frontier airlines is committed to offering ‘low fares done right’ to more than 60 destinations in the united states, dominican republic and mexico on nearly 300 daily flights. headquartered in denver, frontier’s hard-working aviation professionals pride themselves in delivering the company’s signature low fares done right hospitality to customers. frontier airlines is the proud recipient of the federal aviation administration’s 2015 diamond award for maintenance excellence and was recently named the industry’s most fuel-efficient airline by the international council on clean transportation (icct) as a result of superior technology and operational efficiencies.
Company profile
Ticker
ULCC
Exchange
Website
CEO
Barry L. Biffle
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Frontier Airlines Holdings, Inc. • Frontier Airlines, Inc. ...
ULCC stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
12 Apr 24
ARS
2023 FY
Annual report to shareholders
12 Apr 24
DEFA14A
Additional proxy soliciting materials
12 Apr 24
DEF 14A
Definitive proxy
12 Apr 24
8-K
Regulation FD Disclosure
29 Mar 24
S-8
Registration of securities for employees
20 Feb 24
10-K
2023 FY
Annual report
20 Feb 24
8-K
Regulation FD Disclosure
6 Feb 24
8-K
Frontier Airlines Reports Fourth Quarter 2023 Financial Results
6 Feb 24
10-Q
2023 Q3
Quarterly report
26 Oct 23
Transcripts
ULCC
Earnings call transcript
2023 Q4
6 Feb 24
ULCC
Earnings call transcript
2023 Q3
26 Oct 23
ULCC
Earnings call transcript
2023 Q2
1 Aug 23
ULCC
Earnings call transcript
2023 Q1
3 May 23
ULCC
Earnings call transcript
2022 Q4
8 Feb 23
ULCC
Earnings call transcript
2022 Q3
27 Oct 22
ULCC
Earnings call transcript
2022 Q2
29 Jul 22
ULCC
Earnings call transcript
2022 Q1
29 Apr 22
ULCC
Earnings call transcript
2021 Q3
11 Nov 21
ULCC
Earnings call transcript
2021 Q2
6 Aug 21
Latest ownership filings
4
Barry Biffle
16 Apr 24
SC 13G
Group Holdings - Frontier LLC
12 Apr 24
3
Initial statement of insider ownership
12 Apr 24
4
Change in insider ownership
9 Apr 24
4
WILLIAM A FRANKE
9 Apr 24
3
Leonard Potter
8 Apr 24
SC 13G
Wildcat Capital Management, LLC
8 Apr 24
3
Robert Schroeter
3 Apr 24
4
Barry Biffle
2 Apr 24
4
Barry Biffle
6 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 640.00 mm | 640.00 mm | 640.00 mm | 640.00 mm | 640.00 mm | 640.00 mm |
Cash burn (monthly) | 46.67 mm | 2.83 mm | 18.00 mm | (no burn) | 57.67 mm | 9.42 mm |
Cash used (since last report) | 316.99 mm | 19.25 mm | 122.27 mm | n/a | 391.70 mm | 63.96 mm |
Cash remaining | 323.01 mm | 620.75 mm | 517.73 mm | n/a | 248.30 mm | 576.04 mm |
Runway (months of cash) | 6.9 | 219.1 | 28.8 | n/a | 4.3 | 61.2 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 134 |
Opened positions | 37 |
Closed positions | 26 |
Increased positions | 42 |
Reduced positions | 34 |
13F shares | Current |
---|---|
Total value | 1.08 tn |
Total shares | 401.87 mm |
Total puts | 646.00 k |
Total calls | 1.06 mm |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Indigo Partners | 178.83 mm | $865.56 bn |
Indigo Frontier | 178.83 mm | $2.43 bn |
Ancient Art | 7.96 mm | $38.53 bn |
GROW U.S. Global Investors, Inc. - Ordinary Shares | 7.18 mm | $34.74 bn |
Vanguard | 3.82 mm | $18.49 bn |
BLK Blackrock | 2.89 mm | $13.99 bn |
Millennium Management | 2.49 mm | $12.05 bn |
Par Capital Management | 2.00 mm | $9.68 bn |
Towle & Co | 1.86 mm | $9.02 bn |
Hodges Capital Management | 1.47 mm | $7.21 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Apr 24 | Barry Biffle | Common Stock | Option exercise | Acquire M | No | No | 0.2632 | 20,000 | 5.26 k | 812,981 |
12 Apr 24 | Barry Biffle | Stock Options Common Stock | Option exercise | Dispose M | No | No | 0.2632 | 20,000 | 5.26 k | 0 |
5 Apr 24 | Indigo Frontier | Common Stock | Other | Dispose J | Yes | No | 0 | 178,834,034 | 0.00 | 0 |
5 Apr 24 | William A Franke | Common Stock | Other | Dispose J | Yes | No | 0 | 178,834,034 | 0.00 | 0 |
News
Expert Outlook: Frontier Group Holdings Through The Eyes Of 6 Analysts
5 Apr 24
Barclays Maintains Overweight on Frontier Group Holdings, Raises Price Target to $9
5 Apr 24
Evercore ISI Group Maintains In-Line on Frontier Group Holdings, Raises Price Target to $8.5
4 Apr 24
The Analyst Landscape: 4 Takes On Frontier Group Holdings
20 Mar 24
UBS Initiates Coverage On Frontier Group Holdings with Neutral Rating, Announces Price Target of $8
20 Mar 24
Press releases
Indigo Partners Announces Plans to Distribute Frontier Group Holdings Common Stock to its Limited Partners
29 Mar 24
Frontier Airlines to Participate in the JP Morgan Industrials Conference
11 Mar 24
Frontier Airlines Announces Appointment of Bobby Schroeter to Senior Vice President – Chief Commercial Officer
5 Mar 24
Frontier Airlines Reports Fourth Quarter 2023 Financial Results
6 Feb 24