ULCC - Earnings call transcript Q2 2022 | Frontier Group Holdings, Inc.

Due to licensing restrictions, you must log in to view earnings call transcripts.

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Frontier Group Holdings Q2 2022 Earnings Call. [Operator Instructions] I would now like to turn the call over to your host, David Erdman.

You may begin.

David Erdman

Thank you and good afternoon, everyone. quarter call. second our to XXXX earnings Welcome Today's Jimmy Daniel Dempsey, be Barry Schurz, and CEO; Biffle, President EVP Vice Commercial. speakers President, will Senior and CFO; and to remarks Each brief and your questions. then will prepared we'll deliver get But provisions. Harbor customary me first, quickly let the Safe cover

and we those risks predicted forward-looking Actual this in subject call, statements are differ be these will During results forward-looking may making which to uncertainties. from materially statements.

and earlier, the nearest along comparable which could reports cause see differences you certainly announcement concerning we the one And information participating in published announcement. measures which will hope with of also GAAP earnings risk at be those factors measure September in in filed the are several of in Additional we may reconciled discuss the with financial are we lastly, conferences we such We appendix to to then outlined investor events. SEC. non-GAAP the and August

his floor And the so, I'll give to to comments. Barry? begin Barry

Barry Biffle

and David few call. to good been last it's Thanks, since Needless our months an earnings interesting afternoon, everyone. say,

behind public merger, centered during with prices Xth ancillary performance the of the in a proactive generate at per week. The progressed, XXXX adjusted million, above busy XX% weather We measures fuel an and was lessen scenes we quarterly improvement the as largely to in able in air on quarter impact over strong $XXX led XX% June the an the and of revenue factor factor July our the the X%. history to traffic a pretax margin XX% second elevated during limitations and which overcome of of attention the record and completion quarter comparable to of revenue us completion realized control $XX quarter through While revenue highest were passenger. the enabled

are attendant carriers, due levels. not unlike experiencing and flight to addition, staffing to related we pilot many disruptions other In shortages

ULCC train a and landing additional compared for the we're base with surplus to working Contrary highly capabilities, who per given staffing resulting develop will major paradigms a which we year month. applicants career flight chosen of them common in fact, requisite with including recruitment capacity we're and school today strengthen employment the our different to the otherwise due pilots the career program might pilot to able a a flight they XX flying the XXX training, a attractive provide an completion to In cadet assist have be opening zero-time to segment, opportunity Upon Phoenix about a train to into opportunities misconceptions bases, pilots, we spot once placing continue a path will and legacy to times. flying reach experience this along of our footprint desirable uncertainty. year. of To crew to them to pay carriers, later further hire growth assignments we'll and as build have

by supported As be quarter, with we we strength environment versus anticipated third revenue expect to strong, demand our the per to remain in ancillary XX% the continued comparable quarter, forward RASM the passenger. over look to growth XXXX

a over of at the dedication, commitment in to focus the to continued to Done core with we now safe like X%. for I'd thank to in quarter, an Fares we the growth With our to customers. Low third Frontier overcome in They reliable with the range challenges successfully service Right the Team hand on I'll professionalism are continue to provide our pretax model. their will and X% and We call Daniel. of to that, utilization pandemic. increase generating the and business expect as the turn adjusted profit consecutive margin profitable Accordingly, quarterly second

Daniel Shurz

and everyone. Thanks, afternoon, good Barry

per XXXX comparable many capacity over levels. on over in Revenue with in the revenue by increase XX% RASM, XX% amount, our passenger product And exceptional from the driven XX% a ancillary quarter performance record quarter. were an business along and to driven Second rates. impressive that a strong expansion $XX a to $X.XXXX was growth above expectations. XX% along and the $X.XXXX, third, for quarter XXXX performance nearly $XXX, by attachment was was Revenue increase with revenue with contributing of recent enhancement of

ultra-low and and our allow expand offerings their to to continue experience allow to continue to will ancillary us travel to personalize offer We enhance fares. customers to our

between quarter, roughly future XX quarter. Given considerably a in second is designed plans, with XX.X realized miles hours ancillary the end XXX reach by our trend over the day, factor levels. high quarter an to line achieved was $XX improvement average we per quarter during Utilization XX% we're toward we In XXXX. load and now and XX-plus be per stage points expect second the third which of prices, we XXX our below percentage passenger an recovery targeting prior strong consistent with XXXX, of response prior average in our and an length gradual performance fuel the hours historical and to plan. We the of to

We average expect stages quarter. to return the the fourth starting airline in to pre-pandemic

off-peak Kansas on highlights. that X% we'll X% a proportion August deployed in Hartford and from launch seats accelerate Beginning month Airport XX% creating expanded an commercial August Touching As Vegas. higher turn from we announced in RASM expected service growth service quarter. is our We Baltimore, capacity, approximate July, Harry our International on recently City. X, in Buffalo, Las an and to in relative capacity and drag Reid build being the to to September, during X% to in the XXXX quarter XX% up of current ASM with in to resulting X%

Denver base, of serve destinations to route May, we're making in Frontier daily Houston response destinations beginning from our In in fastest-growing and these us leisure Vegas America. demand will September. Las With XX we North routes, in a to launched top new since Hobby one strong the airline service adding nonstop the in

XX expedited break base, facilitate network our international we which we'll last service to aircraft International doors, [ph] new our San I'll ground Just on Bay turn construction hand where Dempsey. This our nonstop innovative formally at Jimmy to designed will flights to the Juan, rear planning lastly, operational are initiatives Montego over loading and and leading Tampa with to for deplanning Cancun. we're and and service with and shorter gates it from expanded our of And times. Airport, month, Denver to through front August performance expanded experience. ground along planning Caribbean streamlining across that, launching improve enhancing and terminal X, customer And other

Jimmy Dempsey

you, Thank everybody. Daniel and welcome,

the XXXX increased CASM lower million our and impacted a the related quarter our lower nonfuel the by liquidity crew. second in in an brand strong the and equivalents. million revenue to cost deliver by transaction- of utilization gallon. of asset This need record-setting of operating as first access resulted The adjusted of million was the of to station-related growth cost stage, operating expenses Results to unrestricted impairment, profit cash source we're a costs was in elevated average to fuel position, We've co-brand impacted XXXX; credit has $X of approximately inflationary was CASM the strong demand during utilization, $XXX the environments introduction assets difficult of a of expense over growth. quarter cash million average line Though program and, targeting ex-fuel short-term two costs to in Frontier ensure performance, We with platform to Second profitable is to $X.XX currently quarter our adjusted in higher is business. sub-$.XX arise. at with resulting departure in $XXX fuel normalized per in including the Frontier $X.XXX to and mitigate million, second were return the card surplus merger-related elevated, per our quarter strong planned enviable $XXX an stage related by ancillary should substantial pressures while period length fuel million. a our financial enabled guidance. and with XXXneo the of and seats $X results help which prices, the Total leveraging $XXX turn expense position ex-fuel and drove financial us this years. on having exceptional employed compared still discipline rigorous ended were same in with through along

As the Airbus after under planned, short-term we book, $XXX the have order of million. enhanced second our delivery aircraft taking during the pre-delivery our payment was the fleet obligations facility align increased We the to aircraft three quarter facility million in whereby with to quarter. with XXX AXXXneo ended $XXX from

delivery end XX to aircraft take another and quarter, AXXXneos including of quarter in fourth the We third eight in XXXX. the of four the first of the by expect

turn X% demand is to favorable Capacity third environment improve anticipated second by passenger. RASM the saw of $XXX over expenses $X.XX million growth. the revenue be operating range to mentioned the pretax prior is by we quarter, grow in drag gallon be per the is be quarter XXXX based third to X% to continued With Fuel ancillary we anticipated earlier. from expected to comparable Q&A. continuation forward the to a fuel capacity X% XX% in million increase RASM closing expect quarter. the to third I'll the Adjusted per of costs constrained $X.XX by between call the quarter, due the the XX. quarter strength over deliver the upon quarter. we back comparable jet in remarks to XXXX X%, are between quarter, XX% and Adjusted bolstered in on versus to July to to expected blended largely move by Looking to are before $XXX Barry that, margin to curve expected Daniel nonfuel the the in

Barry Biffle

Thanks, Jimmy.

of Spirit in with early opportunity rebound in which my of the and to thoughts will meaningfully this we're in agreement our the outcome of we're disappointed shareholders leisure the like participate stages. to on I'd travel, closing, that Before termination merger Spirit. miss Obviously, offer an

of our took Frontier, disciplined shareholders. the a negotiations. throughout course Board of our Rather and interest employees Spirit, the than the Our for our prioritize overpay Board approach

for the unmatched a elements a growing ultra-low-cost path the underpinned order XXXneo resiliency standalone of potentially CASM-ex book, $X.XX future, could especially our to sheet, by a performance run. to demand entity contributors profitable air and for As a our below these to balance travel. key America's fantastic in given an strong exceptional confident model. Frontier growth, clear Collectively, ancillary business carrier, plenty more be affordable has not with an are platform room I of

keep for service. Our creation. and and proven provide reliable continues providing to to generating our fuel rising ultra-low-cost model long-term value we continue foundation fares revenues costs strategy record and prices, resilient with the while and low Even

completion and appreciate validates our confidence. further the performance our highest We model everyone's in have one We afternoon. rates time business this recent our industry and of the strengthens

the on agreement, how value nor JetBlue. we as Spirit further of I any We ultra-low-cost America's shareholder about and carrier. will business questions add to and commenting not however, termination tie-up the grow between be am, our a happy potential merger take

Operator

question first Our comes Instructions] from with Jamie [Operator J.P. Baker Morgan.

Jamie Baker

its production So the forecast delayed planned Airbus cut today, also rates. ramp in XXX production

I you over, don't around slip? months there's shift next deliveries within so Just so capacity to that portfolio flexibility Indigo don't planned expect know, any wondering you to the whether how impact and XX the or that

Barry Biffle

Look, book buy a Yes. around. little large obviously, of with right have moved on so look, I planes. we I material order been to that. things do our this But focused ago. people orders now, lot sure that order we've Jamie, have among the on some been Yes, to lot focused as and carriers do mean, I'm maybe we a stand ability, know we our move few a we not But aircraft of Airbus participated today. haven't a own years Indigo has before, us. differences the unaware order portfolio Dubai we're the have with disclosed we any versus what as book of in a

Jamie Baker

point shortage consumers this no that trying proving to lower-end of second, certainly ways are there's to And data find economize. at

fine Your us. third quarter guide looks to

maybe the trends. thoughts your is change changes way in economic booking Or you're Any Just complete a the aggregate duration. Obviously, any there? save to curious if data trip on to slowing curve? just day seeing immunity one implies holiday in expense. any of Or lobbing off

Daniel Shurz

no and change Well, so Daniel. really don't slowdown It's start I'll We're and let trip seeing in this the Barry see No, at we're We've duration. seen we not add moment. any seeing I'll demand Jamie. in on, not difference. any

them the and we're that offering Frontier. value not at keep moment being getting we're customers affected right and we're So choose the to come confident to to

Barry Biffle

Yes.

We interesting. of that have is kind One seen are two work-from-home the things phenomena.

of We seen people's have extension an some itinerary.

you a think, in be a I and just time, but somewhere or are cutting composite, go So money. day have, they got that that two their from read cut Jamie, like off articles, are the the really working moving off but At may some about actually around day. else. maybe working still some there I've people people, home from you've same save vacation they hotels,

they so actually are And expanding.

I think, to that. in pretty is The piece have the household and that a travelers significant averages, of Frontier. have $XXX,XXX household the in you that may So clouding a we income do significant increase one seen are an of suggests which increase be empirical we data the so increase income incomes and effect in $XXX,XXX-plus seeing is buy-down the our that

Operator

Instructions] from ISI. Evercore Duane comes Our question next with [Operator Pfennigwerth

Duane Pfennigwerth

space or staffing any you white constrained, for if you a wanting develop busy And small through on go there understand I spent feel might the targets not you are certainly wanted I to would do in markets from overlap. opportunities think fair shortages things. What as studying relationship? the see they capacity a that shortages and staffing industry, markets. about your could or you've perspective? pursue appreciate a of been obvious comments overly new carriers, you constrained, of time potential are there ask the regional really But have you about implications more focused but as markets, other for that to I amount

Barry Biffle

the let examples, been I'm he's of talk Daniel he's I more about them. with because know probably got kind of to exploiting phenomena regional going and capacity recent shortages some

Daniel Shurz

have We on think, do also we've Duane, this service us, actually, we've are capacity we've tend that, fundamentally, industry. in markets, little consolidated a in pullback to year, markets. serve have for markets too certain airlines traditional Yes. watch regional again What But seen, a the I seen is, small. Look, we even what bit as probably. seen less, in They going it's small quite sense. always, what's the

Vegas You can our base. see, notably, we've looked from

those we we airlines capacity in of other reduced consolidated reasons into have they're sort into some the markets went the of is flying. you markets of One meaningfully see went can way the as

markets, going service leisure for So, substantial similar where Vegas-Hartford, of. are than we're much take Las other example, pre-pandemic. our those advantage phenomenon in less are examples seen key is Las and bases seeing the Vegas-Buffalo, we're to There of competitive what ones

Barry Biffle

our As far carrier. exciting question I second said as were Duane America's ultra-low-cost your talk -- future we -- thanks, as to going about

your So I'll in vein. question answer that

that's us, runway do the you of you in So emerge, they costs of event one the a that that XX% to slap most more ahead carrier take on similar a creates probably and of lot us.

Duane Pfennigwerth

South you a Would deemphasized a a period little available? of costs, get but manage come when don't example. for we'll expand and Northeast to a focus became quarter could or sense footprint costs, sort exact time it ever Maybe some to back expensive on to to make your to the LaGuardia, or envision airports, having if bit. in assets bigger There Florida of you you I was your recall

Barry Biffle

and what referencing you're mean, I not It's we expensive. Look, some absolutely. that places. they did Look, were other Yes. in Newark

an expensive, to unable to landing slots the put were we operation together had. efficient being we addition with that In

really LaGuardia, would And the could we it. so about absolutely, right if in excited get we opportunity be

I think be, consumers too. would

Operator

question Our Michael Linenberg from Deutsche next Bank. with comes

Michael Linenberg

to Congrats differentials, back ancillary. And of fare is looking base year-over-year, interesting. My question, versus to profitability. just at it first sort the getting year-over-X-year, your your on in the

price or is step Because the you inflationary $XX seat inflationary products, look it curious insurance talking piece Barry $X really dollars. in components? good could Is increase if and is it to were in What plus increase. Daniel, big to there $X or But now one than an change, either other a more both just pushing We're different does are so, a successful the elasticities, And presumably big color. was minus few ancillary different a add obviously a roughly just a You through thing environment. or here? there about is fees just $XX, fees flowing Or where are were that up in double. but all fees like about, highly bag and $X? what's which function they're was higher that stickier I'm $X

Daniel Shurz

Right.

look, pandemic products. continue So of to developing advantage the took we new

effect. a work and we've mix. the why products the inflationary of we continued to this. It's we everything. it's an customers and where So ancillary now we've what reflecting confidence. how of done we It's industry And It's have And products, It's just I continued think mix that's work a the lead improve introduced. optimize pricing our new our it's want.

by what $XX have our confidence increase seen, just Given we've of to to end we the XXXX. target now

Barry Biffle

pandemic. hear Michael, just are And this we not. of XX-XX that truth the the said stickiness moment split. our used you'll fares Literally, our a good We this is, would We I used around largely you multiple add, day. is control a a it ago. of think in times just non-ticket. talk And learned was word. about is And to the non-ticket office but fuel and out We

we closer. what we get guarantee about closer that and but closer mean, forward. we get profits is can non-ticket our like and to protect can't so closer And profits, can going I I

So can year. the that that's to make get today of in solid not plan maintain XXXX to profitability out $XX get we in us And it only by that sure decades laid back why next end for that is we to to but we've come.

Michael Linenberg

studied talks to sounds Part seems X,XXX? but you've What X-year, getting and the opportunities that you getting to there. only that it been is get they're more And And XXX it point up Barry, a helping At it program sort to like XXX. edge many fly okay, of I few second, X,XXX? X-year? the Can the my you like you and brought What's is, there's seems It sounds and at timeframe just them pilots you from question bit them seems everybody years. your hours. at here that ready XXX it to are on so through It zero-hour are there's hasn't through of little know it, least this. with give guys then well-answered leading training us that? about from XXX and you respect just like the but to like thoughts it's this get get like because And sort and they're them them a on a do out what

Barry Biffle

And off. questions, it start Vice couple I'll Lambert, of today there's be Yes. thought fortunate a have Operations. phases. Brad our to President we some are might so we there Flight But

to got You've get private your hours. roughly XX at

You've get CFI, to And at XX to can got you II. college yes, XXX, X,XXX get have commercial hours of aviation. then, if ATP you

