Frontier Group Holdings, Inc., a low-fare airline company, provides air transportation for passengers. The company operates an airline that serves approximately 110 airports throughout the United States and international destinations in the Americas. As of December 31, 2020, it had a fleet of 104 Airbus single-aisle aircraft comprising 4 A319ceos, 19 A320ceos, 60 A320neos, and 21 A321ceos. The company offers its services through direct distribution channels, including its website, mobile app, and call center. Frontier Group Holdings, Inc. was incorporated in 2013 and is headquartered in Denver, Colorado.
IPO Year: 2021
Exchange: NASDAQ
Website: flyfrontier.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/22/2024 | $4.70 → $7.15 | Neutral | Citigroup |
9/30/2024 | Underperform → Mkt Perform | Raymond James | |
9/16/2024 | $3.00 → $4.00 | Hold | TD Cowen |
7/30/2024 | Neutral → Underweight | JP Morgan | |
7/17/2024 | $6.50 → $4.00 | Hold | TD Cowen |
7/5/2024 | Mkt Perform → Underperform | Raymond James | |
5/3/2024 | $8.00 → $6.50 | Hold | TD Cowen |
3/20/2024 | $8.00 | Neutral | UBS |
2/7/2024 | $5.00 → $12.00 | Market Perform | TD Cowen |
1/9/2024 | $8.00 → $6.00 | Buy → Neutral | BofA Securities |
4 - Frontier Group Holdings, Inc. (0001670076) (Issuer)
4 - Frontier Group Holdings, Inc. (0001670076) (Issuer)
4 - Frontier Group Holdings, Inc. (0001670076) (Issuer)
4 - Frontier Group Holdings, Inc. (0001670076) (Issuer)
4 - Frontier Group Holdings, Inc. (0001670076) (Issuer)
4 - Frontier Group Holdings, Inc. (0001670076) (Issuer)
4 - Frontier Group Holdings, Inc. (0001670076) (Issuer)
4 - Frontier Group Holdings, Inc. (0001670076) (Issuer)
4 - Frontier Group Holdings, Inc. (0001670076) (Issuer)
4 - Frontier Group Holdings, Inc. (0001670076) (Issuer)
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 issued guidance for the fourth quarter and full year 2024. Highlights: Total operating revenues were $935 million, 6 percent higher than the comparable 2023 quarter, on a 4 percent increase in capacityRevenue per available seat mile ("RASM") was 9.28 cents, 2 percent higher than the comparable 2023 quarterRASM on a stage-length adjusted basis to 1,000 miles, a non-GAAP measure1, was 8.59
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 open on Tuesday, October 29, 2024. Management will host a live webcast with analysts to discuss these results the same day at 11:30am ET. The webcast will be available to the public on a listen-only basis at http://ir.flyfrontier.com. An archive of the call will be available on the company's website for 30 days. About Frontier Airlines Frontier Airlines, Inc., a subsidiary of Frontier
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 12th Annual Laguna Conference on Wednesday, September 11, 2024 at 1:25pm PDT. The event will be webcast and may be accessed through a link posted to the Company's investor relations website at https://ir.flyfrontier.com/news-and-events/events. The webcast will be archived for 90 days and will be accessible through the same website address. About Frontier Airlines Frontier Airlines,
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), in partnership with Barclays US Consumer Bank, is launching an exciting new benefit for FRONTIER Airlines World Mastercard® cardmembers. Starting today, primary cardmembers will receive two free checked bags on all Frontier Airlines operated flights*. Introducing an Exciting New Benefit for FRONTIER Airlines World Mastercard® Cardmembers: Free Checked Bags!"Our cardmembers spoke, and
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 issued guidance for the third quarter and full-year 2024. Highlights: Total operating revenues were $973 million, 1 percent higher than the comparable 2023 quarterAchieved annual run rate cost savings of more than $100 million from the cost savings program launched in the third quarter of 2023Cost per available seat mile ("CASM") was 8.98 cents, a reduction of 6 percent over the comparab
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 webcast. The webcast will now be held one hour later at 12:00pm ET on Thursday, August 8, 2024 (date unchanged). The Company previously announced a live webcast at 11:00am ET on August 8, 2024 in a press release dated July 31, 2024. The webcast will be available to the public on a listen-only basis at http://ir.flyfrontier.com. There is no change to the timing of the release of fin
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 open on Thursday, August 8, 2024. Management will host a live webcast with analysts to discuss these results the same day at 11:00am ET. The webcast will be available to the public on a listen-only basis at http://ir.flyfrontier.com. An archive of the call will be available on the company's website for 30 days. About Frontier Airlines Frontier Airlines, Inc., a subsidiary of Frontier
