Showing posts with label Frontier. Show all posts
Showing posts with label Frontier. Show all posts

12 March, 2024

Frontier Airlines Introduces New UpFront Plus Seating

New upgraded seating in first two rows will provide extra leg and elbow room and ensure customers are first off the aircraft

Introductory upgrade pricing starts at $49 per passenger, per flight segment


Frontier Airlines Introduces New UpFront Plus Seating
Ultra-low fare carrier Frontier Airlines today announced the introduction of UpFront Plus, a new upgraded seating option with extra space and comfort in the first two rows of the aircraft. Customers in UpFront Plus will enjoy a window or aisle seat with extra legroom and a guaranteed empty middle seat, providing additional personal space and comfort at an exceptional value.

Starting today, customers can upgrade to UpFront Plus seating for flights departing on or after April 10, 2024, by reserving seats on the Frontier mobile app or at FlyFrontier.com. As a special introductory offer, UpFront Plus seating upgrades will be available starting at only $49 per passenger, per flight segment for travel between April 10 and April 30, 2024, when purchased by March 20, 2024*. Seats are limited and restrictions apply.

“Many consumers strongly prefer a seating option that offers extra space when flying,” said Barry Biffle, CEO, Frontier Airlines. “Frontier is all about choice and giving consumers the flexibility to customize their travel to suit their individual needs and preferences. UpFront Plus is a great option for those who want expanded personal space and extra comfort.”

07 March, 2024

Bobby Schroeter becomes Senior Vice President – Chief Commercial Officer of Frontier Airlines

U.S. budget carrier Frontier Airlines confirmed the appointment of Bobby Schroeter to the position of Senior Vice President – Chief Commercial Officer with effect of 25th March.  

In his new role, Schroeter will oversee the airline’s commercial division which includes pricing and revenue management, network planning, and marketing. He will report to Frontier President James Dempsey.

Prior to joining Frontier, Schroeter spent nearly two decades at Spirit Airlines where he held several leadership positions, most recently serving as their Senior Vice President, Chief Marketing Officer. His earlier career also includes roles in revenue management, marketing, and e-commerce roles with various companies, including America West and US Airways.

“We are excited for Bobby to bring his exceptional talents to our team as we continue to focus on growing our revenues through product innovation, network expansion and deeper, more meaningful relationships with our customers,” said Frontier CEO Barry Biffle.  

Schroeter holds a Bachelor of Arts degree in Economics from the University of Virginia.




07 February, 2024

Top level changes at Frontier Airlines.....


Frontier Airlines has made some key changes in its executive leadership team, the carrier confirmed this week. Howard Diamond has been promoted to Executive Vice President, Legal and Corporate Affairs; Steve Schuller has been named Senior Vice President, Human Resources; and Jeffrey Moore has been promoted to Vice President, Technical Operations.

Diamond and Schuller’s promotions became effective February 1, 2024 and Moore’s promotion becomes effective March 15, 2024. Diamond and Schuller report to Frontier CEO Barry Biffle. Moore reports to Senior Vice President of Operations Trevor Stedke.

Diamond has served as the company’s Senior Vice President, General Counsel and Corporate Secretary since 2014. Prior to that he served as Vice President, General Counsel and Corporate Secretary of Thales USA, Inc., as well as Chief Counsel at BAE Systems Land and Armaments, f/k/a United Defense, LP. He began his legal career as an officer in the U.S. Army JAG Corps, after which he served as a litigation associate at the law firm Sherman & Howard. Diamond holds a B.A. from Wesleyan University and a J.D. from the University of Virginia School of Law.

Schuller joined Frontier in September 2018 as Vice President, Human Resources. He has more than 30 years of HR expertise, having worked in leadership roles for a variety of companies from entrepreneurial start-ups to global corporations, including Wyndham Worldwide and JC Penney. Prior to joining Frontier, Schuller served as Vice President of Talent and Chief Learning Officer for Catapult Health, a national healthcare company focused on worksite preventative health. He holds a bachelor’s degree from Cornell University.

