Frontier Group Holdings, Inc. — fact timeline

Frontier Group Holdings, Inc. reported first quarter of 2026 results: revenue $ 992, net income $ (272), EPS $ (1.18). Guidance initiated.

“percentages and per share data) Three Months Ended March 31, 2026 2025 As Reported (GAAP) Adjusted (Non-GAAP) As Reported (GAAP) Adjusted (Non-GAAP) Total operating revenues $ 992 $ 1,065 $ 912 $ 912 Revenue per available seat mile ("RASM") (¢) 10.11 10.86 9.17 9.17 RASM, stage-length adjusted to 1,000 miles (¢) 9.59 10.29 8.81 8.81 Total operating expenses”

Frontier Group Holdings, Inc. amended Amendment No. 20 to the A320 Family Aircraft Purchase Agreement with Airbus S.A.S. (effective 2026-03-11).

“On March 11, 2026, Frontier Airlines, Inc. (“Frontier”), a wholly owned subsidiary of Frontier Group Holdings, Inc. (the “Company”), entered into Amendment No. 20 (the “Amendment”) to the A320 Family Aircraft Purchase Agreement, dated September 30, 2011, with Airbus S.A.S. (“Airbus”).”

Frontier Group Holdings, Inc. announced a restructuring with charges of $75 million to $95 million affecting A320neo aircraft fleet.

“the Early Return Agreement is expected to result in charges in the range of $75 million to $95 million in connection with early lease termination and return of aircraft and engines to AerCap to be recognized in the first and second quarters of 2026”

Frontier Group Holdings, Inc. announced a restructuring with charges of $125 million and $175 million affecting A320neo aircraft fleet.

“The Company currently expects to recognize these non-cash charges in the first and second quarters of 2026 and anticipates the charges to range between $125 million and $175 million.”

Josh Wetzel resigned as Chief Accounting Officer at Frontier Group Holdings, Inc..

“On March 7, 2025, Josh Wetzel notified Frontier Group Holdings, Inc. (the “Company”), the parent company of Frontier Airlines, Inc., of his resignation as Chief Accounting Officer of the Company, effective May 30, 2025.”

Michael R. MacDonald departed as Director at Frontier Group Holdings, Inc..

“On February 6, 2025, Michael R. MacDonald, a member of the board of directors (the “Board”) of Frontier Group Holdings, Inc. (the “Company”) since 2016, notified the Board that he will retire from the Board effective on the date of the Company’s 2025 annual meeting of stockholders.”

Rajat Khanna resigned as Senior Vice President and Chief Information Officer at Frontier Group Holdings, Inc..

“On October 28, 2024, Rajat Khanna notified Frontier Group Holdings, Inc. ("the Company"), the parent company of Frontier Airlines, Inc., of his resignation as Senior Vice President and Chief Information Officer of the Company, effective November 3, 2024, in order to pursue another opportunity.”

Nancy Lipson was appointed as Class I director at Frontier Group Holdings, Inc..

“On June 20, 2024, the Board of Directors (the “Board”) of Frontier Group Holdings, Inc. (the “Company”) appointed Nancy Lipson to serve as a Class I director, effective as of July 1, 2024”

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

“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.”

Frontier Group Holdings, Inc. reported full year 2023 results: revenue $ 3,589, net income $ (11), EPS $ (0.05). Guidance initiated.

“Year Ended December 31, 2023 2022 As Reported (GAAP) Adjusted (Non-GAAP) As Reported (GAAP) Adjusted (Non-GAAP) Total operating revenues $ 3,589 $ 3,589 $ 3,326 $ 3,326 Total operating expenses $ 3,592 $ 3,590 $ 3,371 $ 3,352 Pre-tax income (loss) $ 32 $ 34 $ (45) $ (19) Pre-tax income (loss) margin 0.9% 0.9% (1.4)% (0.6)% Net income (loss) $ (11) $ 28 $ (37) $ (17) Diluted earnings (loss) per share $ (0.05) $ 0.12 $ (0.17) $ (0.08)”

Frontier Group Holdings, Inc. reported fourth quarter 2023 results: revenue $891 million, net income $ (37), EPS $ (0.17). Guidance initiated.

“and full year 2024. Fourth Quarter 2023 Key Highlights: • Pre-tax margin was 0.7 percent and adjusted (non-GAAP) pre-tax margin was 0.8 percent • Total operating revenues were $891 million, 2 percent lower than the comparable 2022 quarter • Cost per available seat mile ( “ CASM ” ) was 8.93 cents, 10 percent lower than the comparable 2022 quarter, and adjusted”