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Frontier Airlines, Inc. (Ticker: ULCC) is an ultra low-cost carrier headquartered in Denver, Colorado. The company operates flights across the United States and select near international destinations in the Americas, focusing on affordable air travel combined with dependable customer service. Frontier sells passenger air travel and optional services, leveraging a modern, fuel-efficient fleet to maintain its low-cost structure.
- Passenger Revenue - Provides air travel services to customers across domestic and near international destinations, offering low base fares with optional add-ons for flexibility and convenience.
- Other Revenue - Generates income from ancillary services, including baggage fees, seat selection, and other optional services that enhance the travel experience.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Alexandre Clerc Executive | Senior Vice President, Customers | None | Alexandre Clerc joined Frontier Airlines as SVP, Customers on January 8, 2024. | |
Barry L. Biffle Executive | Chief Executive Officer | None | Barry L. Biffle has been the CEO of Frontier Group Holdings, Inc. since March 2016. He has extensive experience in the air transportation industry, contributing to Frontier's growth as an ultra-low-cost carrier. | View Report → |
Howard M. Diamond Executive | Executive Vice President, Legal and Corporate Affairs, and Corporate Secretary | None | Howard M. Diamond joined ULCC in July 2014 and was promoted to EVP in February 2024. | |
James G. Dempsey Executive | President | None | James G. Dempsey was promoted to President of Frontier Airlines on October 19, 2023. He previously served as EVP and CFO, joining Frontier in 2014. | |
Mark C. Mitchell Executive | Senior Vice President and Chief Financial Officer | None | Mark C. Mitchell joined ULCC in September 2015 as Chief Accounting Officer and was promoted to SVP and CFO in October 2023. | |
Steve Schuller Executive | Senior Vice President, Human Resources | None | Steve Schuller joined Frontier Airlines in September 2018 as VP, Human Resources and was promoted to SVP in February 2024. | |
Trevor J. Stedke Executive | Senior Vice President, Operations | Special Advisor at Shift5 | Trevor J. Stedke has served as SVP, Operations at ULCC since April 2019. He previously held roles at Southwest Airlines. | |
Andrew S. Broderick Board | Director | Managing Director at Indigo Partners LLC; Board Member at Wizz Air Holdings Plc, JetSMART Airlines SpA, APiJET, LLC, Volaris, CleanJoule, Inc. | Andrew S. Broderick has been a director since January 2018. He is a managing director at Indigo Partners LLC and serves on multiple boards. | |
Bernard L. Han Board | Director | Board Member at gategroup Holding AG | Bernard L. Han has been a director since March 2014. He has held significant leadership roles in airlines and telecommunications. | |
Josh T. Connor Board | Director | Founding Partner of Connor Capital SB, LLC; Managing Director at Oaktree Capital Management; Board Member at Copa Holdings SA, Watco Companies LLC, U.S. Rail & Logistics, LLC; Chairman of Neighborhood Property Group, LLC | Josh T. Connor has been a director since August 2015. He holds several roles in investment and transportation companies. | |
Nancy L. Lipson Board | Director | Board Member at Colorado Legal Aid Foundation, Denver CASA | Nancy L. Lipson joined the board on July 1, 2024. She has extensive legal and corporate governance experience. | |
Ofelia Kumpf Board | Director | Board of Trustees at Southern California Public Radio, Ronald McDonald House, Westside Los Angeles | Ofelia Kumpf has been a director since July 2021. She has extensive experience in operations and leadership in the foodservice industry. | |
Patricia Salas Pineda Board | Director | Board Member at Omnicom Group Inc., Portland General Electric Company, Earthjustice, Latino Corporate Directors Association | Patricia Salas Pineda has been a director since June 2016. She has expertise in governmental relations and corporate governance. | |
Robert J. Genise Board | Director | Chairman of White Oak Aviation Management Services, LLC; Board Member at ALOFT AeroArchitects | Robert J. Genise has been a director since March 2014. He has extensive experience in aviation finance and leasing. | |
William A. Franke Board | Chair of the Board of Directors | Managing Partner of Indigo Partners LLC; Chair of Wizz Air Holdings Plc, JetSMART Holdings Limited, APiJET, LLC | William A. Franke has been Chair of the Board since December 2013. He is a managing partner at Indigo Partners LLC and holds several board positions. |
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With your proposal to combine with Spirit Airlines , which is currently in bankruptcy proceedings, what specific risks and challenges do you foresee in completing this transaction, and how might it impact your financial position and strategic objectives?