06 February, 2024

Frontier Airlines Fourth Quarter 2023 Results......

Frontier Group Holdings, parent company of Frontier Airlines, Inc. reported financial results for the fourth quarter and full year 2023  this week.


Frontier Airlines Fourth Quarter 2023 Key Highlights:


Pre-tax margin was 0.7 percent and adjusted (non-GAAP) pre-tax margin was 0.8 percent
Total operating revenues were $891 million, 2 percent lower than the comparable 2022 quarter
Cost per available seat mile (“CASM”) was 8.93 cents, 10 percent lower than the comparable 2022 quarter, and adjusted (non-GAAP) CASM (excluding fuel) was 5.90 cents, 8 percent lower than the comparable 2022 quarter
Achieved a 99.5 percent completion factor during the quarter, and the highest on-time arrivals and departures since 2015 (excluding pandemic-year 2020) in the month of December
Took delivery of four A321neo aircraft during the fourth quarter, increasing the proportion of the fleet comprised of the more fuel-efficient A320neo family aircraft to 79 percent as of December 31, 2023, the highest of all major U.S. carriers
Generated 105 available seat miles (“ASMs”) per gallon, approximately 3 percent higher than the comparable 2022 quarter, reaffirming Frontier's position as the most fuel-efficient of all major U.S. carriers and its ongoing commitment to being “America's Greenest Airline” as measured by ASMs per fuel gallon consumed
Unveiled a reimagined Frontier Miles loyalty program for 2024 enabling customers to “Get it All for Less” and earn the highest rate in the industry on total eligible purchases
Announced new crew bases at Cleveland Hopkins, Cincinnati/Northern Kentucky International, Chicago O'Hare/Midway and San Juan, Puerto Rico (announced January 2024)
Announced new routes and expanded operations from 10 bases, consistent with the Company's strategy to focus growth on overpriced and underserved markets

“Fourth quarter results significantly outperformed guidance on strong operational performance and cost execution, providing a solid foundation as we enter 2024,” commented Barry Biffle, Chief Executive Officer. “Leveraging this momentum, we intend to expand profitability in 2024 by executing on our network simplification plan, focusing growth on overpriced and underserved markets, further diversifying our revenue stream, enhancing customer engagement, and further lowering our unit costs. I'm proud of Team Frontier for their outstanding performance and for their commitment to deliver Low Fares Done Right.”

16 August, 2023

Cloud joins the Frontier Airlines fleet


Aviation Capital Group has this week announced the delivery of one new Airbus A321neo aircraft on long-term lease to Frontier Airlines. Powered by the ultra-efficient Pratt & Whitney GTF engines, this is the sixth of seven A321neo aircraft scheduled to deliver to the airline from ACG’s order book with Airbus. Traditional to Frontier Airlines, this A321neo will unveil a new special livery with “Cloud, THE THREE-WATTLED BELLBIRD” painted on the tail.

05 August, 2023

The latest results from Frontier Airlines have been released....


Frontier Group Holdings, the parent company of Frontier Airlines, has this week reported financial results for the second quarter of 2023 and issued guidance for the third quarter and full year 2023.

Second Quarter 2023 Summary:

