Frontier Airlines Reports Financial Results for the Second Quarter of 2021
Frontier Group Holdings, Inc. (ULCC)
Company Research
Source: GlobeNewswire
DENVER, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc. (NASDAQ: ULCC), today reported its financial results for the second quarter of 2021. Frontier experienced strengthening demand for leisure travel during the second quarter, with capacity, as measured by ASMs, exceeding the levels achieved in the comparable pre-COVID quarter in 2019. The Company was profitable on a GAAP basis and ended the quarter with $936 million of unrestricted cash and cash equivalents, the highest cash balance in the Company’s history. Frontier is focused on positioning the airline to be an industry leader in the recovery from the COVID-19 pandemic, and during the quarter returned all of its aircraft and employees into service across all of its stations. Frontier had 109 aircraft at the end of the quarter, 11 percent higher than the corresponding prior year period. The airline is expected to take delivery of five additi
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News
- Frontier Group Holdings Announces Webcast of First Quarter 2024 Financial ResultsPR Newswire
- Frontier Group Holdings, Inc. (NASDAQ: ULCC) had its price target raised by analysts at Barclays PLC from $7.00 to $9.00. They now have an "overweight" rating on the stock.MarketBeat
- Frontier Group Holdings, Inc. (NASDAQ: ULCC) had its price target raised by analysts at Evercore ISI from $7.00 to $8.50. They now have an "in-line" rating on the stock.MarketBeat
- Indigo Partners Announces Plans to Distribute Frontier Group Holdings Common Stock to its Limited Partners [Yahoo! Finance]Yahoo! Finance
- Indigo Partners Announces Plans to Distribute Frontier Group Holdings Common Stock to its Limited PartnersPR Newswire
ULCC
Earnings
- 2/6/24 - Beat
ULCC
Sec Filings
- 4/16/24 - Form 4
- 4/12/24 - Form DEFA14A
- 4/12/24 - Form SC
- ULCC's page on the SEC website