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Given that ancillary revenue per passenger declined while average fares increased modestly last year , what strategies do you have to reverse the decline in ancillary revenue and ensure balanced growth across both revenue streams?
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Considering that over 20% of your network consisted of immature markets last year , how confident are you in the maturation of these routes to drive expected revenue growth, and what risks do you face if these markets underperform?
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With increased airport costs due to a higher proportion of high-revenue pool stations and reduced aircraft utilization , how do you plan to manage these cost pressures to maintain your commitment to over a 40% cost advantage , and what measures are in place to mitigate these expenses?
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As you aim to achieve at least $1 in adjusted diluted EPS for full year 2025 and double-digit pretax margins by this summer , what are the key risks that could prevent you from reaching these targets, and how are you preparing to address potential challenges such as fuel price volatility and competitive pressures?
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
One of the 'Big Four' carriers, competing on domestic routes with factors such as fare pricing, flight schedules, and customer service being key competitive elements. | |
Part of the 'Big Four' carriers, competing on domestic routes with a focus on fare pricing, flight schedules, and customer service. | |
Included in the 'Big Four' carriers, competing on domestic routes with emphasis on fare pricing, flight schedules, and customer service. | |
Classifies itself as a low-cost carrier and is part of the 'Big Four' carriers, competing on domestic routes. | |
Part of the 'Middle Three' carriers, following its merger with Hawaiian Airlines, and competes on domestic routes. | |
Hawaiian Airlines | Merged with Alaska Airlines to form part of the 'Middle Three' carriers, competing on domestic routes. |
Classifies itself as a low-cost carrier and is part of the 'Middle Three' carriers, competing on domestic routes. | |
A U.S. ultra-low-cost carrier competing in the domestic market. | |
A U.S. ultra-low-cost carrier competing in the domestic market. | |
A U.S. ultra-low-cost carrier competing in the domestic market. | |
Avelo Airlines | A new entrant airline that started operations since 2021, competing in the domestic market. |
Breeze Airways | A new entrant airline that started operations since 2021, competing in the domestic market. |
Recent press releases and 8-K filings for ULCC.
- Frontier achieved record Q1 operating revenues of $912 million (up 5% YoY), marking its best first quarter ever
- The airline reported a net loss of $43 million with a diluted loss per share of $0.19 and a pre-tax loss of $40 million
- Liquidity remained strong at $889 million, while operating expenses reached $958 million at quarter-end
- In response to a demand shock in March, Frontier reduced capacity (targeting low single-digit reductions in Q2) and updated guidance to target a return to profitability in H2 2025
- Fuel expenses declined by 10% to $238 million due to a 13% decrease in average fuel cost, supporting cost management
- The airline enhanced fleet efficiency with 82% of aircraft comprising the A320neo family and delivered four new A321neo aircraft
- The company updated its Q1 2025 guidance, expecting approximately 5% revenue and capacity growth compared to the prior year, with a lower-than-expected revenue increase due to weakened demand and increased fare discounting.
- It anticipates an adjusted pre-tax loss margin of around 5% and an adjusted loss per share in the range of $0.20 to $0.24, based on roughly 227 million weighted-average shares outstanding.
- The report highlights robust liquidity with total liquidity of $885 million (cash and equivalents) plus an additional $205 million available under its revolving credit facility, as of March 31, 2025.