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 2023 Environmental, Social, and Governance (ESG) Report. The comprehensive review highlights the latest actions of America's Greenest Airline to enhance environmental stewardship, governance and risk management, customer and team member well-being, employee diversity and work culture, and community engagement. The report can be viewed at https://ir.flyfrontier.com/news-and-events/e
DENVER, June 25, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. ((ULCC), parent company of Frontier Airlines, Inc., today announced the appointment of Nancy L. Lipson to the company's Board of Directors. "We are very pleased to have Ms. Lipson join the Frontier Board of Directors," said William A. Franke, chairman of Frontier Group Holdings, Inc. "Her extensive experience in the corporate legal arena, along with a variety of other key disciplines of great importance to our organization, will be of tremendous benefit. Her contributions and experience gained through Board po
DENVER, May 21, 2024 /PRNewswire/ -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ:ULCC), today announced that Barry Biffle, CEO, will participate in a brief ULCC panel moderated by Scott Group at the 17th Annual Wolfe Research Transportation and Industrials Conference on Thursday, May 23, 2024 at 8:30am ET. The event will be webcast and may be accessed through a link posted to the Company's investor relations website at https://ir.flyfrontier.com/news-and-events/events. About Frontier Airlines Frontier Airlines, Inc., a subsidiary of Frontier
8-K - Frontier Group Holdings, Inc. (0001670076) (Filer)
10-Q - Frontier Group Holdings, Inc. (0001670076) (Filer)
8-K - Frontier Group Holdings, Inc. (0001670076) (Filer)
8-K - Frontier Group Holdings, Inc. (0001670076) (Filer)
8-K - Frontier Group Holdings, Inc. (0001670076) (Filer)
10-Q - Frontier Group Holdings, Inc. (0001670076) (Filer)
8-K - Frontier Group Holdings, Inc. (0001670076) (Filer)
8-K - Frontier Group Holdings, Inc. (0001670076) (Filer)
8-K - Frontier Group Holdings, Inc. (0001670076) (Filer)
8-K - Frontier Group Holdings, Inc. (0001670076) (Filer)
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SC 13G/A - Frontier Group Holdings, Inc. (0001670076) (Subject)
Citigroup reiterated coverage of Frontier Group Holdings with a rating of Neutral and set a new price target of $7.15 from $4.70 previously
Raymond James upgraded Frontier Group Holdings from Underperform to Mkt Perform
TD Cowen reiterated coverage of Frontier Group Holdings with a rating of Hold and set a new price target of $4.00 from $3.00 previously
JP Morgan downgraded Frontier Group Holdings from Neutral to Underweight
TD Cowen reiterated coverage of Frontier Group Holdings with a rating of Hold and set a new price target of $4.00 from $6.50 previously
Raymond James downgraded Frontier Group Holdings from Mkt Perform to Underperform
TD Cowen reiterated coverage of Frontier Group Holdings with a rating of Hold and set a new price target of $6.50 from $8.00 previously
UBS initiated coverage of Frontier Group Holdings with a rating of Neutral and set a new price target of $8.00
TD Cowen reiterated coverage of Frontier Group Holdings with a rating of Market Perform and set a new price target of $12.00 from $5.00 previously
BofA Securities downgraded Frontier Group Holdings from Buy to Neutral and set a new price target of $6.00 from $8.00 previously
A major outage of Microsoft Corp (NASDAQ:MSFT) Windows PC and Azure cloud services and CrowdStrike Holdings (NASDAQ:CRWD) cybersecurity services is impacting states, countries and services in the U.S. and around the world. Here is a look at the states, countries and sectors impacted by what users sometimes call the “blue screen of death.” Services Impacted: One of the major services impacted by the outages are airlines. Notable ones including American Airlines (NASDAQ:AAL), Delta Air Lines (NYSE:DAL) and United Airlines (NASDAQ:UAL) issued ground stops due to communications issues. Frontier Group Holdings Inc (NASDAQ:ULCC) also said it was impacted by the "Microsoft outage." "Dur
- Reuters
American Airlines Group Inc. (NASDAQ:AAL) shares are trading nearly flat today. The company reportedly implemented a ground stop for all flights early today because of a communication problem. However, American Airlines stated earlier that the outage did not affect its operations, reported Reuters. Related: Microsoft Outage Wreaks Havoc On World As 911, International Airlines, Banks And Airport Services Disrupted (UPDATED) The outage began at approximately 6 p.m. ET on Thursday, affecting a subset of its customers with issues in multiple Azure services in the Central U.S. region. Azure is a cloud computing platform that offers services for building, deploying, and managing applicati
