Frontier Group Holdings, Inc. - ULCC STOCK NEWS

Frontier Airlines (ULCC) has launched a major promotional campaign called 'Your New Love' running through August 18, 2025. The promotion offers customers a free Economy Bundle including carry-on bag, seat selection, and flight changes for all bookings made by March 24, 2025. Additionally, customers can receive a free checked bag using promo code 'FREEBAG' for flights from May 28 through August 18.

The airline announced significant product enhancements including UpFront Plus seating with extra legroom and guaranteed empty middle seats. Future improvements planned for late 2025 include First Class seating on all flights and free unlimited companion travel for loyal customers. Fares for the promotion start at $39 each way.

The company also highlighted its FRONTIER Miles program, offering 10X miles per dollar spent, with multipliers increasing up to 20X for elite status members. Elite status can be achieved at 10,000 miles and includes benefits like priority boarding and free bags.

Frontier Airlines (ULCC) has announced its selection of the new Terminal 6 (T6) at John F. Kennedy International Airport for its future operations starting in 2026. The ultra-low-fare carrier becomes the 13th international airline to join T6, which is part of a $19 billion JFK transformation project.

The new terminal will feature a digital-first experience with less than 5-minute average walk times to gates, biometric-enabled self-service bag drops, and 100,000 square feet of amenities. Frontier currently operates six daily flights from JFK Terminal 7 to various destinations and plans to expand with new routes to Miami (March 31, 2025), Dallas Ft.-Worth (April 22, 2025), and Los Angeles (May 1, 2025).

Frontier began its JFK operations in June 2024 with flights to San Juan, Puerto Rico, and currently serves Atlanta, Orlando, Las Vegas, Tampa, and San Juan from Terminal 7. The airline plans to add up to four additional daily flights in spring 2025.

Frontier Group Holdings (NASDAQ: ULCC), parent company of Frontier Airlines, has rescheduled its live webcast at the Barclays 42nd Annual Industrial Select Conference. The presentation will now take place at 3:35pm EST on Wednesday, February 19, 2025, instead of the previously announced 4:10pm EST time slot.

The webcast will be accessible through the company's investor relations website and will remain archived for 90 days following the event.

Frontier Airlines (NASDAQ: ULCC) has announced its participation in the upcoming Barclays 42nd Annual Industrial Select Conference. CEO Barry Biffle will deliver a presentation on Wednesday, February 19, 2025, at 4:10pm ET.

The presentation will be accessible via webcast through the company's investor relations website at ir.flyfrontier.com/news-and-events/events. Interested parties can access the archived version of the webcast for up to 90 days following the event through the same website address.

Frontier Airlines (ULCC) reported strong Q4 2024 financial results, achieving record quarterly revenue of $1.0 billion, up 12% from Q4 2023, despite 2% lower capacity. The company posted a pre-tax margin of 5.1% and earnings per share of $0.23.

Key highlights include total liquidity of $935 million (25% of trailing twelve-month revenue), RASM of 10.23 cents (15% higher year-over-year), and a fleet expansion with six new A321neo aircraft deliveries. The company achieved 99.4% completion factor in December 2024 and maintained its position as the most fuel-efficient major U.S. carrier with 106 available seat miles per gallon.

Full-year 2024 revenue reached a record $3.8 billion, 5% higher than 2023, with adjusted CASM (excluding fuel) down 1.2% year-over-year. The company aims for double-digit adjusted pre-tax margins in summer 2025.

Frontier Airlines (NASDAQ: ULCC) has proposed a merger with Spirit Airlines through the issuance of new Frontier debt and common stock. The proposal aims to create a stronger low-cost carrier that would provide higher value than Spirit's standalone restructuring plan. Bill Franke, Frontier's Board Chair, emphasizes the opportunity to create a more competitive airline with enhanced market entry capabilities.

According to Frontier's CEO Barry Biffle, the combined airline would offer more options, deeper savings, and improved service reliability. Frontier has engaged in discussions with Spirit's board, management, and financial stakeholders, sharing materials that suggest Spirit's standalone plan would result in an unprofitable airline with high debt. The proposal details were submitted via letter to Spirit's Chair and CEO, emphasizing the urgency of the situation and Frontier's readiness to negotiate.

Frontier Group Holdings (NASDAQ: ULCC), parent company of Frontier Airlines, has scheduled the release of its fourth quarter and full year 2024 financial results for Friday, February 7, 2025, before market opening. The company will host a live webcast with analysts at 11:00am EST on the same day to discuss the results.

The webcast will be accessible to the public in listen-only mode through the investor relations website at ir.flyfrontier.com. An archive of the call will remain available on the company's website for 30 days following the event.

Frontier Airlines (NASDAQ: ULCC) announces major enhancements for 2025, including the introduction of First Class seating and significant loyalty program improvements. The airline will offer free seat upgrades for Elite Gold members and above, unlimited companion travel for Platinum and Diamond Elite members, and the ability to redeem FRONTIER Miles for baggage and seat bundles.

The transformation includes luxurious First Class seats in the first two rows, launching late 2025. For a time, customers can earn Platinum Elite Status through 2025 by accumulating just 20,000 Elite Status Points. Additionally, eligible cardmembers can earn up to 100,000 miles after approval and qualifying purchases.

Frontier Airlines (ULCC) reported Q3 2024 financial results with total operating revenues of $935 million, up 6% year-over-year, on a 4% capacity increase. The company achieved a pre-tax income margin of 2.9% and adjusted pre-tax loss margin of 1.1%. Key highlights include enhanced liquidity of $781 million through a new revolving credit facility, delivery of five A321neo aircraft, and expansion of PDP financing capacity by $113 million to $478 million. Revenue per available seat mile (RASM) was 9.28 cents, showing positive inflection in the second half of the quarter. The airline maintains the youngest fleet among U.S. carriers with an average age of 4.5 years.