results

C3.ai

Biomea Fusion Inc

Beyond Meat

Carvana

Fisker Inc

Novavax

B. Riley Financial

Trupanion

Upstart Holdings

The number of shorted shares has grown 23% since the end of 2020, but that doesn't mean traders are getting more bearish about the market.

Short Sellers Think These Stocks Will Tank in 2024. Investors Can Bet Otherwise.

Frontier Group Holdings, Inc. (NASDAQ:ULCC ) Q3 2023 Earnings Conference Call October 26, 2023 11:00 AM ET Company Participants David Erdman - Senior Director, IR Barry Biffle - CEO Jimmy Dempsey - President Mark Mitchell - CFO Conference Call Participants Savi Syth - Raymond James Duane Pfennigwerth - Evercore ISI Brandon Oglenski - Barclays Michael Linenberg - Deutsche Bank Stephen Trent - Citi Helane Becker - TD Cowen Jamie Baker - JPMorgan Securities Andrew Didora - Bank of America Conor Cunningham - Melius Research Christopher Stathoulopoulos - Susquehanna Financial Group Operator Good day and thank you for standing by. Welcome to the Frontier Group Holdings, Inc. Third Quarter 2023 Earnings Conference Call.

Frontier Group Holdings, Inc. (ULCC) Q3 2023 Earnings Call Transcript

Frontier Group Holdings (ULCC) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to earnings of $0.14 per share a year ago.

Frontier Group Holdings (ULCC) Reports Q3 Loss, Misses Revenue Estimates

DENVER, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC) today released its 2022 Environmental, Social, and Governance (ESG) Report. The in-depth review highlights Frontier's robust commitment to responsible environmental stewardship, team member diversity and well-being, community engagement and governance.

Frontier Airlines Releases 2022 Environmental, Social, and Governance Report

DENVER, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the third quarter of 2023 and issued guidance for the fourth quarter. Third Quarter 2023 Summary: Total operating revenues were $883 million, 3 percent lower than the 2022 quarter, on capacity growth of 21 percent Cost per available seat mile ("CASM") was 9.66 cents, a decline of 9 percent over the 2022 quarter Achieved adjusted CASM (excluding fuel), a non-GAAP measure, of 6.66 cents, 3 percent lower than the 2022 quarter Pre-tax margin was (5.1) percent Took delivery of eight A321neo aircraft during the third quarter, increasing the proportion of the fleet comprised of the more fuel-efficient A320neo family aircraft to 77 percent as of September 30, 2023, the highest of all major U.S. carriers Generated 103 available seat miles (“ASM”) per gallon, reaffirming Frontier's position as the most fuel-efficient of all major U.S. carriers and its ongoing commitment to being “America's Greenest Airline” as measured by ASMs per fuel gallon consumed “Elevated fuel prices, uneven demand recovery, and operational disruptions all impacted third quarter results," commented Barry Biffle, President and CEO.

Frontier Airlines Reports Third Quarter 2023 Financial Results

It's similar to other large airlines' recent program changes like those at Delta Air Lines and American Airlines.

Frontier Airlines overhauls frequent flyer program to reward travelers based on spending

Earn Free Flights, Free Bags, Priority Customer Care, No-Fee Changes and More  Fast with Up to 20 Miles Earned for Every Dollar Spent on Frontier Get Status Quicker with New Status Level and New Benefits Including Free Pet-in-Cabin and Free Ski and Golf Bags Fast-track to Gold Status for 2024 by Spending Only $3K on the Frontier Airlines  World Mastercard™ DENVER, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC) today unveiled a reimagined, industry-leading FRONTIER Miles™ loyalty program for 2024 that will enable consumers to ‘Get It All For Less.' Consumers will earn miles fast and get rewarded for each dollar spent on Frontier with the highest earn rate on total purchase in the industry, at up to 20 miles per dollar spent.

Travelers Can “Get It All For Less!” with the New, Upgraded FRONTIER Miles Frequent Flier Program in 2024

American Airlines

Alaska Air Group

Booking Hlds

Delta Air Lines

Southwest Airlines

Marriott

Spirit Airlines

United Continental Hlds

Revenge travel refers to the boom that occurred as Covid restrictions eased and people rebooked canceled travel plans and took advantage of their freedom to move around again.

