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Dec 31, 2021
Frontier Q4 2021 Earnings Report
Reported financial results for the fourth quarter and full year 2021.
Key Takeaways
Frontier Airlines reported a net loss of $53 million for the fourth quarter of 2021. Despite challenges from COVID-19 variants and rising fuel prices, the company increased its capacity and ancillary revenue per passenger versus the comparable pre-COVID period. The company ended the quarter with $918 million in unrestricted cash and cash equivalents.
Ended the fourth quarter of 2021 with $918 million of unrestricted cash and cash equivalents.
Generated $63 of ancillary revenue per passenger during the fourth quarter of 2021, eight percent higher than the comparable 2019 quarter.
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 102 ASMs per gallon during the fourth quarter of 2021.
Completed IPO in April 2021.
Revenue by Segment
Forward Guidance
In consideration of the anticipated merger with Spirit Airlines, Inc. the Company will not provide guidance for the first quarter or full year 2022 at this time.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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