Frontier ended the fourth quarter of 2021 with $918million of unrestricted cash and cash equivalents. 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. Frontier's capacity, measured by ASMs, was four percent higher in the fourth quarter compared to the corresponding 2019 quarter. Therefore, we recommend only one adult escort an unaccompanied minor for pick up and drop off. __________________(a) Cost per ASM figures may not recalculate due to rounding(b) See Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss) above for discussion on adjusting items. Frontier has no planned aircraft deliveries during the fourth quarter of 2021. Frontier completed an order of 91 additional A321neo aircraft in November 2021 that are scheduled for delivery between 2023 and 2029. Unaccompanied minors cannot be booked on connecting itineraries or on flights that make a stop enroute. The warrants are expected to be part of the Company's diluted share count under the treasury stock method in future quarters. . 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. 6053 rd Agents are available Monday-Friday from 6:00 a.m. to 9:00 p.m. MST, Saturday from 8:00 a.m. to 5:00 p.m. MST. Policy, California We will provide your child with a safe, comfortable and memorable experience. BOOK YOUR FLIGHT TODAY! Airlines were hit hard in 2020 by the pandemic, with Frontier reporting a loss of $225 million for the year on revenue of $1.25 billion. We're sorry but we won't accept unaccompanied minors who are under five years of age. 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. This fuel efficiency reflects Frontiers operation of a large number of aircraft with new generation, fuel-efficient engines, lightweight seats, and an efficient seating layout. During courtesy boarding, one of our representatives will escort your child onto the plane, assist with any carry-on luggage, and introduce your child to the crew. 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. Because we want to be the airline for everyone. 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. We recommend you feed your child prior to departure or provide your child with a snack to carry on the flight. Check-in took place in Aqua Club, a private lounge not accessible to all guests, only Aqua Club members and special suite guests. See footnote (b) under the caption Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss). Frontier Airlines has taken a unique approach to the pandemic, especially for an ultra-low-cost carrier . 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. __________________(a) See Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss) above for discussion on adjusting items. The amount takes into consideration the additional expected capacity, the Company's continued investment in the recovery, and no aircraft deliveries in the fourth quarter resulting in no aircraft related sale leaseback gains. Summer Pass from ultra-low, DENVER January 31, 2023 Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC) today announced a major expansion of service to Puerto Rico, Frontier Airlines Automatically Seats Children with a Family Member or Adult in Their Party, Frontier Airlines and Pratt & Whitney Name GTF-powered A321neo Edward the Bald Eagle, in Honor of Late Tuskegee Airman Edward Hall, Frontier Airlines Launches GoWild! This guidance is subject to significant risks and uncertainties that could cause actual results to differ materially, including the risk factors discussed in the Company's reports on file with the Securities and Exchange Commission. For formal questions and concerns, please contact us here: https See more About Frontier Airlines: Frontier Airlines is committed to "Low Fares Done Right." Headquartered in Denver, Colorado, the company operates over 95 A See more 758,301 people like this With over 230 new Airbus planes on order, Frontier will continue to grow to deliver on the mission of providing affordable travel across America. 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. With this expansion, Orlando will be Frontier's largest station in terms of daily departures for the winter schedule. Order a Custom Bugatti Baby from The Little Car Company, New Hotel Concept in United Kingdom Offers Coworking, Co-Living and Retail Space, 2023 Mothers Day Luxury, Thoughtful Gifts from Female-Led, Ukrainian Brand Kachorovska, Atlas Ocean Voyages Introduces Alma Alfresco on Expedition Yachts, Beverly Hills Launches Curated Series of Food, Landmark, Culture Trails, Refreshed Hermitage Hotel in Nashville Offers New Curated Collection of Luxury Experiences, 6 U.S. Cities to Celebrate St. Patricks Day, Most Popular English Heritage Cities for U.S. Travelers, 2023 GT Tested Reader Survey Awards ballot, 2022 GT Tested Reader Survey Awards winners, FXExpress Publications Inc. 2020 Awards Video. Show Coupon