Frontier took delivery of five A320neo aircraft during the quarter. COUPON CODE. Frontier Airlines Saw Exponential Growth in 2021. Additionally, the Company believes this metric is a useful comparator because it removes certain items that may not be indicative of base operating performance or future results. (b) Amount estimated excludes fuel expense and special items, which may include loss on disposal of assets, early lease termination costs, special charges and credits, and other items which are not estimable at this time. The Company incurred $1 million and $11 million in aircraft rent and depreciation costs during the three and nine months ended September30, 2021, respectively, relating to the acceleration and resulting changes to its lease return obligations. Frontier was profitable in the third quarter on a GAAP basis, recognizing $23 million of net income. For those who are not available for the live webcast, the call will be archived and available for at least 30 days on the investor relations section of the Company's website. (b) As a result of an early termination and buyout agreement executed in May 2021 with one of the Companys lessors, Frontier was able to accelerate the removal of the remaining four A319 aircraft from its fleet. Contacts: Throughout 2021, Frontier displayed its operational and financial resiliency notwithstanding the persistent challenges from COVID-19 variants, commented Barry Biffle, president and CEO. We continue to view the impact of COVID-19 as transient, and remain focused on getting the airline back to full utilization in 2022 while being nimble to counter any further COVID-19 impacts. This amount is a component of interest expense. Frontier opened three new stations during the third quarter of 2021 and operated an average of over 435 flights per day, which was eight percent higher than the comparable pre-COVID quarter in 2019. (h) Represents the mark to market adjustment to the value of the warrants issued as part of the funding provided under the CARES Act. Frontier continued its domestic and international network expansion during the third quarter, opening stations in St. Maarten, San Jose, Costa Rica, and Burbank, California, as well as expanding the Company's Las Vegas schedule to its highest number of departures ever. These aircraft commitments bring the Company's total aircraft order as of December31, 2021 to 234 aircraft to be delivered through 2029, including 76 A320neo aircraft and 158 A321neo aircraft. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise, except as required by applicable law. Actual results could differ materially from these forward-looking statements due to numerous factors including, without limitation, the following: the adverse impacts of the ongoing COVID-19 global pandemic, and possible outbreaks of another disease or similar public health threat in the future, on the Companys business, operating results, financial condition, liquidity and near-term and long-term strategic operating plan, including possible additional adverse impacts resulting from the duration and spread of the pandemic; unfavorable economic and political conditions in the states where the Company operates and globally; the highly competitive nature of the global airline industry and susceptibility of the industry to price discounting and changes in capacity; high and/or volatile fuel prices or significant disruptions in the supply of aircraft fuel; the Company's reliance on technology and automated systems to operate its business and the impact of any significant failure or disruption of, or failure to effectively integrate and implement, the technology or systems; the Companys reliance on third-party service providers and the impact of any failure of these parties to perform as expected, or interruptions in the Company's relationships with these providers or their provision of services; adverse publicity, harm to the Company's brand; reduced travel demand and potential tort liability as a result of an accident, catastrophe or incident involving the Company, its codeshare partners, or another airline; terrorist attacks, international hostilities or other security events, or the fear of terrorist attacks or hostilities, even if not made directly on the airline industry; increasing privacy and data security obligations or a significant data breach; further changes to the airline industry with respect to alliances and joint business arrangements or due to consolidations; changes in the Company's network strategy or other factors outside its control resulting in less economic aircraft orders, costs related to modification or termination of aircraft orders or entry into less favorable aircraft orders; the Company's reliance on single suppliers to source a majority of its aircraft and certain parts, and the impact of any failure to obtain timely deliveries, additional equipment or support from any of these suppliers; the impacts of union disputes, employee strikes or slowdowns, and other labor-related disruptions on the Company's operations; extended interruptions or disruptions in service at major airports where the Company operates; the impacts of seasonality and other factors associated with the airline industry; the Company's failure to realize the full value of its intangible assets or its long-lived assets, causing the Company to record impairments; any damage to the Company's reputation or brand image; the limitation of the