Frontier Group Holdings, Inc. reported a net loss of $43 million for the first quarter of 2025, or $(0.19) per share, despite total operating revenues increasing 5% to $912 million. The results were impacted by softer travel demand in March.
Total operating revenues reached a record $912 million for the first quarter, a 5% increase year-over-year.
The company reported a net loss of $43 million, or $(0.19) per share, compared to a net loss of $26 million, or $(0.12) per share, in the prior year.
Ended the quarter with $889 million of total liquidity, including $684 million in unrestricted cash and cash equivalents.
Achieved a record 107 available seat miles per gallon, maintaining its position as a fuel-efficient airline.
Frontier is targeting a return to profitability in the second half of 2025, supported by moderating industry capacity, commercial investments, and cost management. Second quarter guidance reflects softer demand in April.
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