Shares of Crowdstrike Holdings Inc. (NASDAQ:CRWD) and Microsoft Corp. (NASDAQ:MSFT) experienced significant dips during Friday pre-market after a worldwide Windows crash instigated by a Crowdstrike update. What Happened: According to Benzinga Pro, on Friday, Crowdstrike’s stock plummeted nearly 13%, trading at $298.80 pre-market, a significant drop from Thursday’s close of $343.05. Microsoft also experienced a pre-market dip of 1.97%, trading at $431.70, down from $440.37 at Thursday’s close. The sudden drop is attributed to a recent Crowdstrike update that caused Windows laptops worldwide to crash, exhibiting the notorious “Blue Screen of Death” (BSOD) and leaving them unable to rebo
A widespread Microsoft Corp. (NASDAQ:MSFT) cloud service disruption on Thursday led to the grounding and cancellation of flights for several airlines, including Frontier Group Holdings Inc. (NASDAQ:ULCC), Allegiant Travel Company (NASDAQ:ALGT), and Sun Country Airlines (NASDAQ:SNCY). What Happened: Microsoft reported issues with its cloud services in the Central U.S. region, which significantly impacted the operations of several airlines, Reuters reported on Friday. The low-cost carriers, including Frontier Airlines, Allegiant, and Sun Country, experienced outages that affected their day-to-day operations. Frontier Airlines confirmed that a “major Microsoft technical outage” had te
Citigroup analyst Stephen Trent maintains Frontier Group Holdings (NASDAQ:ULCC) with a Neutral and lowers the price target from $7 to $5.35.
Throughout the last three months, 4 analysts have evaluated Frontier Group Holdings (NASDAQ:ULCC), offering a diverse set of opinions from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 3 0 0 Last 30D 0 0 1 0 0 1M Ago 0 1 2 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $5.12, along with a high estimate of $7.00 and a low estimate of $4.00. Observing a downward
TD Cowen analyst Helane Becker maintains Frontier Group Holdings (NASDAQ:ULCC) with a Hold and lowers the price target from $6.5 to $4.
Susquehanna analyst Christopher Stathoulopoulos maintains Frontier Group Holdings (NASDAQ:ULCC) with a Neutral and lowers the price target from $6 to $4.5.
Barclays analyst Brandon Oglenski maintains Frontier Group Holdings (NASDAQ:ULCC) with a Overweight and lowers the price target from $9 to $7.
DENVER, June 25, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. ((ULCC), parent company of Frontier Airlines, Inc., today announced the appointment of Nancy L. Lipson to the company's Board of Directors. "We are very pleased to have Ms. Lipson join the Frontier Board of Directors," said William A. Franke, chairman of Frontier Group Holdings, Inc. "Her extensive experience in the corporate legal arena, along with a variety of other key disciplines of great importance to our organization, will be of tremendous benefit. Her contributions and experience gained through Board po
DENVER, March 05, 2024 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ:ULCC), today announced the appointment of Bobby Schroeter to the position of Senior Vice President – Chief Commercial Officer for Frontier Airlines effective Mar. 25, 2024. In his new role, Schroeter will oversee the airline's commercial division which includes pricing and revenue management, network planning, and marketing. He will report to Frontier President James Dempsey. Prior to joining Frontier, Schroeter spent nearly two decades at Spirit Airlines where he held several leadership positions, most recently serving as their Senior Vice President, Chief Marketing
DENVER, July 20, 2021 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc. (NASDAQ:ULCC), today announced the appointment of Ofelia Kumpf to the company's Board of Directors. "We are delighted to have Ms. Kumpf join the Frontier Board of Directors," said William A. Franke, chairman of Frontier Group Holdings, Inc. "Her experience and demonstrated professional leadership, strategic planning and customer-centric growth strategies, make her an excellent addition to our Board. Ms. Kumpf also brings significant non-profit board expertise to her new role." Ms. Kumpf is currently Field Vice President, Long Beach Field Office for McDonald's USA, LLC. Prior
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 issued guidance for the fourth quarter and full year 2024. Highlights: Total operating revenues were $935 million, 6 percent higher than the comparable 2023 quarter, on a 4 percent increase in capacityRevenue per available seat mile ("RASM") was 9.28 cents, 2 percent higher than the comparable 2023 quarterRASM on a stage-length adjusted basis to 1,000 miles, a non-GAAP measure1, was 8.59
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 issued guidance for the third quarter and full-year 2024. Highlights: Total operating revenues were $973 million, 1 percent higher than the comparable 2023 quarterAchieved annual run rate cost savings of more than $100 million from the cost savings program launched in the third quarter of 2023Cost per available seat mile ("CASM") was 8.98 cents, a reduction of 6 percent over the comparab