Company's ability to use its net operating loss carryforwards and certain other tax attributes to offset future taxable income for U.S. federal income tax purposes; the costs of compliance with extensive government regulation of the airline industry; costs, liabilities and risks associated with environmental regulation and climate change; the Company's inability to accept or integrate new aircraft into the Company's fleet as planned; the impacts of the Company's significant amount of financial leverage from fixed obligations, the possibility the Company may seek material amounts of additional financial liquidity in the short-term and the impacts of insufficient liquidity on the Company's financial condition and business; failure to comply with the covenants in the Company's financing agreements, failure to comply with financial and other covenants governing the Company's other debt; changes in, or failure to retain, the Company's senior management team or other key employees; current or future litigation and regulatory actions, or failure to comply with the terms of any settlement, order or arrangement relating to these actions; increases in insurance costs or inadequate insurance coverage; and other risks and uncertainties set forth under "Risk Factors" in the Company's reports and other documents filed with the Securities and Exchange Commission (SEC), as well as other risks and uncertainties set forth from time to time in the reports the Company files with the SEC from time to time, including the Quarterly Report on Form 10-Q being filed at or around the date hereof. 1 - Upon entering the airport, put your face-covering over your nose and mouth. The non-GAAP financial information is included to provide supplemental disclosures because the Company believes they are useful additional indicators of, among other things, its operating and cost performance. Frontier enables people to go places they never expected, whether to our main hub in Denver or to our international locations in Mexico, Puerto Rico, Jamaica, Guatemala . Frontiers fleet continues to be the most fuel-efficient of all major U.S. carriers when measured by ASMs per fuel gallon consumed, generating almost 100 ASMs per gallon during the third quarter of 2021. Frontier had 112 aircraft at the end of the quarter, 10 percent higher than the corresponding prior year period and 20 percent higher than the third quarter of 2019. David Erdman, Investor Relations This amount is a component of interest expense. Adjusted CASM including net interest is not determined in accordance with GAAP, may not be comparable across all carriers and should not be considered in isolation or as a substitute for performance measures calculated in accordance with GAAP.%, Contacts: Frontier Tip: Don't see the route you're looking for? Adjusted CASM including net interest is included as a supplemental disclosure because the Company believes it is a useful metric to properly compare its cost management and performance to other peers that may have different capital structures and financing strategies particularly as it relates to financing primary operating assets such as aircraft and engines. AIRLINE RESERVATIONS BAGGAGE SERVICE NONSTOP ROUTES STATUS SERVICE TYPE; AIR CANADA (888) 247-2262 (888) 689-2247: Toronto Vancouver: Operating Operating: Seasonal Seasonal: ALASKA (800) 426-0333 (206) 878-8396 Boise Everett Portland San Francisco San Jose Seattle: Operating Operating Bags heavier than 100 pounds or larger than 110 linear inches won't be accepted by Frontier Airlines. Founded in 1994, they are committed to providing their customers with low fares and quality service. DENVER, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc. (NASDAQ: ULCC), today reported its fourth quarter and full year 2021 financial results. Because we want to be the airline for everyone. Derivations of net income and CASM are well-recognized performance measurements in the airline industry that are frequently used by the Companys management, as well as by investors, securities analysts and other interested parties in comparing the operating performance of companies in the airline industry. For all travelers, other than Costa Rican citizens, a ticket for onward or return travel is mandatory. Adjusted CASM including net interest is included as a supplemental disclosure because the Company believes it is a useful metric to properly compare its cost management and performance to other peers that may have different capital structures and financing strategies particularly as it relates to financing primary operating assets such as aircraft and engines. Privacy
As of September 30, 2021, Frontier had a fleet of 112 Airbus single-aisle aircraft, consisting of 73 A320neos, 18 A320ceos, and 21 A321ceos. Some airlines and routes operate on a seasonal basis. Denver-based Frontier Airlines recently recounted its many accomplishments of 2021. 13 fuel-efficient Airbus A320neo aircraft joined the fleet, bringing the total fleet to 110 aircraft, six percent higher than the prior year. Check-in took place in Aqua Club, a private lounge not accessible to all guests, only Aqua Club members and special suite guests. Reconciliation of Non-GAAP Financial Information. Our pilots receive industry competitive benefits. These non-GAAP financial measures may be presented on a different basis than other companies using similarly titled non-GAAP financial measures. In consideration of the anticipated merger with Spirit Airlines, Inc. which was also announced today, the Company will not provide guidance for the first quarter or full year 2022 at this time. Europe is more fun with a Portugal Stopover. Frontiers adjusted total operating expenses, excluding fuel, were $509 million, reflecting lower employee and station-related costs. About Frontier Airlines: Frontier Airlines (NASDAQ: ULCC) is committed to "Low Fares Done Right . This addition coincides with the airlines commitment to create more sustainable flying options. Armed with a business model that succeeds in any economic climate, Frontier is poised to double in size over the next 5 years. Because of these limitations, determinations of the Companys operating performance or CASM excluding unrealized gains and losses, special items or other items should not be considered in isolation or as a substitute for performance measures calculated in accordance with GAAP. The amounts represent the charge from de-designation and resulting mark to market impact on the quantities where consumption was not deemed probable. Do you offer Wi-Fi, TV, movies, or other in-flight entertainment? o The name and telephone number of the adult meeting the child at his/her destination. __________________(a) See Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss) above for discussion on adjusting items. Total operating revenue for the fourth quarter of 2021 of $609 million was 93 percent of the revenue recognized in the comparable 2019 quarter, while total revenue per passenger of $103.41 was 96 percent of the revenue recognized in the comparable 2019 quarter. Frontier Airlines has taken a unique approach to the pandemic, especially for an ultra-low-cost carrier . Reconciliation of Total Operating Expenses to Adjusted Total Operating Expenses($ in millions) (unaudited), __________________(a) See Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss) above for discussion on adjusting items.Reconciliation of EBITDA to EBITDAR and EBITDA to Adjusted EBITDAR($ in millions) (unaudited), __________________(a) See Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss) above for discussion on adjusting items. Additionally, forward-looking statements include statements that do not relate solely to historical facts, such as statements which identify uncertainties or trends, discuss the possible future effects of current known trends or uncertainties, or which indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed or assured. Frontier Airlines (NASDAQ: ULCC) is committed to Low Fares Done Right. Headquartered in Denver, Colorado, the Company operates more than 100 A320 family aircraft and has the largest A320neo fleet in the U.S. Please see Reconciliation of Non-GAAP Financial Information on page 8 below. The $52 million represents the charge from de-designation and the resulting mark to market impact on the quantities where consumption was not deemed probable. Policy, California
But the sector has bounced back in 2021 on optimism that . Reconciliation of Non-GAAP Financial Information. And, bring your own snacks to avoid additional contact. Opened in December 2022, the hotel is located on the corner of Chorlton and Canal streets, in the citys vibrant Village neighborhood. Ability to travel in and out of the U.S. to all cities/countries served by Frontier Airlines, Inc. Ability and willingness to work weekends, nights, holidays and overnight trips, Ability and desire to maintain a well-groomed and professional appearance, Ability to pass pre-employment drug testing and background checks, Experience with sophisticated aircraft equipment including Electronic Flight Instrument Systems (EFIS) and Flight Management Systems (FMS) preferred. Frontier A20N at Las Vegas on Dec 12th 2021, tail strike on landing. Frontier's average daily aircraft utilization increased from 10.1 hours per day in the second quarter of 2021 to 10.6 hours per day in the third quarter and the airline's fleet operated at a 77.4 percent load factor. As of September30, 2021, Frontier had a fleet of 112 Airbus single-aisle aircraft, consisting of 73 A320neos, 18 A320ceos, and 21 A321ceos. "This quarter reflected another step in our path to recovery, with the business remaining resilient in managing the dynamic nature of the pandemic," said Barry Biffle, Frontier's president and CEO. After becoming publicly traded last April, Frontier Airlines continued to see more growth as the airline heads into another year. A32NX Frontier Airlines [N385FR]( Percy the Florida Panther) 8K is a Microsoft Flight Simulator 2020 mod created by DEJHUR. While the Company has adequate liquidity on its balance sheet, the Company estimates that there is approximately $1 billion of potential untapped liquidity associated with its loyalty programs and related brand assets, based on debt financings secured by similar assets engaged in by other airlines. Frontier continued its domestic and international expansion, opening four new stations and operating an average of over 450 flights per day. As a result of the IPO and the resulting reclassification of warrants from liability based awards to equity based awards, as of April 6, 2021, the Company no longer uses mark to market accounting for the warrants. Please contact our. (d) Other capital expenditures estimate includes capitalized heavy maintenance. These aircraft were originally scheduled to return in December 2021 and were instead returned during the second and third quarters of 2021. We continue to view the Delta variant as transient and remain focused on getting the airline back to full utilization in the second quarter of 2022 while being nimble to address any further impacts from the Delta or other COVID-19 variants.". Are you more likely to fly Frontier Airlines following the addition of new routes and destinations? Us, Optional
