Frontier Group Holdings

Frontier Group Holdings, Inc. engages in the operation of passenger airline. It offers flights throughout the United States and selected international destinations in the Americas. The company was founded on September 2013 and is headquartered in Denver, CO.

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Frontier Group Holdings reports robust Q4 performance amidst operational challenges

Frontier Group Holdings showcased strong financial performance and strategic focus on cost management and revenue diversification. While facing challenges like aircraft and Airbus delays, the company is leveraging opportunities in cost reduction and operational efficiency to drive growth and profitability.

Frontier Group Holdings beats Q1 expectations, eyes growth opportunities

Frontier Group Holdings exceeded expectations in Q1 with strong revenue and margin performance.
The company's focus on leisure travel, product innovation, and network optimization bodes well for future growth.
While facing challenges like Airbus delays and mechanic shortages, Frontier remains confident in its strategic plans.
Opportunities lie in cost efficiencies, potential partnerships, and workforce recruitment efforts for sustained growth.

Frontier Group Holdings reports strong Q2 performance amidst operational challenges

Frontier Group Holdings navigated a strong quarter with impressive capacity growth and revenue per passenger metrics. Despite operational challenges and external factors impacting margins, the company remains focused on growth and cost efficiency. Strategic capacity adjustments and network management are key to sustaining revenue and improving margins.

Frontier Group Holdings addresses challenges, eyes growth in underserved markets

Frontier Group Holdings navigated challenges in Q3, focusing on cost efficiencies and operational improvements for future growth.
Strategic initiatives to enhance reliability, reduce costs, and target underserved markets position the company for long-term success.
Despite setbacks, the company remains committed to providing low-cost, high-value services and aims for sustained profitability.

Frontier Group Holdings surpasses Q4 expectations, eyes growth strategies

Frontier Group Holdings' Q4 performance exceeded expectations, with a focus on margin improvement and operational efficiency. Strategic initiatives to address challenges and capitalize on opportunities position the company for growth in 2024 and beyond.

Frontier Group Holdings exceeds Q1 expectations, eyes operational efficiency

Frontier Group Holdings delivered a strong performance in Q1 2024, with better-than-expected margins and revenue growth.
The company faces challenges from new market dynamics and pilot negotiations but remains focused on strategic growth.
Opportunities lie in operational efficiency improvements, revenue initiatives, and market positioning for Frontier's future success.
Overall, Frontier's resilience, strategic planning, and cost-saving measures position it well for future growth and performance.

Frontier Group Holdings reports resilient Q3 performance amidst challenges

Frontier Group Holdings navigated through challenges in Q3, showcasing revenue growth, operational improvements, and strong partnerships. Despite headwinds, the company is focused on enhancing RASM, expanding capacity, and driving incremental revenue through premium products and partnerships.

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Frontier Group Holdings, Inc. engages in the provision of air transportation. The company was founded on September 2013 and is headquartered in Denver, CO.

Spirit Airlines

Spirit Airlines Inc said on Friday that Frontier Group Holdings had raised its cash offer by $2 per share to buy the airline, according to a regulatory filing https://www.sec.gov/Archives/edgar/data/0001498710/000149871022000264/save-20220624.htm.

Frontier raises offer to buy Spirit Airlines by $2 per share

MIRAMAR, Fla.--(BUSINESS WIRE)--Spirit Airlines, Inc. (“Spirit” or the “Company”) (NYSE: SAVE) today announced the signing of a second amendment (the “Amended Agreement”) to its previously announced merger agreement with Frontier Group Holdings, Inc. (“Frontier”) (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., dated February 5, 2022. Based on the improved terms offered by Frontier, the Spirit Airlines Board of Directors reiterates its unanimous recommendation that Spirit stockholders

Spirit Airlines Announces Amended Merger Agreement with Frontier, Including Increased Per-Share Cash Consideration and $350 Million Reverse Termination Fee

JetBlue Airways

JetBlue upped its offer for Spirit Airlines again Monday. This time, the airline is offering $33.50 in cash per share, up from its prior offer of $31.50.

The race for Spirit Airlines: JetBlue, Frontier jockey for win

JetBlue recently sweetened its offer for Spirit to include a $350 million reverse break-up fee.

Spirit Airlines says it will decide on competing JetBlue, Frontier bids before the end of June

Spirit Airlines Inc. SAVE, -4.67% said Tuesday it continues to be bound to its merger agreement with Frontier Group Holdings Inc. ULCC, -7.26% , which it views as a superior proposal to a rival June 6 offer from JetBlue Airways Corp. JBLU, -11.43% . Spirit Airlines CEO Ted Christie said the carrier is giving access to the same due diligence information to both Frontier and JetBlue, on the same terms.

Spirit Airlines continues to see Frontier offer as superior to JetBlue, with shareholder vote on June 30

Board Conducting Thorough Process Focused on Value and Certainty; Will Provide Update to Stockholders Ahead of Scheduled June 30 Vote MIRAMAR, Fla. , June 14, 2022 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today issued the following update regarding its ongoing discussions with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., and JetBlue Airways Corporation ("JetBlue") (NASDAQ: JBLU): Ted Christie, President and CEO of Spirit, said, "Consistent with its fiduciary duties, Spirit's Board of Directors is engaging in discussions with JetBlue with respect to the proposal received on June 6, 2022 and is also continuing to work with Frontier under the terms of the existing merger agreement between Spirit and Frontier.

Spirit Airlines Provides Update on Discussions with Frontier and JetBlue

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Why Airline Stocks Are Tumbling Today

Spirit Airlines has postponed its Friday shareholder meeting where it was expected to vote on the proposed merger agreement with Frontier Group Holdings.

