{"schema_version":"secwatch.filing_event.v1","accession":"0001670076-23-000052","form_type":"8-K","ticker":"ULCC","cik":"0001670076","company_name":"Frontier Group Holdings, Inc.","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.957750+00:00","generated_at":"2026-06-16T01:10:58.453139+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Frontier reports record Q1 revenue $848M but pre-tax loss $17M; guides Q2 adj. margin 7-10%","bullets":["Record Q1 revenue $848M (+40% YoY); ancillary revenue $80/pax (+15% YoY).","Pre-tax loss $(17)M, adjusted $(16)M; adjusted pre-tax margin (1.9)%.","Guidance: Q2 adjusted pre-tax margin 7-10%, H2 2023 10-13%.","Reshaping capacity to focus on peak demand; lower utilization but wider cost advantage.","Ended with $790M cash; 6 A321neo deliveries; Airbus delays shift 2 A321neo to 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001670076-23-000052","json":"https://secwatch.observer/filing/0001670076-23-000052.json","markdown":"https://secwatch.observer/filing/0001670076-23-000052.md","text":"https://secwatch.observer/filing/0001670076-23-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1670076/000167007623000052/0001670076-23-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1670076/000167007623000052/fron-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:10:58.453139+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"64f04010ee7f82a80fc3b5a19a9b5d3fc3186009","claim":"Frontier Group Holdings, Inc. reported first quarter of 2023 results: revenue $848 million, net income $(13) million. Guidance reaffirmed.","evidence_excerpt":"reported results for the first quarter of 2023 and issued guidance for second quarter and full year 2023. First Quarter 2023 Summary: • Achieved total operating revenues of $848 million, a record for any first quarter in company history and 40 percent higher than the 2022 quarter, resulting in a 19 percent increase in revenue per available seat mile (\"RASM\") on","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1670076/000167007623000052/0001670076-23-000052-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Revenue","value":"$848 million"},{"label":"Net income","value":"$(13) million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}