secwatch.observer — SEC 8-K summary
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Issuer:     Frontier Group Holdings, Inc. (ULCC)
CIK:        0001670076
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001670076-23-000085
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Frontier Q3 net loss $32M; revenue down 3% to $883M despite 21% capacity growth
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- Pre-tax loss of $45M vs. pre-tax income of $58M a year ago; diluted EPS loss $0.14.
- CASM 9.66 cents (-9% YoY); adjusted CASM ex-fuel 6.66 cents (-3% YoY).
- Revenue per passenger fell 15% to $115; load factor dropped 2.5pp to 80%.
- Total fuel expense $291M at $3.08/gal; unrestricted cash $640M at quarter end.
- Added eight A321neo aircraft; fleet now 134 units, 77% A320neo family.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1670076/000167007623000085/0001670076-23-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1670076/000167007623000085/fron-20231026.htm
  HTML page:      https://secwatch.observer/filing/0001670076-23-000085

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer