Wednesday 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.

Saturday 5 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 quarterCost per available seat mile ("CASM") improved 20 percent over the 2022 quarterAdjusted CASM (excluding fuel), a non-GAAP measure, improved five percent over the 2022 quarterRealized a pre-tax margin of 9.1 percent, a post-pandemic recordGenerated ancillary revenue of $80 per passenger, $5 higher per passenger than the 2022 quarterUtilization averaged 11.5 hours per dayEnded the quarter with $780 million of unrestricted cash and cash equivalentsTook 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. carriersGenerated 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 consumedExecuted 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 transportationLaunched 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

Monday 31 July 2023
Frontier Airlines gets another new Airbus A321neo on lease from Aviation Capital Group.
Tuesday 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.
Tuesday 21 February 2023
Frontier Airlines selects CAE for next-generation flight operations software
Frontier Airlines selects CAE for next-generation flight operations software
Saturday 11 February 2023
Frontier Airlines reported strong revenue performance in the fourth quarter.
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."
Friday 3 February 2023
Frontier Airlines gets a brand new Airbus A321neo aircraft......

Wednesday 1 February 2023
Another Airbus A321neo delivered to Frontier Airlines

Tuesday 1 November 2022
U.S. loc-cost-carrier Frontier Airlines reported a quarterly profit for the third quarter of 202
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Photo Frontier |
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.

Wednesday 12 October 2022
Frontier Airlines officially unveils its first ultra-fuel-efficient Airbus A321neo aircraft
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.

Tuesday 30 August 2022
Frontier Airlines launches 10 new routes from Phoenix Sky Harbor International Airport

Tuesday 9 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

Wednesday 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:

Wednesday 29 June 2022
Frontier drops Durango
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Tuesday 28 June 2022
JetBlue ups its offer for Spirt........maybe the 43rd time will work.....
• 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.
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Monday 6 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.2Superior, 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.

Friday 3 June 2022
More negotiations and backroom bickering on the battle to take over Spirit.
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Thursday 19 May 2022
Spirit's board still against JetBlue take over deal
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Monday 16 May 2022
JetBlue Urges Spirit Shareholders to Protect Their Interests and ‘Vote No’ on Frontier Transaction
JetBlue has spent a special message to Spirit shareholders asking them to “Vote No” to an inferior deal from Frontier.
Monday 2 May 2022
JetBlue makes its bid to buy Spirit better.....
Superior, all-cash premium: JetBlue’s proposal continues to offer Spirit shareholders $33 in cash per common share, a 47% premium to the value of the Frontier transaction as of April 29, 2022 (a) and a 52% premium to Spirit’s share price as of February 4, 2022 (b) (the last trading day prior to the Spirit-Frontier announcement).
Spirit shareholders will assume a number of risks if the Frontier transaction moves forward:
Frontier is not required to undertake any divestitures to obtain the necessary regulatory approvals to close its transaction, despite having greater overlap with Spirit on nonstop routes than JetBlue does, among other regulatory hurdles.Frontier is not required to pay a reverse break-up fee if the transaction is not consummated for antitrust reasons even though the Frontier transaction has a similar regulatory profile as the proposed transaction with JetBlue.The value of Frontier’s stock, the basis for the transaction’s value to Spirit shareholders, is subject to significant risks and has already declined approximately 14% since Frontier’s offer was announced. Specifically, the value of Frontier’s stock declined from $12.39 on February 4, 2022, to $10.61 on April 29, 2022, which translated into a deterioration of the value of the Frontier transaction of $3.41 per Spirit share or approximately $370 million .The financial projections underpinning the transaction with Frontier are based on unrealistically optimistic assumptions, especially with respect to costs associated with personnel attrition and wage inflation. Their model does not consider any wage increases for team members, including pilots, at a time of high attrition and an anticipated shortage of pilots.
JetBlue Effect 3x Greater than ULCCs; Similar Regulatory Profile to Frontier
JetBlue’s entry into new nonstop routes triggers fare decreases from legacy airlines that are more significant than those resulting from ultra-low-cost carriers (ULCCs) – approximately 16%, or three times the result of ULCCs on legacy nonstop routes – known as the JetBlue Effect.The faster expansion of JetBlue and the JetBlue Effect, coupled with a proposed remedy package and the continued expansion of other ULCCs, will address regulatory concerns that Spirit, the regulators, or the courts may have.Both transactions would result in companies of similar size, creating the No. 5 U.S. airline: JetBlue/Spirit would have a 9% market share based on full year 2022 seats compared to 8% for a combined Frontier/Spirit.Contrary to common misperceptions, JetBlue has significantly less overlap with Spirit in terms of flights, seats, and ASMs than Frontier in the metropolitan areas served by both (c). JetBlue overlaps with Spirit only on 48 nonstop routes compared to Spirit and Frontier’s overlap on 76 nonstop routes (d).The NEA – which JetBlue strongly believes will be allowed to continue because the alliance is delivering the customer benefits promised – is not a factor in this transaction. Given the remedy package, JetBlue's analysis finds that the presence of the NEA would have no meaningful economic effect in a JetBlue-Spirit transaction.
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