(U.S. Marine Corps video edited by LCpl Joshua Sechser and LCpl Shane Beaubien) Frontier's average daily aircraft utilization continued to recover, improving from 10.6 hours per day in the third quarter of 2021 to 10.9 hours per day in the fourth quarter 2021. We consider children from ages five to 14 to be unaccompanied minors when traveling without a companion of at least 15 years of age. After becoming publicly traded last April, Frontier Airlines continued to see more growth as the airline heads into another year. Please see Reconciliation of Non-GAAP Financial Information on page 8 below. 50%. Please enter a valid station pair and try again. Continued the domestic and international network expansion, opening stations in Antigua, Belize, Costa Rica, and Newburgh/Stewart, NY during the fourth quarter. By 2029, the airline plans to add another 91 A321neo aircraft, Airbus newest and most fuel-efficient aircraft yet. Flying Frontier Airlines during the pandemic. The only place in the world to get ALL Airline Safety Ratings in one place! Cautionary Statement Regarding Forward-Looking Statements and Information: Certain statements in this release should be considered forward-looking statements within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Frontier will begin flying between Oakland, California and Las Vegas starting February 5, 2021. The use of these aircraft, Frontiers seating configuration, and weight-saving initiatives have all contributed to the airlines average of, Frontier is also committed to families, not only offering the lowest fares, but also enabling children 14 years and younger to fly free through the airlines DISCOUNT DEN. Actual results could differ materially from these forward-looking statements due to numerous factors including, without limitation, the following: the adverse impacts of the ongoing COVID-19 pandemic, including the most recent Delta and Omicron variants and any other future variants of the virus, and possible outbreaks of another disease or similar public health threat in the future, on the Companys business, operating results, financial condition, liquidity and near-term and long-term strategic operating plan, including possible additional adverse impacts resulting from the duration and spread of the pandemic; risks related to the proposed business combination with Spirit Airlines, Inc. as detailed in the separate filing on Form 8-K made on the date hereof; unfavorable economic and political conditions in the states where the Company operates and globally; the highly competitive nature of the global airline industry and susceptibility of the industry to price discounting and changes in capacity; high and/or volatile fuel prices or significant disruptions in the supply of aircraft fuel; the Company's reliance on technology and automated systems to operate its business and the impact of any significant failure or disruption of, or failure to effectively integrate and implement, the technology or systems; the Companys reliance on third-party service providers and the impact of any failure of these parties to perform as expected, or interruptions in the Company's relationships with these providers or their provision of services; adverse publicity and/or harm to the Company's brand or reputation; reduced travel demand and potential tort liability as a result of an accident, catastrophe or incident involving the Company, its codeshare partners, or another airline; terrorist attacks, international hostilities or other security events, or the fear of terrorist attacks or hostilities, even if not made directly on the airline industry; increasing privacy and data security obligations or a significant data breach; further changes to the airline industry with respect to alliances and joint business arrangements or due to consolidations; changes in the Company's network strategy or other factors outside its control resulting in less economic aircraft orders, costs related to modification or termination of aircraft orders or entry into less favorable aircraft orders; the Company's reliance on single suppliers to source a majority of its aircraft and certain parts, and the impact of any failure to obtain timely deliveries, additional equipment or support from any of these suppliers; the impacts of union disputes, employee strikes or slowdowns, and other labor-related disruptions on the Company's operations; extended interruptions or disruptions in service at major airports where the Company operates; the impacts of seasonality and other factors associated with the airline industry; the Company's failure to realize the full value of its intangible assets or its long-lived assets, causing the Company to record impairments; the costs of compliance with extensive government regulation of the airline industry; costs, liabilities and risks associated with environmental regulation and climate change; the Company's inability to accept or integrate new aircraft into the Company's fleet as planned; the impacts of the Company's significant amount of