"Our revenue and network initiatives began to overcome oversupplied industry capacity as evidenced by RASM which inflected positive by mid-August," commented Barry Biffle, Chief Executive Officer. "We expect maturity of our network and revenue initiatives and moderating industry capacity growth to set the stage to continue to grow RASM and, along with our industry leading cost performance, to drive a return to double-digit adjusted pre-tax margins by summer 2025." Frontier Airlines Reports Third Quarter 202 ...

KEY TAKEAWAYSSpirit Airlines shares are surging in premarket trading Wednesday on a report that Frontier Airlines parent Frontier Group Holdings is in the early stages of a renewed bid for its rival discount carrier.The Wall Street Journal said the two sides have had recent discussions and the deal would form part of Spirit's debt restructuring.Spirit is currently in the midst of discussions with bondholders ahead of a potential bankruptcy filing, the report said, noting that merger talks are in early stage ...

文章核心观点 - Glendon Capital Management LP作为Frontier Communications Parent Inc最大股东之一将投票反对Verizon以每股38.5美元收购Frontier的交易因为其严重低估Frontier资产和盈利轨迹[1] - Glendon认为Frontier企业价值至少260亿美元比Verizon交易中认定的200亿美元高30%[2] - Glendon对Frontier董事会不合理仓促设定股东登记日和特别会议日期表示失望敦促延长这两个日期[2] 根据相关目录分别进行总结 关于收购交易 - Glendon将投票反对Verizon以每股38.5美元收购Frontier的交易[1] - Glendon认为Frontier企业价值至少260亿美元比Verizon交易中认定的200亿美元高30%基于对近期相关可比交易和Frontier预期未来现金流的分析[2] 关于Frontier董事会 - Glendon对Frontier董事会不合理仓促设定股东登记日和特别会议日期表示失望[2] - Glendon敦促延长股东登记日和特别会议日期以便股东充分了解Frontier独立情况[2]

Three passengers filed a lawsuit against Frontier Airlines over claims they suffered injuries when a flight caught on fire while landing at an airport in Las Vegas earlier this month. Eddie Frierson, Alberto Cardoso, and Ana Figueroa-Cueva were passengers on Frontier Flight 1326 from San Diego, California, to Las Vegas, Nevada, when the fiery aircraft landed at Harry Reid International Airport on Oct. 5.The plaintiffs claimed that the plane "violently crash-landed" at the airport without warning, Fox 5 Vega ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Frontier Group Holdings (ULCC) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 29, 2024, might help the stock move higher if these key numbers are ...

文章核心观点 - 公司认为Frontier Communications的内在价值至少为每股48.60美元,而Verizon提出的38.50美元收购价格并不公平 [2][3] - Verizon将从此次交易中获得大量协同效应,包括运营成本节约、无线业务增长以及交叉销售等,但这些收益并未体现在收购价格中 [3][4][5] - Frontier是Verizon独特的战略资产,能够为其带来规模和覆盖范围上的巨大优势,因此Frontier更需要Verizon而非反之 [5][6] - 公司认为Frontier股东被迫在未充分了解交易细节的情况下仓促投票,这损害了股东利益 [6][7] 根据目录分别总结 财务分析支持更高的股价 - 基于同行业可比交易的估值倍数,Frontier的纤维业务单独估值应在每股48.60美元以上,不包括其他业务价值和协同效应 [3] - 这一估值已经是保守估计,没有考虑Frontier的税务优惠、成本协同以及收入增长机会 [3] Verizon将获得全部协同效益 - Verizon预计可实现至少5亿美元的年度运营成本协同效应,并有进一步提升的空间 [4] - Verizon还将从Frontier的客户群中获得大量无线和宽带业务的交叉销售机会 [4] - 整合Frontier将显著提升Verizon的纤维网络覆盖和规模,为其带来重大战略优势 [5] 仓促投票损害股东利益 - 公司发现Frontier似乎未就此次交易咨询任何股东或获得其投票支持 [6] - Frontier在交易记录日当天晚间发布最终代理声明,限制了股东对交易细节的充分了解 [6] - 公司认为Verizon可能试图在股东意识到交易价值之前仓促获得监管批准 [7]

Michael (Mike) Dion is an FP&A, Corporate Finance, and Small Business expert who spent the last 12 years working in the Fortune 100, building a startup's finance and accounting department, advising small businesses, and guiding non-profit organizations as a board member. He has finance experience across multiple industries, including Telecom, Media and Entertainment, Hospitality, and Construction. He founded F9 Finance, a website that helps Finance professionals accelerate their careers; and simplifies Fina ...

文章核心观点 - 弗朗提尔航空公司将于2024年10月29日发布第三季度财务业绩报告 [1] - 公司将于当天上午11:30举行网络直播会议,与分析师讨论相关业绩 [1] - 弗朗提尔航空公司是弗朗提尔集团控股公司的子公司,致力于提供"物有所值的低价机票" [1] - 公司总部位于科罗拉多州丹佛市,拥有153架A320系列飞机,是美国最大的A320neo机队 [1] - 公司机队的高密度座椅布局和减重措施,使其成为美国主要航空公司中最节油的 [1] - 公司已订购193架新的空客飞机,未来将继续扩张以实现提供全美经济型航空旅行的使命 [1] 公司概况 - 弗朗提尔航空公司是弗朗提尔集团控股公司的子公司 [1] - 公司总部位于科罗拉多州丹佛市 [1] - 公司拥有153架A320系列飞机,是美国最大的A320neo机队 [1] 公司业务 - 公司致力于提供"物有所值的低价机票" [1] - 公司机队的高密度座椅布局和减重措施,使其成为美国主要航空公司中最节油的 [1] - 公司已订购193架新的空客飞机,未来将继续扩张以实现提供全美经济型航空旅行的使命 [1] 财务业绩 - 公司将于2024年10月29日发布第三季度财务业绩报告 [1] - 公司将于当天上午11:30举行网络直播会议,与分析师讨论相关业绩 [1]

Frontier Group Holdings (ULCC) shares soared 16.4% in the last trading session to close at $5.81. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 29.6% gain over the past four weeks. This jump in stock price came after news that Spirit Airlines (SAVE) , a Frontier Group Holdings rival in the low-cost airline space, is considering bankruptcy. Spirit has faced losses and declining revenue due to fierce competition and the failed at ...

A rival is on the fiscal ropes, and could be partially (or even wholly) going away in the near future. Shares of Frontier Airlines parent Frontier Group Holdings (ULCC 18.34%) are up 18% as of midday Friday, followed closely by JetBlue Airways' (JBLU 14.08%) 16% surge. Both rallies are in response to reports that rival carrier Spirit Airlines (SAVE -26.56%) is considering filing for bankruptcy. If true, it could mean the sale of part or all of the struggling airline. Bankruptcy imminent? Take the report wit ...