Code. All-You-Can-Fly Summer Pass at Special Introductory Price of $399, Frontier Airlines Announces Major Expansion of Service to Puerto Rico, including 5 Additional Nonstop Routes to San Juan, Plus New Service to Aguadilla and Ponce, About Reconciliation of Total Operating Expenses to Adjusted Total Operating Expenses($ 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. Repaid the $150 million Treasury Loan in February 2022. Airlines. __________________(a) Reference End Note 1 within the previous section for discussion on basic and diluted shares. Jennifer F. de la Cruz, Corporate Communications Subscribe to have AirlineRatings.com Newsletter delivered to your inbox! Attendants immediately offered us drinks and refreshments and, after confirming all reservation details and dietary restrictions, gave us our bracelets, which would act as our key cards at the resort. Lavish hotel properties are added to the landscape while acclaimed chefs stake claim in the robust culinary scene and premier cultural offerings round out the citys repertoire. Frontier considers only hours in fixed wing/rotary aircraft as flight time towards minimum qualifications. Frontier Airlines hired more than 670 new flight attendants and 170 pilots in 2021 and will continue to welcome more crew members in 2022. Frontier Airlines (NASDAQ: ULCC) is committed to Low Fares Done Right. Headquartered in Denver, Colorado, the Company operates more than 100 A320 family aircraft and has the largest A320neo fleet in the U.S. During September, the airline experienced a normalization of volume levels, but at discounted fares. Reconciliation of EBITDA to EBITDAR and EBITDA to Adjusted EBITDAR($ in millions) (unaudited). FREE GIFT Sale $100 Flight Voucher Every Account Anniversary After Spending $2,500+ on Purchases With Mastercard 21 uses today Get Deal See Details Unpopular Coupons 50% OFF Code 50% Off Your Next Flight Added by dealsaver Show Coupon Code See Details 75% Frontiers fleet is the most fuel-efficient of all major U.S. carriers when measured by ASMs per fuel gallon consumed. __________________(a) See Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss) above for discussion on adjusting items. Customers will soon be able to shop an array of fun Frontier-branded merchandise and purchase apparelwith your favorite Frontier plane tail. Please enter a valid station pair and try again. Frontier's fleet continues to be the most fuel-efficient of all major U.S. carriers when measured by ASMs per fuel gallon consumed, generating over 100 ASMs per gallon during the fourth quarter and the full year 2021, representing Frontier's commitment to continued fuel efficiency as the airline grows. These non-GAAP financial measures have limitations as analytical tools. 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. OTHER Current FAA Class 1 Medical Certificate special section announcing the 2021 Airline Excellence Awards! Join the Frontier family as a pilot of one of the fastest-growing airlines. Frontier took delivery of five A320neo aircraft during the quarter. The use of these aircraft, Frontiers seating configuration, weight-saving tactics and baggage process have all contributed to the airlines average of 43 percent fuel savings compared to other U.S. airlines (fuel savings is based on Frontier Airlines 2019 ASMs per fuel gallon consumed compared to the weighted average of major U.S. airlines), which makes Frontier the most fuel-efficient U.S. airline. Hired more than 550 flight attendants and 170 pilots in support of the growth of the airline. Frontier was profitable in the third quarter on a GAAP basis, recognizing $23 million of net income. "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. All aircraft in the fleet are financed with operating leases that expire between 2021 and 2033. 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. The Company generated $63 of ancillary revenue per passenger during the quarter. For all customer service questions, call 1-800-921-8101. It's our mission to make that experience easy, affordable and enjoyable. Investors may listen to the live audio webcast on the investor relations section of the Company's website at https://ir.flyfrontier.com. In addition, most of the Company's 7.7 million outstanding options are participating securities and are therefore not expected to be part of the Company's diluted share count under the two-class method until they are exercised, but in periods of net income, are included as an adjustment to the numerator of the Company's earnings per share calculation as they are eligible to participate in the Company's earnings. The Company is providing below a reconciliation of GAAP financial information to the non-GAAP financial information provided. Hours logged in flight simulators, or as flight engineer, bombardier, navigator, WSO, EWO, RIO, NFO, UAV, or Special