DENVER, May 2, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (NASDAQ:ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the first quarter of 2024 and issued guidance for the second quarter and full-year 2024. First Quarter 2024 Summary: Total operating revenues were $865 million, 2 percent higher than the comparable 2023 quarter, on capacity growth of 8 percentCost per available seat mile ("CASM") was 9.49 cents, a reduction of 5 percent over the comparable 2023 quarterAdjusted CASM (excluding fuel), a non-GAAP measure, was 6.71 cents,
DENVER, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (NASDAQ:ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the fourth quarter and full year 2023 and issued guidance for the first quarter 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 percentTotal operating revenues were $891 million, 2 percent lower than the comparable 2022 quarterCost per available seat mile ("CASM") was 8.93 cents, 10 percent lower than the comparable 2022 quarter, and adjusted (non-GAAP) CASM (excluding fuel) was 5.90 cents, 8 percent lower than the comparable 2022 quarterA
DENVER, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (NASDAQ:ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the third quarter of 2023 and issued guidance for the fourth quarter. Third Quarter 2023 Summary: Total operating revenues were $883 million, 3 percent lower than the 2022 quarter, on capacity growth of 21 percentCost per available seat mile ("CASM") was 9.66 cents, a decline of 9 percent over the 2022 quarterAchieved adjusted CASM (excluding fuel), a non-GAAP measure, of 6.66 cents, 3 percent lower than the 2022 quarterPre-tax margin was (5.1) percentTook delivery of eight A321neo aircraft during the third
DENVER, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (NASDAQ:ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the second quarter of 2023 and issued guidance for the third quarter and full year 2023. Second Quarter 2023 Summary: Achieved total operating revenues of $967 million, six percent higher than the 2022 quarterCost per available seat mile ("CASM") improved 20 percent over the 2022 quarterAdjusted CASM (excluding fuel), a non-GAAP measure, improved five percent over the 2022 quarterRealized a pre-tax margin of 9.1 percent, a post-pandemic recordGenerated ancillary revenue of $80 per passenger, $5 higher per passenger than
DENVER, July 18, 2023 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (NASDAQ:ULCC), parent company of Frontier Airlines, Inc., will be releasing second quarter 2023 financial results after market close on Tuesday, August 1, 2023. Management will host a live webcast with analysts to discuss these results the same day at 4:30pm ET. The webcast will be available to the public on a listen-only basis at http://ir.flyfrontier.com. An archive of the call will be available on the company's website for 30 days. About Frontier Airlines Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ:ULCC), is committed to "Low Fares Done Right." Headquartered in Denver, Colorado
DENVER, May 03, 2023 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (NASDAQ:ULCC), parent company of Frontier Airlines, Inc., today reported results for the first quarter of 2023 and issued guidance for second quarter and full year 2023. First Quarter 2023 Summary: Achieved total operating revenues of $848 million, a record for any first quarter in company history and 40 percent higher than the 2022 quarter, resulting in a 19 percent increase in revenue per available seat mile ("RASM") on 18 percent higher capacity compared to the 2022 quarterGenerated ancillary revenue of $80 per passenger, $11 more per passenger than the 2022 quarterUtilization averaged 11.8 hours per day in March 2
DENVER, April 19, 2023 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (NASDAQ:ULCC), parent company of Frontier Airlines, Inc., will be releasing first quarter 2023 financial results after market close on Wednesday, May 3, 2023. Management will host a live webcast with analysts to discuss these results the same day at 4:30pm ET. The webcast will be available to the public on a listen-only basis at http://ir.flyfrontier.com. An archive of the call will be available on the company's website for 30 days. About Frontier Airlines Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ:ULCC), is committed to "Low Fares Done Right." Headquartered in Denver, C
DENVER, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (NASDAQ:ULCC), parent company of Frontier Airlines, Inc., will be releasing fourth quarter 2022 financial results after market close on Wednesday, February 8, 2023. Management will host a live webcast with analysts to discuss these results the same day at 4:30pm ET. The webcast will be available to the public on a listen-only basis. To register in advance of the webcast, visit http://ir.flyfrontier.com. An archive of the call will be available on the company's website for 30 days. About Frontier Airlines Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ:ULCC), is committed to "Low Fares