Achieved total operating revenues of $967 million, six percent higher than the 2022 quarter
Cost per available seat mile ("CASM") improved 20 percent over the 2022 quarter
Adjusted CASM (excluding fuel), a non-GAAP measure, improved five percent over the 2022 quarter
Realized a pre-tax margin of 9.1 percent, a post-pandemic record
Generated ancillary revenue of $80 per passenger, $5 higher per passenger than the 2022 quarter
Utilization averaged 11.5 hours per day
Ended the quarter with $780 million of unrestricted cash and cash equivalents
Took delivery of three A321neo aircraft during the second quarter, increasing the proportion of the fleet comprised of the more fuel-efficient A320neo family aircraft to 75 percent as of June 30, 2023, the highest of all major U.S. carriers
Generated 103 available seat miles (“ASM”) per gallon, reaffirming Frontier's position as the most fuel-efficient of all major U.S. carriers and its ongoing commitment to being “America's Greenest Airline” as measured by ASMs per fuel gallon consumed
Executed an agreement with CleanJoule to purchase up to 30 million gallons of sustainable aviation fuel, further demonstrating the Company's commitment to reduce carbon emissions in air transportation
Launched 26 new routes during the quarter, including new routes from Atlanta, Baltimore, Chicago Midway, Cleveland, Detroit, Houston, Orlando, San Juan, St. Thomas and Tampa, giving customers greater access to Frontier's Low Fares Done Right
“Results this quarter reflect strong execution by Team Frontier. Our earnings before tax delivered our highest post-pandemic, pre-tax margin on 36 percent capacity growth and 35 additional aircraft compared to the 2019 quarter, and we delivered a five percent improvement in non-fuel adjusted unit costs over the prior year quarter," commented Barry Biffle, President and CEO. "I'm proud of the strong work ethic of Team Frontier employees as we managed through the challenging conditions presented by June weather. We are focused on delivering Low Fares Done Right, including sustaining our cost advantage over the industry as we grow the airline.”

Frontier took delivery of three A321neo aircraft during the second quarter of 2023, increasing the proportion of the fleet comprised of the more fuel-efficient A320neo family aircraft to 75 percent as of June 30, 2023, the highest of all major U.S. carriers. The A321neo is expected to unlock meaningful scale efficiencies by way of fuel savings and higher average seats per departure. As of June 30, 2023, approximately 70 percent of future committed aircraft deliveries, including direct leases, are for A321neo aircraft. As of June 30, 2023, the Company had commitments for an additional 222 aircraft to be delivered through 2029, including purchase commitments for 67 A320neo aircraft and 150 A321neo aircraft as well as commitments for another 5 A321neo aircraft through direct leases.

31 July, 2023

Frontier Airlines gets another new Airbus A321neo on lease from Aviation Capital Group.

Aviation Capital Group announced today, the delivery of one new Airbus A321neo aircraft on long-term lease to Frontier Airlines. Powered by the ultra-efficient Pratt & Whitney GTF engines, this is the fifth of seven A321neo aircraft scheduled to deliver to the airline from ACG’s order book with Airbus. Traditional to Frontier Airlines, this A321neo will unveil a new special livery with “Wilhelm, THE STELLER’S EIDER” painted on the tail.


30 May, 2023

Frontier Airlines get another Airbus A321neo......


Frontier Airlines has taken a new Airbus A321neo jet on a long-term lease from the aircraft leasing giant Aviation Capital Group LLC.  The super fuel efficient Airbus aircraft is powered by the Pratt & Whitney GTF engines and is the third of seven A321neo aircraft scheduled to be delivered from ACG’s order book with Airbus. Traditional to Frontier Airlines, this A321neo will unveil a new special livery with “Sierra The Bighorn Sheep” painted on the tail.

Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with approximately 470 owned, managed and committed aircraft as of December 31, 2022, leased to roughly 95 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation. 


21 February, 2023

Frontier Airlines selects CAE for next-generation flight operations software

Frontier Airlines selects CAE for next-generation flight operations software


CAE Flight Operations Solutions announced that it has signed a 10-year agreement to equip Frontier Airlines with CAE's next generation of flight operations solutions. With implementation scheduled to begin later this year, CAE's cloud-based Operations Control, Crew Management and Flight Management solutions will support Frontier with the latest and most feature-rich operations software available today.

Frontier Airlines becomes the latest airline in North America to move to CAE's portfolio of next-generation solutions - the first since the acquisition of the Sabre AirCentre business in February 2022. CAE's solutions will enable Frontier to take advantage of the latest-available technology, driving step-change improvements in performance over legacy software in the optimization of flight plans, aircraft usage, and crew communication and engagement.