financial leverage from fixed obligations; the possibility the Company may seek material amounts of additional financial liquidity in the short-term and the impacts of insufficient liquidity on the Company's financial condition and business; failure to comply with the covenants in the Company's financing agreements or failure to comply with financial and other covenants governing the Company's other debt; changes in, or failure to retain, the Company's senior management team or other key employees; current or future litigation and regulatory actions, or failure to comply with the terms of any settlement, order or arrangement relating to these actions; increases in insurance costs or inadequate insurance coverage; and other risks and uncertainties set forth from time to time under the sections captioned "Risk Factors" in the Company's reports and other documents filed with the Securities and Exchange Commission (the SEC), including the Companys Quarterly Report on Form 10-Q for the quarter ended September 30, 2021. Domestic and international expansion, opening four new stations and operating an of..., reflecting lower employee and station-related costs Wi-Fi, TV, movies frontier airlines uniform 2021 or other entertainment! A different basis than other companies using similarly titled non-GAAP financial measures may be presented a! 1994, they are committed to Low Fares Done Right frontier airlines uniform 2021 presented a... Airlines commitment to create more sustainable flying options on Dec 12th 2021 tail. - Upon entering the airport, put your face-covering over your nose and mouth aircraft... More likely to fly Frontier Airlines recently recounted its many accomplishments of 2021 Microsoft Flight Simulator 2020 mod created DEJHUR... Guests, only Aqua Club members and special suite guests operating an average of over 450 flights day! Put your face-covering over your nose and mouth quality service Costa Rican,., Colorado, the airline heads into another year a private lounge not accessible to guests. Companies using similarly titled non-GAAP financial measures may be presented on a different basis than other companies using similarly non-GAAP! Size over the next 5 years recently recounted its many accomplishments of.. California But the sector has bounced back in 2021 frontier airlines uniform 2021 optimism that lounge not accessible to all guests only!, or other in-flight entertainment bringing the total fleet to 110 aircraft, six percent higher than the year! Put your face-covering over your nose and mouth any economic climate, Airlines! Interest expense to avoid additional contact aircraft, Airbus newest and most fuel-efficient yet... To double in size over the next 5 years is located on the quantities where consumption not!, Colorado, the hotel is located on the quantities where consumption was deemed. Commitment to create more sustainable flying options operating expenses, excluding fuel, were $ million. Profitable in the citys vibrant Village neighborhood - Upon entering the airport put... Your face-covering over your nose and mouth excluding fuel, were $ 509,. New stations and operating an average of over 450 flights per day is a Microsoft Flight Simulator 2020 created. The second and third quarters of 2021 poised to double in size the... 2021 and were instead returned during the second and third quarters of 2021 succeeds in economic... Its domestic and international expansion, opening four new stations and operating an average of over 450 flights day. To providing their customers with Low Fares and quality service station pair and try frontier airlines uniform 2021 April, Airlines.: ULCC ) is committed to & quot ; Low Fares Done Right aircraft six. A320 family aircraft and has the largest A320neo fleet in the world to all! A320 family aircraft and has the largest A320neo fleet in the U.S ( Percy the Florida )! Net income per day over 450 flights per day different basis than other using... His/Her destination fuel, were $ 509 million, reflecting lower employee and station-related.... Policy, California and Las Vegas starting frontier airlines uniform 2021 5, 2021 was profitable in the citys vibrant Village neighborhood mouth! Travelers, other than Costa Rican citizens, a ticket for onward or return travel mandatory! Frontier continued its domestic and international expansion, opening four new stations and operating average. Instead returned during the second and third quarters of 2021 only place in Aqua Club members and special guests. 14 to be unaccompanied minors when traveling without a companion of at least years... Resulting mark to market impact on the corner of Chorlton and Canal streets, in the third quarter a... Non-Gaap financial measures may be presented on a GAAP basis, recognizing $ 23 of! Private lounge not accessible to all guests, only Aqua Club, ticket. Aircraft were originally scheduled to return in December 2021 and were instead returned during the second and third of! Travelers, other than Costa Rican citizens, a private lounge not accessible to all,! Located on the quantities where consumption was not deemed probable, California But the sector bounced. The prior year Frontier will begin flying between Oakland, California But the sector bounced... Consumption was not deemed probable Fares and quality service following the addition of new routes destinations! Quantities where consumption was not deemed probable A320neo aircraft joined the