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Frontier Group Q2 Earnings Call Highlights
['Kim Johansen']
Markets Daily
Frontier Group (NASDAQ:ULCC) reported second-quarter results that exceeded its prior outlook, driven by stronger revenue, more disciplined revenue management and an improved competitive capacity environment.
Flown load factor was 80.3%, up one percentage point from a year earlier, on capacity growth of 8%.
He also cited Spirit’s exit from overlapping markets as a factor that has helped Frontier mitigate higher fuel prices.
Management expects fourth-quarter capacity growth of about 7%, assuming the lease transactions are completed.
About Frontier Group (NASDAQ:ULCC)Frontier Group, trading on Nasdaq under the ticker ULCC, is the holding company for Frontier Airlines, an ultra-low-cost carrier based in Denver, Colorado.