"We are thrilled to partner with CAE and begin integrating the latest versions of their industry-leading, comprehensive software solution," said Brad Lambert, Vice President, Flight Operations, Frontier Airlines. "As we have seen in the industry over the last few years, updating core operational software is imperative to optimize flight operations, identify flight planning efficiencies and more quickly manage disruptions and recovery."

11 February, 2023

Frontier Airlines reported strong revenue performance in the fourth quarter.

Frontier Group Holdings - the parent company of Frontier Airlines, Inc., today reported profitable results for the fourth quarter of 2022 on strong revenue performance, including record ancillary revenue per passenger, and an improvement in unit costs.



Fourth Quarter 2022 Highlights

  • Achieved total operating revenues of $906 million, 38 percent higher than the 2019 quarter on 15 percent higher capacity resulting in a 21 percent increase in revenue per available seat mile ("RASM") over the same period
  • Generated record ancillary revenue of $82 per passenger, 41 percent higher than the 2019 quarter and five percent higher than the prior quarter
  • Since exiting the pandemic, realized the lowest cost per available seat mile ("CASM") of 9.93 cents, CASM (excluding fuel), a non-GAAP measure, of 6.43 cents, and adjusted (non-GAAP) CASM (excluding fuel) of 6.40 cents
  • Realized a pre-tax margin of 5.5 percent and an adjusted (non-GAAP) pre-tax margin of 5.7 percent
  • Ended the quarter in a strong liquidity position with $761 million of unrestricted cash and cash equivalents, or $332 million net of total debt
  • Took delivery of two A320neo and three A321neo aircraft during the fourth quarter, increasing the proportion of the fleet comprised of the more fuel-efficient A320neo family aircraft to 72 percent as of December 31, 2022, among the highest of all major U.S. carriers
  • Generated 103 available seat miles ("ASM") per gallon, making Frontier the most fuel efficient of all major U.S. carriers and affirming its ongoing commitment to being "America's Greenest Airline"
  • Expanded service in 16 domestic markets, including six new routes from Phoenix Sky Harbor International Airport to coincide with the November 2022 opening there of a crew base, and six international markets
  • Announced new Dallas-Fort Worth crew base expected to open in May 2023 along with five new routes
  • Launched GoWild All-You-Can-Fly Pass, providing passengers an opportunity for an unlimited number of flights to all Frontier domestic and international destinations

“Fourth quarter results were strong, underpinned by record ancillary revenue and meaningful improvements in CASM and utilization," commented Barry Biffle, President and CEO. “Moving into 2023, we intend to bolster our competitive edge by driving further improvement in ancillary revenue per passenger and unit costs. Today, our total cost advantage over the industry average is wider than it was in 2019, and I expect it will widen further this year. With these contributing factors, I'm confident we're on track to return the airline to the pre-pandemic profit levels per plane on a run-rate basis in the second half of 2023.

"I'm extraordinarily proud of Team Frontier for their tireless contributions in 2022 as we encountered repeated, uncontrollable operational challenges, including the recent winter storm Elliott. Our team overcame treacherous weather conditions, worked extended shifts and managed customer disruptions to get them to their destinations safely. I couldn't be more confident in Team Frontier and our future together as America's ultra-low-cost carrier."

03 February, 2023

Frontier Airlines gets a brand new Airbus A321neo aircraft......


Aviation Capital Group has delivered a brand new Airbus A321neo aircraft on long-term lease to Frontier Airlines. This jet is powered by the ultra-efficient Pratt & Whitney GTF engines and is the first of seven A321neo aircraft scheduled to deliver to the airline from ACG’s order book with Airbus. Traditional to Frontier Airlines, this A321neo has a new special livery with “Ozzy the Orca” painted on the tail.

“We are delighted to deliver this new Airbus A321neo aircraft to Frontier Airlines, and we look forward to continuing to build on our strong relationship with the airline,” said Ross Campbell, Vice President of Marketing for ACG. “This aircraft will provide fuel efficiency, passenger comfort, and supports Frontier Airlines’ commitment to ensuring the sky is for everyone – offering a superior level of ultra-low-cost service.”

“We are pleased to expand our long and valued relationship with ACG through the delivery of this new A321neo,” said Robert Fanning, Vice President - Fleet, Frontier Airlines. “The highly fuel-efficient A321neo aircraft are helping to further our sustainability mission as America’s Greenest Airline as we continue to expand our fleet.”

Aviation Capital Group was founded in 1989 and is one of the world’s premier full-service aircraft asset managers with approximately 480 owned, managed and committed aircraft as of September 30, 2022, which are leased to approximately 90 airlines in approximately 45 countries. ACG is a wholly owned subsidiary of Tokyo Century Corporation.









01 February, 2023

Another Airbus A321neo delivered to Frontier Airlines


Aviation Capital Group has delivered a brand new Airbus A321neo aircraft on long-term lease to Frontier Airlines. This jet is powered by the ultra-efficient Pratt & Whitney GTF engines and is the first of seven A321neo aircraft scheduled to deliver to the airline from ACG’s order book with Airbus. Traditional to Frontier Airlines, this A321neo has a new special livery with “Ozzy the Orca” painted on the tail.

“We are delighted to deliver this new Airbus A321neo aircraft to Frontier Airlines, and we look forward to continuing to build on our strong relationship with the airline,” said Ross Campbell, Vice President of Marketing for ACG. “This aircraft will provide fuel efficiency, passenger comfort, and supports Frontier Airlines’ commitment to ensuring the sky is for everyone – offering a superior level of ultra-low-cost service.”

“We are pleased to expand our long and valued relationship with ACG through the delivery of this new A321neo,” said Robert Fanning, Vice President - Fleet, Frontier Airlines. “The highly fuel-efficient A321neo aircraft are helping to further our sustainability mission as America’s Greenest Airline as we continue to expand our fleet.”

Aviation Capital Group was founded in 1989 and is one of the world’s premier full-service aircraft asset managers with approximately 480 owned, managed and committed aircraft as of September 30, 2022, which are leased to approximately 90 airlines in approximately 45 countries. ACG is a wholly owned subsidiary of Tokyo Century Corporation.









01 November, 2022

U.S. loc-cost-carrier Frontier Airlines reported a quarterly profit for the third quarter of 202

Photo Frontier 
Frontier Airlines, Inc., has reported a quarterly profit for the third quarter of 2022, its second consecutive quarterly profit, underpinned by record ancillary revenue per passenger and an improvement in unit costs.


Total operating revenue for the third quarter of 2022 was $906 million, 35 percent higher than the corresponding quarter in 2019. Ancillary revenue per passenger during the quarter was a record $78, 38 percent higher than the corresponding quarter in 2019, contributing to a 26 percent increase in revenue per available seat mile ("RASM") over the same period. Operating expenses totalled $850 million or 10.57 cents of costs per available seat mile ("CASM") during the third quarter, which was 11 percent lower than the prior quarter. Comments about relative operating statistics exclude pandemic-affected quarters during 2020.

Earnings before taxes for the quarter were $58 million, while adjusted (non-GAAP) earnings before taxes were $47 million, reflecting a pre-tax margin of 6.4 percent and an adjusted pre-tax margin of 5.2 percent (on a non-GAAP basis excluding special items). Net income for the third quarter of 2022 was $31 million, or $33 million on an adjusted (non-GAAP) basis.

"We are proud of our 26 percent increase in RASM versus 2019 and the improvement in unit costs versus the second quarter, which delivered an adjusted pre-tax margin of 5.2 percent, nearly double the prior quarter margin," said Barry Biffle, president and CEO. "Further, we achieved another record quarter of $78 of ancillary revenue per passenger."

12 October, 2022

Frontier Airlines officially unveils its first ultra-fuel-efficient Airbus A321neo aircraft

Photo Airbus/Frontier


Frontier Airlines officially unveiled its first ultra-fuel-efficient Airbus A321neo aircraft at an event at Tampa International Airport (TPA) earlier this week. The 240-seat A321neo, powered by Pratt & Whitney’s groundbreaking GTF engines, will be the most fuel-efficient commercial aircraft among any U.S. airline. Frontier’s A321neo’s will generate significantly lower carbon emissions and engine noise, furthering the efforts of America’s Greenest Airline to reduce its environmental footprint.

The aircraft is the first of 158 A321neo’s to be delivered to the ultra-low-cost carrier by leading airplane manufacturer Airbus between now and 2029. Frontier currently has 226 aircraft in total on order which will nearly triple its fleet size by the end of the decade.

“The addition of these new A321neo’s to our fleet will make the greenest airline in the U.S. even greener with these aircraft able to achieve 120 miles per gallon per seat,” said Barry Biffle, president and CEO, Frontier Airlines. “They are the most fuel-efficient aircraft in operation among major U.S. airlines and are capable of delivering immediate, tangible reductions in fuel consumption, carbon emissions and engine noise. Frontier continues to lead the way in reducing fuel consumption and lessening our environmental footprint and the addition of the A321neo to our fleet is another step in that journey,” Biffle added.

Photo Airbus/Frontier

The debut event in Tampa also included the unveiling of a highly striking special-edition aircraft livery, along with the animal featured on the aircraft’s tail – Frederick the Bald Eagle, inspired by Pratt & Whitney and named for its founder Frederick B. Rentschler. Rentschler was a trailblazer in aviation, designing engines that were dramatically lighter and more fuel efficient than their predecessors. All Frontier aircraft feature an animal on their tail, many of them endangered and threatened species.

30 August, 2022

Frontier Airlines launches 10 new routes from Phoenix Sky Harbor International Airport

The U.S. ultra-low fare carrier Frontier Airlines will launch a number of new nonstop services from Phoenix Sky Harbor International Airport to Philadelphia, Baltimore-Washington, Orange County, California, Seattle-Tacoma, Minneapolis-Saint Paul, Portland, Oregon, Fort Lauderdale-Hollywood, Nashville, Indianapolis and Kansas City in November 2022 and January 2023. 

With the new service, Frontier will serve 22 destinations from PHX. Frontier’s continued growth at PHX will be supported through the planned November opening of a new crew base, which is expected to initially employ up to 180 pilots and 275 flight attendants. To celebrate, America’s Greenest Airline is offering fares as low as $19.*

“This major expansion of service from PHX solidifies Frontier’s place as one of Phoenix’s largest airlines,” said Barry Biffle, president and CEO, of Frontier Airlines. “We’re thrilled to offer these new routes serving some of the most popular destinations in America. Our commitment to future growth at PHX is strong as we prepare to open our new crew base in November and introduce this expanded array of convenient, affordable flight options for Phoenix-area consumers.”

“Frontier Airlines is quickly advancing in Phoenix, and these ten new routes mark the growth of business and leisure travellers choosing our great city as a destination,” said Phoenix Mayor Kate Gallego. “We are grateful for the commitment that Frontier has made with its crew base and the employment opportunities it provides. More people will discover why Phoenix is a great vacation destination, business hub, and place to call home.”













09 August, 2022

Denver International Airport and Frontier Airlines take first steps on new facility on east end of concourse A

120,000-Square-Foot Project to Include Variety of Customer-Centric Features and Adjacent Maintenance Facility

Frontier Airlines and Denver International Airport celebrated a ceremonial groundbreaking on Monday for the new 120,000-square-foot ground boarding facility on the east end of Concourse A at Denver International Airport.



Frontier Airlines and Denver International Airport celebrated a ceremonial groundbreaking on Monday for the new 120,000-square-foot ground boarding facility on the east end of Concourse A at Denver International Airport. The project includes the remodelling of 83,000 square feet of space, along with a 37,000 square-foot expansion area. The facility will feature 14 gates and an adjacent 8,000-square-foot maintenance facility.

Frontier President and CEO Barry Biffle, Denver International Airport CEO Phil Washington and City of Denver Councilwoman Stacie Gilmore, along with Frontier mascot Griz the Grizzly Bear, placed shovels in the dirt to mark the project’s ceremonial groundbreaking.

“We’re thrilled to join with our partners at Denver International Airport and the City of Denver to break ground on this new facility, which will provide a beautiful, convenient, customer-centric experience for departing and arriving Frontier passengers,” said Barry Biffle, CEO of Frontier Airlines. “The use of ground boarding will cut boarding and deplaning times in half by allowing customers access to aircraft from the front and rear and will help support our expansion at DEN. As Colorado’s hometown airline, we are excited to further grow our commitment to the Denver community and beyond and offer an exceptional customer experience at DEN.”

“Frontier has served the Denver community for 28 years and has been a tremendous partner to DEN,” said DEN CEO Phil Washington. “The extension of our ground load facility will allow Frontier and DEN to continue to grow, providing more options for travellers. We are thankful for their continued commitment to the airport and community and we look forward to welcoming Frontier passengers for many years to come.”

27 July, 2022

Frontier Airlines Poised for Significant Growth as America’s Ultra-Low Cost Carrier

Frontier Airlines,  highlighted its strong foundation and the significant growth opportunities ahead as a standalone company. In addition, the Company announced an unprecedented deal for customers, offering one million passenger seats from $19.00*.

William A. Franke, the Chair of Frontier’s Board of Directors and the managing partner of Indigo Partners, Frontier’s majority shareholder, commented, “While we are disappointed that Spirit Airlines shareholders failed to recognize the value and consumer potential inherent in our proposed combination, the Frontier Board took a disciplined approach throughout the course of its negotiations with Spirit. We were focused on offering the appropriate value for Spirit, while prioritizing consumers and the best interests of Frontier, our employees and shareholders. As we enter our next chapter, Frontier remains well-positioned to deliver significant value to our shareholders as we serve the growing demand for affordable air travel.”

“As we continue to see a rebound in leisure travel, we have never been more confident in our strategy and prospects than we are today,” said Barry Biffle, President and CEO of Frontier. “Frontier remains America’s lowest-fare, lowest-cost airline that features the industry’s youngest, most fuel-efficient fleet, a robust order book, and a strong balance sheet. With the price-sensitive segment projected to grow, we are just getting started. In fact, today we are announcing a blockbuster sale – offering one million seats from $19.00*, underscoring our commitment to delivering Low Fares Done Right. No one is as cheap as Frontier. Looking ahead, we’ll continue to expand capacity and add new routes as America’s ultra-low-cost airline, and we look forward to creating new jobs and welcoming future employees to Team Frontier.”

Frontier has a strong foundation and clear plan to drive long-term value:

29 June, 2022

Frontier drops Durango


The budget airline Frontier Airlines has confirmed it will cease operations at Durango-La Plata County Airport from 8th August.  The service has lasted just over a year since the carrier started the route in June 2022, which was the first return to the Durango market since 2014.

Aviation Director Tony Vicari said: "We are disappointed that Frontier service to Denver and Las Vegas will end on August 8. However, air service remains strong at Durango-La Plata County Airport. Travellers flying through DRO continue to have access to daily nonstop flights to Dallas and Phoenix on American Airlines, as well as daily nonstop flights to Denver on United Airlines.”

“Frontier’s performance at DRO over the last six months has been lower than expected,” Vicari said. “This weaker than anticipated consumer demand contributed to Frontier’s decision to exit the Durango market at this time.”







Want me in your inbox? Follow here for email updates Air101 here.




28 June, 2022

JetBlue ups its offer for Spirt........maybe the 43rd time will work.....

JetBlue ups bid for Spirit….

There is no doubt that JetBlue’s management have set their hearts on getting the most complained about airline in the U.S. as it battles against Frontier. The New York-based airline has upped its bid yet again – seems like this is the 43rd increase in either amount or conditions associated with the take-over deal they’ve done since they first discussed the buyout over a year ago.