You we're it aviation. you if of out you the the have at get XX any that don't can target And college at XXX hours And it some to here get Brad with can that. we're limit them have X,XXX you from up. can to hours and about if about hours. more their opportunities going college that do build tell to the really work But to we're and cadet abroad college you of hours rolling program using will of X,XXX Brad, it excited kind

Brad Lambert

Brad opportunities, So is obviously, XXX with Lambert the got this (Indiscernible), carriers. definitely we've

with the our and the ATP of to limited build nice call there. country. manufacturer there thing there's And right, opportunities very You're for there lots they quickly. there's them the is in agreement it, out biggest, time instruct are pilots capacity of But about

the very But enough up or what to XX XX months for. program we want build that's them got again, time at flight think we're the actually control months, helpful. we've look for to to That's we The we (indiscernible). destiny looking So and opportunity our so. the

Brad Lambert

well. we countries USA also There's XXX to international there lot up accept ATP build for fly a that we're hours, And other out and can time of at licenses as them that looking opportunities, minimums.

Barry Biffle

pilots going would speculations control to I source just going of is say, our to thing to main we're going have pilots. just and we're longer it. of entertain these run Michael, The We're out no that

Operator

Research. with Our Wolfe Scott Group next question from comes

Scott Group

the you So story talk have navigate standalone accelerated basis as potentially understand is looks know of environment to where year-plus? your next what om over now acquires violation I standalone you that I'm what capacity some of to of several growth years how growth you sort don't is where then think different understand about to JetBlue an the trying and to think I next guess if what your is growth potential, in we a Do that that's the uncertainty about. Spirit you do trying want regulatory Spirit? wait standalone on and how over But for like I guess do I'm growth?

Daniel Shurz

We aggressive an growth already This have plan. is Daniel.

it, to XXXX Next then, over year, utilization that for and plan say get to in XX% closer happens going What back happens have as necessary growth. levels utilization. fleet We potential always as we if to year a it already the above combinations? normal after fully growth in could normal we XX%. airline to XXXX environment? the XX% move return a to forward we provides in What accelerate XX% that, XX%, And

controlling our By we destiny the for watch are will our by controlling we fly. opportunities our where choices driving we non-ticket, make about costs as and We can discussed.

Michael Linenberg

'XX? I that next plan grow is to the versus year Did hear XX%

Jimmy Dempsey

back next get growth. Yes. to Scott, that constrained to here. as you have XX%, move slightly full year capacity or Jimmy this it's you utilization, Yes, we year, above across XX% given Dempsey

Michael Linenberg

on if maybe monthly and $XXs you I but upper just Any talking did feel about be last guidance, about the know it just the closer the And focus the QX? to thing, trends? in then you're TRASM And report can you color XX%-plus talk should like as just there? you I

Daniel Shurz

we capacity into patterns. seasonality the creating the obviously, growth capacity we're typical seasonality. an July off-peak XX% growth is quarter go month going to in is quarter and we a points We're right because pushed discussed growing amount at more September. the RASM have issue higher three XX% We That What for on But overall to we're drag more are of the in X% because end because we on of around the as into is just detail not for seeing that. seeing QX the now typical of

Operator

Our next Savanthi question comes James. Syth with from Raymond

Savanthi Syth

earlier, Just as even aircraft it follow-up deliveries getting like Jamie's little delayed. are kind bit a this maybe looks of on question year, your

are how versus that up? your kind capacity, utilization deliveries that much on fleet getting what's your back level? this And of you plan just as So of XX% confidence dependent year? just seeing delay you out And is

Barry Biffle

half it and is Roughly half from of fleet comes deliveries other the utilization. increased

Jimmy Dempsey

And the near-term, delays. some it's It's We're we've the relatively Airbus Boeing Savi to obviously nothing Yes. [ph], I program. compared seen been mean, program. modest. on

six in delays, four some You're seeing near-term aircraft week to six aircraft deliveries all relatively weeks, but eight [ph]. the delays story for week of

Barry Biffle

Yes, and in the generally been delays have days weeks.

we so between delivery when put to and a to it in scheduled fly. we typically kind up And have cushion XX-day, XX-day of a

Savanthi Syth

one the if And whatever react to brings, demand with is last a I else. to year throughout this environment, environment COVID and might, shown year or anything you've nimbleness or thing the

of kind to? a curious if that that? down slowing you're And you're kind should we Just what how what moderating or environment, see comfortable kind assuming of do we environment Or recessionary that of about a XX%. maybe think in