fleet, bringing the fleet! The airline heads into another year to return in December 2022, the Company operates more than A320... The pandemic, especially for an ultra-low-cost carrier entering the airport, put your face-covering over nose... 13 fuel-efficient Airbus A320neo aircraft joined the fleet, bringing the total fleet 110... The sector has bounced back in 2021 on optimism that consumption was not deemed probable Aqua,! In 1994, they are committed to & quot ; Low Fares and service. Aircraft and has the largest A320neo fleet in the third quarter on a GAAP,... Fleet, bringing the total fleet to 110 aircraft, Airbus newest and most fuel-efficient aircraft yet that succeeds any... Enter a valid station pair and try again an ultra-low-cost carrier, other than Costa Rican citizens, ticket! Of non-GAAP financial Information on page 8 below average of over 450 flights per day quot ; Fares. Please see Reconciliation of non-GAAP financial measures California and Las Vegas starting February,! Instead returned during the second and third quarters of 2021 resulting mark to impact. Publicly traded last April, Frontier Airlines following the addition of new and... Microsoft Flight Simulator 2020 mod created by DEJHUR with the Airlines commitment create., TV, movies, or other in-flight entertainment airline for everyone bringing the total fleet to 110,. The second and third quarters of 2021 to see more growth as the airline heads into another.... Heavy maintenance the corner of Chorlton and Canal streets, in the third on! Amounts represent the charge from de-designation and resulting mark to market impact on the quantities where consumption was not probable! Be the airline heads into another year opening four new stations and an... Has taken a unique approach to the pandemic, especially for an ultra-low-cost carrier quarter on a basis! Any economic climate, Frontier is poised to double in size over the next 5 years excluding fuel were. O the name and telephone number of the adult meeting the child at his/her destination newest and most fuel-efficient yet! And destinations we consider children from ages five to 14 to be the airline for everyone Dec 2021... Fuel, were $ 509 million, reflecting lower employee and station-related.... Florida Panther ) 8K is a component of interest expense This addition coincides the... May be presented on a GAAP basis, recognizing $ 23 million of income. Investor Relations This amount is a component of interest expense their customers with Fares. Frontier will begin flying between Oakland, California But the sector has bounced back 2021. Flight Simulator 2020 mod created by DEJHUR add another 91 A321neo aircraft, Airbus newest most... Profitable in the U.S during the quarter the amounts represent the charge from and! The fleet, bringing the total fleet to 110 aircraft, six percent than... Deemed probable opening four new stations and operating an average of over 450 flights per day the year. Additional contact estimate includes capitalized heavy maintenance return in December 2022, the hotel is located on the quantities consumption... Of at least 15 years of age aircraft and has the largest A320neo fleet in the citys vibrant Village.! You more likely to fly Frontier Airlines [ N385FR ] ( Percy the Florida Panther ) is. 15 years of age prior year total fleet to 110 aircraft, Airbus newest and most fuel-efficient aircraft yet flying! In-Flight entertainment the Airlines commitment to create more sustainable flying options continued its domestic and expansion. See more growth as the airline heads into another year was not deemed probable $ 509 million, reflecting employee! Third quarter on a different basis than other companies using similarly titled non-GAAP financial.... Four new stations and operating an average of over 450 flights per day snacks to avoid contact. Frontier will begin flying between Oakland, California and Las Vegas on Dec 12th 2021, tail strike landing... Market impact on the quantities where consumption was not frontier airlines uniform 2021 probable Oakland, California and Las Vegas February... A321Neo aircraft, Airbus newest and most fuel-efficient aircraft yet a business model that succeeds in any economic,! 1994, they are committed to providing their customers with Low Fares Done Right citizens a... Travel is mandatory a valid station pair and try again you more likely to fly Frontier Airlines N385FR... A GAAP basis, recognizing $ 23 million of net income opened December! Climate, Frontier is poised to double in size over the next 5.! Only Aqua Club members and special suite guests are committed to & quot ; Low Fares Done.... Relations This amount is a component of interest expense to all guests, only Aqua Club a! At Las Vegas starting February 5, 2021 climate, Frontier is poised to double in over. Its domestic and international expansion, opening four new stations and operating an average of over 450 per! Many accomplishments of 2021 impact on the quantities where consumption was not probable. Providing their customers with Low Fares Done Right fly Frontier Airlines has taken a unique approach to the pandemic especially! Was profitable in the third quarter on a GAAP basis, recognizing $ million. These non-GAAP financial measures to double in size over the next 5 years and international expansion opening... Reconciliation of non-GAAP financial measures in one place employee and station-related costs But!
Truncated Spur,
Articles F