There is also no doubt that the JetBlue offer has drastically over-valued Spirit that will cause the firm huge long term issues if they are successful – the axing transatlantic services is on the cards for next year should the deal go ahead cited one staffer at The Brewster.

•          The main changes to the new offer are Increased accelerated prepayment to $2.50 per share, structured as a cash dividend to Spirit shareholders promptly following the Spirit shareholder vote approving the combination between Spirit and JetBlue (subject to CARES Act limitations).

•          Enhanced reverse break-up feeof $400 million payable to Spirit in the unlikely event the transaction is not consummated for antitrust reasons.

•          Addition of a ticking fee mechanism, which would provide shareholders with a monthly prepayment of $0.10 per share between January 2023 and the consummation or termination of the transaction. This represents an estimated aggregate ticking fee of up to $1.80 per share, of which the first $1.15 per share in payments will offset the reverse break-up fee or the merger consideration. Any payments in excess of the $1.15 per share will be incremental to the total purchase price of $33.50 or the reverse break-up fee. This increases the total transaction consideration to up to $34.15 per share in the event the transaction is consummated and total downside protection to $4.30 per share, or approximately $470 million in the aggregate, in the event the transaction is terminated.

“After the Spirit Board’s failure to recognize our decisively superior offer, we’ve discussed our offer directly with Spirit shareholders and are now modifying our proposal in response to shareholders’ expressed interest, to include a monthly payment for shareholders, with the certainty of a significant cash premium at closing,” said Robin Hayes, chief executive officer, JetBlue.

It has been reported locally that JetBlue staff in Fort Lauderdale are unhappy with possible future working patterns that could seem them working seven days in a row if the takeover of Spirt occurs and are consulting with Union representatives, although we’ve not been able to independently verify this. However, if true it would only be the very start of such conversations and negotiations if a deal is completed according to some staff members of JetBlue.




Want me in your inbox? Follow here for email updates Air101 here.



06 June, 2022

Yet another offer from JetBlue in the battle for Spirit


New York's JetBlue has just submitted yet another improved proposal to the Board of Directors of Spirit to acquire all of the outstanding common stock of Spirit. The new offer offers Spirit stockholders demonstrably superior value, more regulatory protections, and the prepayment of a portion of cash consideration:

Enhanced reverse break-up fee: JetBlue would provide a $350 million ($3.20 per Spirit share1) reverse break-up fee, payable to Spirit in the unlikely event the transaction is not consummated for antitrust reasons. This represents an increase of $150 million, or $1.37 per Spirit share, to the reverse break-up fee JetBlue has previously offered to pay, and is $100 million greater than the amount being offer by Frontier.
Accelerated prepayment of $1.50 per share: JetBlue would prepay $1.50 per share in cash (approximately $164 million) of the reverse break-up fee, structured as a cash dividend to Spirit stockholders promptly following the Spirit stockholder vote approving the combination between Spirit and JetBlue.2
Superior, all-cash premium: JetBlue’s proposal offers Spirit stockholders aggregate consideration of $31.50 per share in cash, comprised of $30 per share in cash at the closing of the transaction and the prepayment of $1.50 per share of the reverse break-up fee.
JetBlue has sent a letter to the Board of Directors of Spirit containing its improved proposal. In the letter, JetBlue CEO Robin Hayes states:

“Combining JetBlue and Spirit would create a true national competitor to the dominant legacy carriers, delivering low fares and a great experience for more customers, more opportunities and good-paying jobs for crew members, and more value for stockholders. The key features of our Improved Proposal – the up-front cash payment and increased reverse break-up fee – reflect the seriousness of our commitment and underscore our confidence in completing this transaction. Additionally, given the similar regulatory risks of the two transactions and the increased reverse break-up fee we are prepared to provide, we believe our Improved Proposal remains a Superior Proposal by any measure.”

Search