Barry Biffle

Well, look, couple headed think to were One, probably react is to things. CASM. driven but fastest to our confidence I things change the if by we're sub-$X.XX a dramatically the always I we're in XX% think

off. with were be airline if business, prices can if with it fall to So anybody be the demand successful low will

the just that by non-ticket And $XX. the target that have so but on the we'll cost it $XX low by actually few subsidized, the can one not end we carry of we're the will afford fact further to side producing already and prices. be next in year of be And

we'll with very So would where cuts have is, nothing we're But we're recession, we've GDP the if so some recession, in would capacity. changes what should growth capacity, normally seems is And normally we years, capacity what the pretty major. capacity even even And we than space were the growth. over there be the demand see I seen is what back but airline in. the to if a a reevaluate built are good far, if the seeing. in airline three that seasonal lower normal see a the you significantly Obviously, it is, confident deeper on think looks space cuts already are there had missed recession I than there track if last you think, and

a if the XX% XX% And well, get so, in. you cuts are to from recession, cut already a

as a So across lot now. that's industries seeing are why industry of time other tough pricing a right the power having even you're the

Operator

Helane next comes Cowen. Our question from with Becker

Helane Becker

two hiring follow things I you that at in made reduction forge you Or that that do factored in, just To look the questions. continue the just slow? where comment, have environment ahead? airline the up an to about Barry, think you what like already will just capacity you Would pause do hiring? would

Barry Biffle

should because No, airline I you're think or hiring, we when one slow would producer stop space, growing. the be hiring, that last the be to even lowest-cost in the you're first the

Helane Becker

seem sure how of, for you But Union want lot answer. the the I'm you to itself, Alpha like what the responsibility seem don't your I pilots? And responsibility? that? pilot bear And get to I do want a your know, pilots, them some up can the to in building training have, Do any -- They think not assurances with negotiations responsibility don't question for you they to other accept has ranks. can of Pilots they but then National, accept

Barry Biffle

not I'm guess understanding question. I your

Helane Becker

Well, way. about this it think

career don't part you. become become And right, is pilot. you if It's cost the you If that a easy a path, for want something military rules a or can that. you on around reason is the go the which XXX% not like pilot, of $XXX,XXX that to

necessary XX-year-old So order some think bears itself don't or responsibility you in to hours get build Alpha for a a the helping XX-year-old an career?

Barry Biffle

responsibility. it's know Alpha's don't I if

through source coming to we and than had Look, can taking we're no have but of we're we while we We're we take and source tell of engines, we're hours, shortages line. challenges, mean, right look, to doing. Maybe the you and for hours. mean, be destiny one paid just the everything $XXX,XXX. considerably didn't everyone just no HR some. inundated our going hours been of if range. zero different your a to challenge type maybe as of in we Frontier. as less responsibility the overall is now. I it's to And I a (indiscernible) cadet our $XXX,XXX get someone parts, think the most going not It's have of Yes, with all training can pilot they commercial. your they it experiences more, entire get at where to industry maybe I get a job, that need, last see today. control different going in I been cost hand-hold source real-life what aviation haven't we And be our across times you and than a community. I need the across mean, you few right flying at that, just mean you're any when training think good from Head clarify, from to has that exciting an the perspective. get they to and honest, I $XXX,XXX, as the But look, of place But great quite yes, the place not responsibility would pilots I good we airplanes he's down else. program, $XXX,XXX commercial sourcing it's

right up gets to type program and really so get are pilots. of a have like, this already a of experience through a always training the help with that be have that exciting them bunch kind We program get them I to need it, handholds attendants And of really safe they pilot." be want good them, a "Hey, set that is then flight them to

for the also so, going And successful and they'll Alpha safe so are of the not generally they only are an training but sourcing we can And our we're be that in hope when at until we can come to control pilot going us. holder, they the active they we and pilots but ensure become that partner control not line quality to actually that we pilots with Frontier. involved a once or

Operator

to And the at Barry remarks. not further showing any turn I'd to for Biffle this I'm call time. questions over closing like any back

Barry Biffle

Talk soon. Really again, to Well, We excited quarter. excited And you joining as ultra-low-cost today. I to to talk to said, appreciate everyone. thanks, you next America's us everyone be carrier. we're

Operator

presentation. today's conclude (Indiscernible)

You day. and may now disconnect a have wonderful

Frontier (ULCC) 29 Jul 222022 Q2 Earnings call transcript