ULCC Stock Recent News

Although the revenue and EPS for Frontier Group (ULCC) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Frontier Group Holdings (ULCC) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to break-even earnings per share a year ago.

DENVER , Feb. 7, 2025 /PRNewswire/ -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the fourth quarter and full year 2024, including record revenue, and issued guidance for the first quarter and full year 2025. Highlights: Pre-tax margin and adjusted (non-GAAP) pre-tax margin were both 5.1 percent for the fourth quarter Ended the year with $935 million of total liquidity, bolstered by the Company's undrawn revolving line of credit, representing approximately 25 percent of trailing twelve month revenue compared to 17 percent at the end of 2023 RASM was 10.23 cents, 15 percent higher than the comparable 2023 quarter Total operating revenues were $1.0 billion, a record for any quarter in Frontier's history and 12 percent higher than the comparable 2023 quarter, on 2 percent lower capacity; full-year 2024 revenue was a record $3.8 billion, 5 percent higher than 2023 CASM in the fourth quarter was 9.78 cents, in

SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, LLP has begun an investigation into whether the board members of Frontier Communications Parent, Inc. (NASDAQ: FYBR) breached their fiduciary duties in connection with the proposed merger with Verizon Communications Inc. (NYSE: VZ). On November 13, 2024, Frontier Communications shareholders approved the merger agreement with Verizon, with approximately 63% of stockholders voting in favor of the merger. However, ten of Frontier's twelve largest shareho.

LOS ANGELES--(BUSINESS WIRE)-- #newaward--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that a joint venture between the Company and its subsidiary, Frontier-Kemper Constructors, has been awarded a design-build contract valued at approximately $1.18 billion by the Gateway Development Commission for the Manhattan Tunnel Project, a component of the Hudson Tunnel Project (“HTP”). The HTP is a resiliency and reliability proje.

NEW YORK , Feb. 5, 2025 /PRNewswire/ -- In an era of algorithms, data overload, and advertising that often leaves audiences numb, DDB Worldwide is taking a stand for emotion with the launch of the Feels Barometer—a first-of-its-kind global tool designed to measure, decode, and harness human feelings at scale. "We are in a crisis of marketing effectiveness," said Tomas Gonsorcik, Global Chief Strategy Officer at DDB Worldwide.

Spirit Airlines has rejected a merger offer with Frontier as it prepares to exit bankruptcy.

Spirit rejected the proposal as it would not provide the anticipated shareholder value and raised concerns over the timing and successful completion of the deal.

Spirit Airlines said in regulatory filings Wednesday that it is rejecting the latest merger offer from Frontier Airlines, and will instead continue with its bankruptcy restructuring plan.

Frontier Airlines struck out yet again in its second attempt to acquire rival carrier Spirit Airlines. Spirit filed for bankruptcy last year as it faced mounting losses.