Frontier Q2 2024 pre-tax income falls 64% YoY to $32M; revenue up 1% to $973M

Frontier Group Holdings, Inc.

2024-Q2 EPS reported $0.02 revenue$1,838,000,000

Pre-tax income $32M (GAAP & adjusted), down from $88M in Q2 2023; diluted EPS $0.14 vs $0.31.
Total operating revenues $973M, up 1% YoY; RASM 9.21 cents, down 11% on 13% capacity growth.
CASM 8.98 cents, down 6% YoY; adjusted CASM ex-fuel 6.24 cents, 10% lower; cost savings program achieved $100M annual run rate.
Fleet updated: took delivery of 6 A321neo; deferred 54 aircraft deliveries from 2025-2028 to 2029-2031 via binding term sheet.
Company expects RASM to turn positive in Q4 2024 as industry seat growth decelerates and new product initiatives mature.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.