Spirit Airlines postpones shareholder meeting on Frontier deal as merger talks with JetBlue continue

The special meeting has been moved to June 30 so Spirit's board can continue talks with Frontier and JetBlue.

Spirit Delays Special Meeting So It Can Further Discuss Frontier and JetBlue Offers

Spirit Airlines is postponing its Friday shareholder meeting until June 30 so it can continue talks with stockholders, Frontier Airlines and JetBlue Airways.

Spirit Airlines shareholder meeting postponed until June 30 to continue deal talks

Spirit Airlines Inc said on Wednesday it has postponed to June 30 a shareholder meeting to vote on the proposed merger agreement with Frontier Group Holdings Inc.

Spirit Airlines delays shareholder vote on Frontier deal to June 30

Spirit Airlines Inc. SAVE, +2.12% said Wednesdy it is postponing the special shareholder meeting relating to its proposed merger with Frontier Airlines Inc. ULCC, +1.76% to June 30 at 9 a.m. Eastern. The move will allow the carrier's board continue talks with its shareholders, as well as with Frontier and JetBlue Airways Corp. JBLU, -0.09% , which has launched an unsolicited competitive bid for the company.

Spirit Airlines postpones special shareholder meeting on Frontier deal to June 30 to allow for more talks with JetBlue

MIRAMAR, Fla.--(BUSINESS WIRE)--Spirit Airlines, Inc. (“Spirit” or the “Company”) (NYSE: SAVE) today announced that it postponed its Special Meeting of Stockholders (the “Special Meeting”) relating to the proposed merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., until June 30, 2022 at 9 AM ET. The Special Meeting was postponed to allow the Spirit Board of Directors to continue discussions with Spirit stockholders, Fronti

Spirit Airlines Postpones Special Meeting of Stockholders Until June 30, 2022

Frontier Airlines and JetBlue Airways are competing to buy Spirit Airlines, but the "higher" offer might not be the best one.

Spirit Airlines: Why I Voted for the Frontier Merger

The offer now includes a $350 million breakup fee, $150 million more than the breakup fee JetBlue originally proposed.

JetBlue has increased its offer for Spirit Airlines, ramping up the bidding war with Frontier ahead of a shareholder vote

Proxy advisory firm Glass Lewis on Friday recommended Spirit Airlines investors approve Frontier Group Holdings Inc's $2.9 billion acquisition bid, saying it was the "best available" at this time.

Glass Lewis recommends Spirit shareholders approve Frontier acquisition

MIRAMAR, Fla.--(BUSINESS WIRE)--Spirit Airlines, Inc. (“Spirit” or the “Company”) (NYSE: SAVE) today announced that leading independent proxy advisory firm Glass, Lewis & Co. (“Glass Lewis”) has recommended that Spirit stockholders vote FOR the proposed merger with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc. “We are pleased that Glass Lewis supports our Board's unanimous recommendation to vote FOR the merger with Frontier,” said Ted C

Spirit Airlines Announces Glass Lewis Recommendation that Stockholders Vote FOR the Proposed Merger with Frontier

Frontier offers to pay Spirit Airlines $250 million in the event that the transaction fails to get regulatory approval.

Frontier Sweetens Offer for Spirit in the Latest Salvo for the Budget-Conscious Airline

Frontier Airlines will pay Spirit Airlines Inc. a $250 million breakup fee if regulators block a merger between the two carriers, under a new agreement by the companies Thursday.

The Wall Street Journal: Frontier Airlines to pay Spirit $250 million breakup fee if deal falls through

Reverse Termination Fee of $250 Million Offers Greater Stockholder Protections DENVER and MIRAMAR, Fla. , June 2, 2022 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) and Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., today announced an amendment to their previously announced merger agreement dated February 5, 2022.

Frontier Airlines and Spirit Airlines Announce Amended Merger Agreement

NEW YORK (Reuters) -Frontier Group Holdings Inc has agreed to offer a break-up fee in a bid to secure its $2.9 billion acquisition of Spirit Airlines Inc, people familiar with the matter said on Thursday.

Exclusive-Frontier to offer break-up fee in acquisition of Spirit Airlines -sources

Frontier Airlines' parent company said it would pay a $250 million reverse breakup fee to Spirit Airlines if regulators don't approve the planned merger.

Frontier offers $250 million reverse breakup fee if regulators block Spirit merger

Proposed acquisition of Spirit Airlines by both Frontier and JetBlue will face scrutiny from the Department of Justice. Antitrust expert Glenn Pomerantz thinks that either deal has a good likelihood for approval.

Antitrust Merger Expert Says Spirit Acquisition By Frontier Or JetBlue Likely To Be Approved

Spirit Continues to Unanimously Recommend Stockholders to Vote FOR the Merger on the WHITE Proxy Card ISS Focus on JetBlue Reverse Termination Fee Proposal Fails to Adequately Weigh the Lengthy Timetable and Elevated Business Disruption Risk of JetBlue Transaction ISS Also Acknowledges "Robust Strategic Rationale" of Frontier-Spirit Transaction and "Easier Glide Path to Obtain Regulatory Approval" ISS Points Out the "Defensive" and "Opportunistic" Nature of JetBlue Proposal and Recommends Spirit Stockholders DO NOT VOTE on JetBlue Proxy Card MIRAMAR, Fla. , May 31, 2022 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today commented on a report from Institutional Shareholder Services ("ISS") regarding the Company's definitive merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc. "We disagree with ISS' recommendation against the Frontier-Spirit merger, which we continue to believe is in the best interest of Spirit stockholders.

Spirit Airlines Disagrees with ISS Recommendation on Proposed Transaction with Frontier

The proxy firm, however, doesn't directly recommend Spirit shareholders to accept JetBlue's sweetened offer.

News for Frontier Group Holdings Stock (ULCC)