Frontier Group Holdings, Inc. (ULCC)
Market Cap | 1.52B |
Revenue (ttm) | 3.66B |
Net Income (ttm) | -6.00M |
Shares Out | 225.37M |
EPS (ttm) | -0.03 |
PE Ratio | n/a |
Forward PE | 18.14 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 3,693,931 |
Open | 6.33 |
Previous Close | 6.43 |
Day's Range | 6.30 - 6.85 |
52-Week Range | 2.79 - 8.33 |
Beta | 2.44 |
Analysts | Hold |
Price Target | 6.68 (-1.04%) |
Earnings Date | Feb 4, 2025 |
About ULCC
Frontier Group Holdings, Inc., provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, including its website, mobile app, and contact centers. As of December 31, 2023, it had a fleet of 136 Airbus single-aisle aircrafts. Frontier Group Holdings, Inc. was founded in 1994 and is headquartered in Denver, Colorado. [Read more]
Financial Performance
In 2023, Frontier Group Holdings's revenue was $3.59 billion, an increase of 7.91% compared to the previous year's $3.33 billion. Losses were -$11.00 million, -70.27% less than in 2022.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for ULCC stock is "Hold." The 12-month stock price forecast is $6.68, which is a decrease of -1.04% from the latest price.
News
Frontier is the latest budget airline to add 'first class' seats to target more premium flyers
Frontier Airlines plans to introduce "first-class" seats in 2025. The move marks a shift from Frontier's no-frills model amid competition from mainline carriers.
A No-Frills Airline Is Getting Into the Premium Game
Frontier Airlines has come to the same conclusion as many of its peers: Premium is where the money is.
US budget carrier Frontier Airlines to offer first-class style seats
U.S. budget carrier Frontier Airlines said Tuesday it will offer first-class style seating to woo passengers willing to spend more.
Frontier Airlines will install first-class seats as industry battles for high-paying flyers
Budget carrier Frontier Airlines plans to install two rows of first-class seats at the front of its Airbus aircraft. The airline also plans to increase perks for its top-tier frequent flyers.
Frontier Airlines Unveils the Next Evolution of The New Frontier: Affordable Luxury and Unmatched Loyalty Benefits
Introducing First-Class Seating and the Most Rewarding Loyalty Program Ever With Free Seat Upgrades, Unlimited Companion Travel, and More Limited Time: Get Platinum Elite Status for 2025 by Earning Ju...
M&A is back on the table for airline industry, says Frontier CEO Barry Biffle
Barry Biffle, Frontier Airlines CEO, joins 'Money Movers' to discuss holiday travel outlook for airlines, competition and return of M&A.
Spirit may be at the end of its runway as Frontier talks break down, bankruptcy looms
Beleaguered Spirit Airlines reportedly is discussing its options with creditors as Frontier Airlines abandons merger talks.
Frontier Group Holdings, Inc. (ULCC) Q3 2024 Earnings Call Transcript
Frontier Group Holdings, Inc. (NASDAQ:ULCC) Q3 2024 Earnings Conference Call October 29, 2024 11:30 AM ET Company Participants David Erdman – Senior Director of Investor Relations Barry Biffle – Chie...
Frontier Airlines Reports Third Quarter 2024 Financial Results
DENVER , Oct. 29, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the third quarter of 2024 and issue...
Passengers sue Frontier Airlines after flight catches fire during landing in Las Vegas
Three passengers filed a lawsuit against Frontier Airlines, alleging they suffered injuries when a flight caught on fire while landing at a Las Vegas airport.
Spirit, Frontier Merger Talks Are Back On. But This Could Spoil Any Deal.
If the deal does happen, it would come about as part of Spirit restructuring its debt via a bankruptcy, The Wall Street Journal reported.
Frontier, Spirit Airlines Revive Merger Talks
The carriers have held early-stage deal discussions, as Spirit continues negotiations with bondholders over possible bankruptcy terms.
Frontier reportedly considering renewed merger talks with Spirit Airlines
More than two years after a merger deal fell apart, Frontier Airlines is considering another run at acquiring Spirit Airlines, the Wall Street Journal reported Tuesday night.
Frontier, Spirit Airlines revive merger talks, WSJ reports
Frontier Airlines is exploring a renewed bid for Spirit Airlines , the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Frontier Group Holdings Announces Webcast of Third Quarter 2024 Financial Results
DENVER , Oct. 16, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., will be releasing third quarter 2024 financial results before market ope...
Frontier pilots vote to authorize strike
Frontier Airlines pilots have voted to authorize a strike, the Air Line Pilots Association said on Tuesday.
Flights are getting more expensive again as airlines scale back their growth plans
Airlines are raising their unit revenue forecasts for the third quarter. Flights are getting more expensive again, according to the latest inflation report.
Frontier Airlines to Participate in the Morgan Stanley 12th Annual Laguna Conference
DENVER , Sept. 5, 2024 /PRNewswire/ -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, CEO, will present at the Morgan Stanley...
Where are low-cost airlines cutting back now? New planes
JetBlue, Spirit and Frontier have said they will defer deliveries of dozens of new Airbus planes. Those deferrals come as many airlines are still short on deliveries of fuel-efficient jets and deman...
Exciting New Benefit Introduced for FRONTIER Airlines World Mastercard® Cardmembers: Free Checked Bags!
Marks Latest Enhancement to the Airline Credit Card Named Money.com's 'Best for Budget Travel' in 2024 DENVER , Aug. 15, 2024 /PRNewswire/ -- Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC), ...
Frontier Group Holdings, Inc. (ULCC) Q2 2024 Earnings Call Transcript
Frontier Group Holdings, Inc. (NASDAQ:ULCC) Q2 2024 Earnings Conference Call August 8, 2024 12:00 PM ET Company Participants David Erdman - Senior Director, Investor Relations Barry Biffle - Chief Ex...
Frontier beats quarterly profit estimates, defers jet deliveries
Frontier Group , the parent of budget carrier Frontier Airlines, beat Wall Street estimates for second-quarter profit on Thursday, and said it will defer taking deliveries of 54 Airbus jets.
Frontier Airlines Reports Second Quarter 2024 Financial Results
DENVER , Aug. 8, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the second quarter of 2024 and issue...
Frontier Group Holdings Reschedules Webcast of Second Quarter 2024 Financial Results
DENVER , Aug. 2, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., announces a change to the timing of its second quarter 2024 live earnings...
Frontier Group Holdings Announces Webcast of Second Quarter 2024 Financial Results
DENVER , July 31, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., will be releasing second quarter 2024 financial results before market op...