Frontier Q1 net loss $26M, revenue $865M up 2% YoY; pre-tax loss $24M

Frontier Group Holdings, Inc.

2024-Q1 EPS reported -$0.12 revenue$865,000,000

Pre-tax loss $24M (margin -2.8%); net loss $26M incl. $5M deferred tax allowance; adjusted net loss $21M.
CASM 9.49 cents (-5% YoY); adjusted CASM ex-fuel 6.71 cents (+1%, but -3% stage-adjusted to 1,000 miles).
Revenue $865M (+2%) on 8% capacity growth; RASM 9.16 cents (-5%); load factor 73% vs 83% YoY.
Launched BizFare, UpFront Plus, reimagined Frontier Miles; World Mastercard rated best budget airline card by Money.com.
Fleet 142 aircraft, 80% A320neo family; six A321neo deliveries in Q1; 204 future commitments (67% A321neo).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Frontier Group Holdings, Inc. reported financial results for first quarter of 2024.

Period: first quarter of 2024
Result: reported results

Exact text from the filing

On May 2, 2024 , Frontier Group Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the three months ended March 31, 2024. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

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Frontier Group Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001670076-24-000077

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