Crew will not be considered as flight time for these purposes. TheFrontierteam showed outstanding resilience and determination this year to accomplish unprecedented results, Biffle noted. You'll need to escort your child to the gate and wait until the aircraft has taken off before you leave the airport. in Frontier Airlines coupons. o The name and telephone number of the adult meeting the child at his/her destination. So whether you are reconnecting with loved ones, heading towards your next great adventure, or simply have a budget to keep, we will take you there. Frontier ended the third quarter of 2021 with $802million of unrestricted cash and cash equivalents. The Company also has a $161 million current income tax receivable from its annual tax returns filed during the first quarter of 2021. If you need help ordering or upgrading Frontier services, contact our trained Frontier sales agents at 1-855-558-5007. 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. Book your flights from the United States with the airline that will take care of your needs so . Frontier is notorious for being extremely picky about personal items and requires each passenger to size their bag in a bin before getting on the plane. During the fourth quarter, we increased our capacity, departures, fuel efficiency and level of ancillary revenue per passenger versus the comparable pre-COVID period. DENVER, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc. (NASDAQ: ULCC), today reported its financial results for the third quarter of 2021. As a Frontier pilot, you will enjoy the following employee benefits: More About the Benefits and Options We Offer: Before we can welcome you on board, make sure you meet our pilot requirements. 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. We know pilots are the heart of our airline so we offer competitive benefits and flight privileges for you and your family. On November 13, 2021, Frontier executed an order of 91 additional A321neo aircraft that are scheduled for delivery between 2023 and 2029. Frontiers quarterly earnings conference call is scheduled to be held today (November10, 2021) at 4:30 p.m. Eastern Time (USA). Generated $63 of ancillary revenue per passenger during the fourth quarter of 2021, eight percent higher than the comparable 2019 quarter. This can be located on the "My Account" link, and then select "Profile". All forward-looking statements in this release are based upon information available to the Company on the date of this release. Regardless of fare type purchased, we charge a $110 service fee per direction for each traveling unaccompanied minor to cover extra handling, a beverage, and a snack. During February 2022, the Company repaid the $150 million outstanding under the Treasury Loan. Contacts: 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 took delivery of five A320neo aircraft during the quarter and has no planned aircraft deliveries during the fourth quarter of 2021. The amounts represent the charge from de-designation and resulting mark to market impact on the quantities where consumption was not deemed probable. The airline also grew its Low Fares Done Right route map by 132 routes, 21 destinations and nine countries. Frontier Airlines - Flying Made For Everyone JOIN OUR TEAM Work Here Headquartered in Denver, Colorado, we operate more than 100 A320 family aircraft and have the largest A320neo fleet in the Americas, serving approximately 120 destinations in the U.S., Caribbean, Mexico and Central America Total revenue per passenger included $63.00 of ancillary revenue, consistent with the third quarter of 2021 and eight percent higher than the $58.18 of ancillary revenue per passenger generated during the comparable 2019 quarter. This amount is a component of interest expense. Oversized Fee: $75. Frontiers fleet continues to be the most fuel-efficient of all major U.S. carriers when measured by ASMs per fuel gallon consumed, generating 102 ASMs per gallon during the fourth quarter of 2021. Added bases like Tampa (TPA) and Atlanta (ATL) expanded the companys local benefit with new jobs and more attractive base options for team members. We offer a variety of benefits, including health, financial, travel and retirement to take care of our crew. Frontier is America's Greenest Airline. Bags heavier than 100 pounds or larger than 110 linear inches won't be accepted by Frontier Airlines. N'T accept unaccompanied minors can not be booked on connecting itineraries or flights. Company also has a $ 161 million Current Income tax receivable from its annual tax returns during!, frontier executed an order of 91 additional A321neo aircraft in November 2021 that are scheduled for between! Repaid the $ 150 million outstanding under the Treasury Loan in February 2022, the Company 's share! 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