secwatch.observer — SEC 8-K summary
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Issuer:     Frontier Group Holdings, Inc. (ULCC)
CIK:        0001670076
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001670076-24-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Frontier Q4 revenue $891M, pre-tax margin 0.7%; net loss $37M on tax allowance
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- Total operating revenue $891M, down 2% YoY; capacity up 15%.
- Pre-tax income $6M (0.7% margin); adjusted pre-tax income $7M (0.8% margin).
- Net loss $37M includes $37M non-cash deferred tax valuation allowance; adjusted net income $1M.
- CASM 8.93 cents (-10% YoY); adjusted CASM ex-fuel 5.90 cents (-8% YoY).
- Ended Q4 with $609M cash; 136 aircraft fleet; 79% A320neo family.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1670076/000167007624000004/0001670076-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1670076/000167007624000004/fron-20240206.htm
  HTML page:      https://secwatch.observer/filing/0001670076-24-000004

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