Highest-materiality recent filing
Frontier Q1 GAAP net loss $272M; adjusted loss $0.30/sh beats guidance; record adj. revenue
Adjusted revenue nearly $1.1B, a record, up 17% YoY on 1% lower capacity.
Frontier maintains Q1 2026 adjusted EPS loss of $0.32-$0.44; revenue beat offsets fuel spike, storm
Adjusted diluted EPS loss of $0.32-$0.44 reaffirmed; revenue significantly above expectations offset by ~$0.50/gal fuel spike and Winter Storm Iona disruptions.
Frontier defers 69 Airbus deliveries to 2031-33; terminates leases on 24 A320neos from AerCap
Delivery of 69 A320neo family aircraft delayed from 2027-2030 to 2031-2033.
Q4 revenue $997M (flat YoY), net income $53M ($0.23 EPS); full-year net loss $137M ($0.60 loss per share).
Frontier names James Dempsey permanent CEO, guides Q4 EPS to high end of $0.04-0.20
James G. Dempsey appointed President & CEO effective Jan 7, 2026; also elected to the Board.
Frontier CEO Barry Biffle departs; President James Dempsey named interim CEO
Barry L. Biffle steps down as CEO effective Dec 15, 2025; remains as director and advisor through Dec 31, 2025.
Frontier reports Q3 net loss of $77M on revenue $886M; issues Q4 guidance
Net loss $77M ($0.34 EPS), vs. prior-year net income $26M ($0.11 EPS).
Frontier posts Q2 net loss $70M, EPS -$0.31; revenue $929M down 5% YoY
Net loss $70M ($0.31/sh) vs. $31M profit in Q2 2024; revenue fell 5% to $929M on 2% lower capacity.
Frontier Q1 net loss $43M on $912M revenue, softer March demand, targets H2 profitability
Total operating revenues $912M, record Q1, up 5% YoY; net loss $43M ($0.19 EPS) vs $26M loss in Q1 2024.
Frontier pre-announces Q1 adjusted loss per share $0.20-$0.24; demand weakness in March
Q1 revenue growth ~5% on ~5% capacity growth, but weakened March demand led to fare discounting.
Frontier revises Spirit merger proposal: $400M debt + 19% equity, no rights offering
Frontier offers $400M second-lien takeback debt and 19% equity (~52.9M shares) to Spirit stakeholders.
Frontier Q4 2024: record revenue $1.0B, pre-tax margin 5.1%, EPS $0.23
Q4 revenue $1.0B (record, +12% YoY) on 2% lower capacity; RASM 10.23¢ (+15% YoY).
Frontier proposes $400M debt + 19% equity to combine with Spirit in Chapter 11
Frontier proposes $400M debt + 19% equity (implied value ~$2.16B) for Spirit stakeholders in Chapter 11.
Frontier raises Q4 2024 adjusted pre-tax margin guidance to ~4%
Adjusted pre-tax margin now ~4%, up 300 bps from prior range of breakeven to 2%.
Total operating revenue $935M, +6% YoY on 4% capacity growth; RASM 9.28 cents, +2%.
Frontier secures $205M revolving facility and expands PDP financing to ~$475M
Revolving loan of $205M secured by loyalty and brand assets, expandable to $500M; no initial draw.
Frontier raises Q3 2024 adjusted pre-tax margin guidance to 0% to (2)%, improving 3.5pp
Adjusted pre-tax margin now 0% to (2)% vs prior (3)% to (6)%; midpoint improves 3.5 percentage points.
Frontier Q2 2024 pre-tax income falls 64% YoY to $32M; revenue up 1% to $973M
Pre-tax income $32M (GAAP & adjusted), down from $88M in Q2 2023; diluted EPS $0.14 vs $0.31.
Frontier enters lease amendments freeing $104M in deposits, ends monthly maintenance reserves
Amendments cover nine aircraft; lessor to return ~$104M in previously paid maintenance deposits.
Frontier Q1 net loss $26M, revenue $865M up 2% YoY; pre-tax loss $24M
Pre-tax loss $24M (margin -2.8%); net loss $26M incl. $5M deferred tax allowance; adjusted net loss $21M.
Indigo to distribute 178.8M shares of Frontier to members; Franke to receive ~99.4M shares
Indigo, holding ~80% of Frontier's shares, will distribute all 178.8M shares pro rata in-kind on/about April 1, 2024.
Frontier Q4 revenue $891M, pre-tax margin 0.7%; net loss $37M on tax allowance
Total operating revenue $891M, down 2% YoY; capacity up 15%.
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.
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.
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.
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
Max materiality 0.85 · Median 0.65 · Most common event earnings