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

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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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.

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

Marks Latest Enhancement to the Airline Credit Card Named Money.com's  'Best for Budget Travel' in 2024 DENVER , Aug. 15, 2024 /PRNewswire/ -- Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC), in partnership with Barclays US Consumer Bank, is launching an exciting new benefit for FRONTIER Airlines World Mastercard® cardmembers. Starting today, primary cardmembers will receive two free checked bags on all Frontier Airlines operated flights*.

Exciting New Benefit Introduced for FRONTIER Airlines World Mastercard® Cardmembers: Free Checked Bags!

Frontier Group Holdings, Inc. (NASDAQ:ULCC ) Q2 2024 Earnings Conference Call August 8, 2024 12:00 PM ET Company Participants David Erdman - Senior Director, Investor Relations Barry Biffle - Chief Executive Officer Jimmy Dempsey - President Bobby Schroeter - Chief Commercial Officer Mark Mitchell - Chief Financial Officer Conference Call Participants John Dorsett - Barclays Michael Linenberg - Deutsche Bank Scott Group - Wolfe Research Savi Syth - Raymond James Duane Pfennigwerth - Evercore ISI Stephen Trent - Citi Conor Cunningham - Melius Research Tom Fitzgerald - TD Cowen Andrew Didora - Bank of America Operator Good day. Thank you for standing by.

Frontier Group Holdings, Inc. (ULCC) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Frontier Group (ULCC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Frontier Group (ULCC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Frontier Group Holdings (ULCC) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.31 per share a year ago.

Frontier Group Holdings (ULCC) Q2 Earnings Surpass Estimates

Frontier Group , the parent of budget carrier Frontier Airlines, beat Wall Street estimates for second-quarter profit on Thursday, and said it will defer taking deliveries of 54 Airbus jets.

Frontier beats quarterly profit estimates, defers jet deliveries

DENVER , Aug. 8, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the second quarter of 2024 and issued guidance for the third quarter and full-year 2024. Highlights: Total operating revenues were $973 million, 1 percent higher than the comparable 2023 quarter Achieved annual run rate cost savings of more than $100 million from the cost savings program launched in the third quarter of 2023 Cost per available seat mile ("CASM") was 8.98 cents, a reduction of 6 percent over the comparable 2023 quarter Adjusted CASM (excluding fuel), a non-GAAP measure, was 6.24 cents, on a 13 percent shorter average stage length; adjusted CASM (excluding fuel) on a stage-length adjusted basis to 1,000 miles, a non-GAAP measure, was 16 percent lower than the comparable 2023 quarter Pre-tax income and adjusted (non-GAAP) pre-tax income were each $32 million; pre-tax margin and adjusted (non-GAAP) pre-tax margin were each 3.3 percent Took delivery of six A321neo aircraft during the second quarter, increasing the proportion of the fleet comprised of the more fuel-efficient A320neo family aircraft to 80 percent as of June 30, 2024, the highest of all major U.S. carriers The Company's aircraft delivery schedule with Airbus was updated to defer 54 aircraft deliveries, with original delivery dates in 2025-2028 (based on the March 31, 2024 delivery schedule), out to 2029-2031 (refer to "Fleet" section for more detail) Frontier's fleet age is, on average, approximately 4 years, making it the youngest among all U.S.-based carriers Generated 104 available seat miles ("ASMs") per gallon, reaffirming Frontier's position as "America's Greenest Airline" as measured by fuel efficiency (ASMs per fuel gallon consumed during the second quarter; compared to all other major U.S. carriers) Opened bases in Cincinnati, Chicago and San Juan, bringing the total to 13, and reached targeted levels of scheduled out-and-back flying in June 2024, driving an improvement to on-time performance versus prior year Introduced 'The New Frontier,' a significant transformation in the Company's product and customer service offerings reflecting a commitment to deliver an exceptional value and superior travel experience to customers "Despite industry oversupply across the United States, we effectively navigated the quarter due in part to our network and revenue diversification, combined with our industry-leading and improving cost advantage," commented Barry Biffle, Chief Executive Officer.

Frontier Airlines Reports Second Quarter 2024 Financial Results

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Get a deeper insight into the potential performance of Frontier Group (ULCC) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

What Analyst Projections for Key Metrics Reveal About Frontier Group (ULCC) Q2 Earnings

DENVER , Aug. 2, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., announces a change to the timing of its second quarter 2024 live earnings webcast. The webcast will now be held one hour later at 12:00pm ET on Thursday, August 8, 2024 (date unchanged).

Frontier Group Holdings Reschedules Webcast of Second Quarter 2024 Financial Results

DENVER , July 31, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., will be releasing second quarter 2024 financial results before market open on Thursday, August 8, 2024. Management will host a live webcast with analysts to discuss these results the same day at 11:00am ET.

Frontier Group Holdings Announces Webcast of Second Quarter 2024 Financial Results

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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) Q2 Earnings Expected to Decline

Airline Investing More than $1 Billion Per Year in America's Most Fuel-Efficient Fleet DENVER , July 29, 2024 /PRNewswire/ -- Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC) today released its 2023 Environmental, Social, and Governance (ESG) Report. The comprehensive review highlights the latest actions of America's Greenest Airline to enhance environmental stewardship, governance and risk management, customer and team member well-being, employee diversity and work culture, and community engagement.

Frontier Airlines Releases 2023 Environmental, Social, and Governance Report

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Microsoft outage causes Frontier airlines to briefly ground all flights

Frontier Group Holdings stock has tumbled 38% since being upgraded to buy in May. Frontier expects capacity expansion of 12-14% and pre-tax margins of 3-6% for Q2 2024. Analysts expect 6.6% revenue growth and $0.14 EPS for Frontier Airlines in Q2, with concerns about overcapacity in the market.

Frontier Stock Tumbled 38% Since May - What Is Wrong?

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Raymond James analyst Savanthi Syth downgraded shares of Frontier and Spirit to Underperform from Market Perform.

Frontier and Spirt Airlines Get Downgrades. How the Rest of the Year Goes Is ‘As Clear as Mud.

Commodity trader Trafigura on Wednesday said that its joint venture partner Frontier Group of Companies completed acquisition of the Mountain Creek power plant for an undisclosed sum.

Frontier Group completes acquisition of Mountain Creek plant, Trafigura says

DENVER , June 25, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., today announced the appointment of Nancy L. Lipson to the company's Board of Directors.

Frontier Group Holdings, Inc. Announces New Board Member

A union representing about 4,100 flight attendants at Frontier Airlines filed for federal mediation on Wednesday over the carrier's operations overhaul.

Flight attendants' union seeks federal mediation over Frontier's operations overhaul

Frontier Airlines said a growing number of passengers are requesting the use of wheelchairs in order to get priority board but who otherwise don't need them.

Frontier Airlines says its facing 'widespread abuse' of wheelchair service

Frontier Airlines CEO says there is "massive, rampant abuse" of special services like wheelchairs. Travelers in the U.S. can request wheelchair access, which is provided free of charge.

Frontier Airlines CEO urges crackdown of 'rampant abuse' of airport wheelchair service

DENVER , May 21, 2024 /PRNewswire/ -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, CEO, will participate in a brief ULCC panel moderated by Scott Group at the 17th Annual Wolfe Research Transportation and Industrials Conference on Thursday, May 23, 2024 at 8:30am ET. The event will be webcast and may be accessed through a link posted to the Company's investor relations website at https://ir.flyfrontier.com/news-and-events/events.

News for Frontier Group Holdings Stock (ULCC)