NEW YORK , March 7, 2025 /PRNewswire/ -- JFK Millennium Partners (JMP), the company selected by the Port Authority of New York & New Jersey to build and operate John F. Kennedy International Airport's new world-class Terminal 6 (T6), and ultra-low fare carrier Frontier Airlines, (Nasdaq: ULCC), today announced that Frontier has selected T6 for its future operations at JFK.
BKR and Frontier Infrastructure partner to expand carbon capture and power projects in the United States, driving industrial decarbonization and energy solutions.
Frontier CEO Barry Biffle joins CNBC's 'Money Movers' to discuss the state of airlines.
Frontier IP Group PLC (AIM:FIPP), which helps turn university ideas into businesses, has announced that Topps Tiles PLC (LSE:TPT) has launched a new range of floor tiles made by its portfolio company Alusid. The new range, called Mas, is made from up to 98.5% recycled industrial waste and uses significantly less energy and water than conventional tiles.
Frontier Group (ULCC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Uber pioneered the ride-hailing industry and has expanded its ecosystem to include food delivery, freight, and micromobility solutions. The company is aggressively investing in autonomous vehicles, securing supply through partnerships with Waymo and other OEMs. By integrating self-driving cars into its platform, Uber aims to revolutionize mobility and transform its fleet of vehicles into pure revenue-generating assets.
DENVER , Feb. 12, 2025 /PRNewswire/ -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, CEO, will present at the Barclays 42nd Annual Industrial Select Conference on Wednesday, February 19, 2025, at 4:10pm ET. The event will be webcast and may be accessed through a link posted to the Company's investor relations website at https://ir.flyfrontier.com/news-and-events/events.
Frontier reiterates view that combining makes more sense than Spirit going it alone
Spirit Airlines rejected Frontier Group's acquisition offer worth about $2.16 billion, marking the latest failed deal in the years since the companies began discussing a merger.
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, including fuel expense at an average cost of $2.48 per gallon and total operating expenses (excluding fuel) of $728 million, of which the latter two were within the previously issued guidance range Full-year 2024 adjusted CASM (excluding fuel), stage length adjusted to 1,000 miles, a non-GAAP measure, was down 1.2 percent compared to the prior year, consistent with guidance Achieved a 99.4 percent completion factor in December 2024, second among all major domestic carriers, supported by the Company's shift to network simplification Took delivery of six A321neo aircraft during the fourth quarter, increasing the proportion of the fleet comprised of the more fuel-efficient A320neo family aircraft to 82 percent as of December 31, 2024, the highest of all major U.S. carriers Generated 106 available seat miles ("ASM") per gallon, a Company record, approximately 1 percent higher than the comparable 2023 quarter, reaffirming Frontier's position as the most fuel-efficient of all major U.S. carriers and its ongoing commitment to being "America's Greenest Airline" (as measured by ASMs per fuel gallon consumed during the fourth quarter compared to all other major U.S. carriers) Unveiled the next phase of 'The New Frontier' by offering an array of new products, including, among other benefits, First Class seating, companion passes and free premium seating upgrades for Elite members Recognized by the Centre for Aviation (CAPA) as a winner of the prestigious 2024 North American Environmental Sustainability Airline Award, which cited Frontier's industry leading emissions reductions and efficiency Launched 22 routes in December 2024, two-thirds of which are touching a crew base to build scale and reliability to the network, and announced 16 routes launching in February and March 2025, expanding service across the United States and the Caribbean, including Frontier's return to Tucson, Reno and Antigua and Barbuda "Our revenue and network initiatives contributed to record fourth quarter revenue, setting us on a trajectory for significant year-over-year RASM growth in 2025 which underpins our target of achieving double-digit adjusted pre-tax margins in the summer of 2025," commented Barry Biffle, Chief Executive Officer.