Frontier Group Holdings, Inc. (ULCC)
Market Cap | 1.23B |
Revenue (ttm) | 3.66B |
Net Income (ttm) | -6.00M |
Shares Out | 225.37M |
EPS (ttm) | -0.03 |
PE Ratio | n/a |
Forward PE | 16.57 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 3,321,190 |
Open | 5.27 |
Previous Close | 5.39 |
Day's Range | 5.13 - 5.49 |
52-Week Range | 2.79 - 8.33 |
Beta | 2.51 |
Analysts | Hold |
Price Target | 6.35 (+16.09%) |
Earnings Date | Oct 29, 2024 |
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 $6.35, which is an increase of 16.09% from the latest price.
News
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...
US airlines jump on the premium-seat bandwagon
Demand for high-end travel is booming, and U.S. carriers are in a rush to seize on it.
Frontier Airlines Releases 2023 Environmental, Social, and Governance Report
Airline Investing More than $1 Billion Per Year in America's Most Fuel-Efficient Fleet DENVER , July 29, 2024 /PRNewswire/ -- Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC) today released its...
Citi Research's Stephen Trent on global outage impact on airlines
Stephen Trent, Citi Research airline analyst, joins 'Power Lunch' to discuss the impact of CrowdStrike's IT outage on the airline industry and more.
Microsoft outage causes Frontier airlines to briefly ground all flights
Microsoft said on Thursday that it was investigating issues with multiple Azure services in the Central U.S. region, including failures with service management operations and connectivity or availabil...
Frontier Stock Tumbled 38% Since May - What Is Wrong?
Frontier Group Holdings stock has tumbled 38% since being upgraded to buy in May. Frontier expects capacity expansion of 12-14% and pre-tax margins of 3-6% for Q2 2024. Analysts expect 6.6% revenue gr...
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