Is the Revenge Travel Boom Starting to Fizzle Out?

DENVER, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced the promotion of James G. Dempsey to President, and Mark C.

Frontier Airlines Names James G. Dempsey President and Mark C.

DENVER, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., will be releasing third quarter 2023 financial results before market open on Thursday, October 26, 2023.

Frontier Group Holdings Announces Webcast of Third Quarter 2023 Financial Results

Frontier Group (ULCC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Frontier Group Holdings (ULCC) Q3 Earnings Expected to Decline

A travel boom has produced bumper earnings for major U.S. carriers this year but signs of softening demand on domestic routes have amplified worries that the bubble is about to burst, sparking a sell-off in airline stocks and prompting analysts to slash their earnings estimates.

Flagging domestic travel casts shadow over US airline earnings

Frontier Group Holdings, Inc. stock has declined nearly 35% while the S&P 500 contracted little over 4% since my last coverage. Frontier Group Holdings revised its revenue estimate downward for Q3 due to weakening bookings and weather events. Analysts have lowered their EBITDA estimates for Frontier Group Holdings, but there is still high-risk upside potential in the stock.

Frontier Group Holdings: Upside Falls Apart As Demand Crashes

Rising fuel prices are pressuring profit margins at budget airlines. There appears to be significant discounting ahead of Thanksgiving.

Why Shares in Frontier Are Sliding This Week

Travel boom has delivered bumper earnings for U.S. carriers, but no-frills airlines such as Frontier and Spirit are struggling to return to sustainable profitability.

Focus: Travel boom not enough to drive profits at US budget airlines Frontier, Spirit

Frontier Airlines CEO Barry Biffle said during a recent conference that the COVID-19 pandemic made America's workforce "lazy." He received backlash for the remarks.

Frontier Airlines CEO says workforce got ‘lazy' during pandemic

Frontier Airlines CEO Barry Biffle criticized remote work, saying the pandemic made people lazy. Domestic airlines like Frontier have been struggling as demand shifts toward international travel.

Frontier Airlines CEO says the pandemic made workers 'lazy' and less productive: 'People are still allowing people to work from home, all this silliness, right?'

Three U.S. carriers on Wednesday cut their third-quarter margin forecasts on higher fuel costs, sending shares of other airlines in the country lower over concerns related to rising expenses.

US carriers cut margin outlook on fuel costs, Frontier flags lower bookings

DENVER, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, President & CEO, will present at the Morgan Stanley 11th Annual Laguna Conference on Wednesday, September 13, 2023 at 12:15pm PT.

Frontier Airlines to Participate in the Morgan Stanley 11th Annual Laguna Conference

DENVER, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Jimmy Dempsey, EVP & CFO, will present at the TD Cowen 16th Annual Global Transportation Conference on Wednesday, September 6, 2023, at 9:10am ET.

Frontier Airlines to Participate in the TD Cowen 16th Annual Global Transportation Conference

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #a321neo--Aviation Capital Group LLC (“ACG”) announced the delivery of one new Airbus A321neo aircraft on long-term lease to Frontier Airlines. Powered by the ultra-efficient Pratt & Whitney GTF engines, this is the seventh of seven A321neo aircraft scheduled to deliver to the airline from ACG's order book with Airbus. Traditional to Frontier Airlines, this A321neo will unveil a new special livery with “Pine, THE RED-COCKADED WOODPECKER” painted on the tail. Fo.

Aviation Capital Group Announces Delivery of Seventh A321neo to Frontier Airlines in 2023

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #a321neo--Aviation Capital Group LLC (“ACG”) announced the delivery of one new Airbus A321neo aircraft on long-term lease to Frontier Airlines. Powered by the ultra-efficient Pratt & Whitney GTF engines, this is the sixth of seven A321neo aircraft scheduled to deliver to the airline from ACG's order book with Airbus. Traditional to Frontier Airlines, this A321neo will unveil a new special livery with “Cloud, THE THREE-WATTLED BELLBIRD” painted on the tail. Forw.

News for Frontier Group Holdings Stock (ULCC)