---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-029032"
form_type: "8-K"
ticker: "ULCC"
cik: "0001670076"
company_name: "Frontier Group Holdings, Inc."
filed_at: "2022-02-07T23:59:59+00:00"
generated_at: "2026-06-27T10:41:59.849474+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Frontier reports Q4 net loss of $53M; appoints new CAO; announces Spirit merger

## Summary
- Q4 2021 revenue $609M; net loss $53M ($0.25 GAAP EPS); adjusted net loss $52M ($0.24 adjusted EPS).
- Ancillary revenue per passenger $63, up 8% vs Q4 2019; capacity (ASMs) up 4% vs Q4 2019.
- Frontier ended Q4 with $918M cash; repaid $150M Treasury loan in Feb 2022; ordered 91 A321neo aircraft.
- Company announced merger with Spirit Airlines today; withdrew Q1/2022 guidance pending deal.
- Josh Wetzel appointed Principal Accounting Officer and Vice President, CAO effective Feb 5, 2022.

## SEC filing metadata
- accession: 0001193125-22-029032
- form_type: 8-K
- ticker: ULCC
- cik: 0001670076
- company_name: Frontier Group Holdings, Inc.
- filed_at: 2022-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1670076/000119312522029032/0001193125-22-029032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1670076/000119312522029032/d626814d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-029032
- JSON: https://secwatch.observer/filing/0001193125-22-029032.json
- Plain text: https://secwatch.observer/filing/0001193125-22-029032.txt

## Key facts
- Executive change
  Mark C. Mitchell changed role as Vice President, Finance and Investor Relations at Frontier Group Holdings, Inc..
  - Action: continued to serve in new role
  - Role: Vice President, Finance and Investor Relations
  source text: Mark C. Mitchell, the Company’s current principal accounting officer and Chief Accounting Officer, will continue to serve the Company in his new role as Vice President, Finance and Investor Relations.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1670076/000119312522029032/0001193125-22-029032-index.htm
- Executive change
  Josh A. Wetzel was appointed as Vice President, Chief Accounting Officer at Frontier Group Holdings, Inc..
  - Action: appointed
  - Role: Vice President, Chief Accounting Officer
  source text: On February 5, 2022, the Company’s Board of Directors appointed Josh A. Wetzel as the Company’s principal accounting officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1670076/000119312522029032/0001193125-22-029032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.