JoeFever1

Yea. By far the best conference in college football, but what does that have to do with Frontiers cash??

ReserveCA

take BL with ya….

Aero1900

Not sure if serious

BoilerWings

It’s on the financial statement, which is a verifiable, legal document. Additionally, Frontier is still profitable in the 9 months ending Sept 30. This place is far from imploding, despite the doom and gloom narrative you want to believe.

Stayontarget

A potential concern that was written within the Spirit Earnings report…

”Neo Engine Update

Pratt & Whitney recently notified the Company that all the geared turbofan (GT) neo engines in Spirit's fleet, including the engines slotted for future aircraft deliveries, for a yet undetermined period, are in the potential pool of engines subject to the inspection and possible replacement, of the powdered metal high-pressure turbine and compressor discs. Pratt & Whitney has provided an initial analvsis on an inspection and removal schedule for these engines. Based on this analysis, for the fourth quarter 2023, Spirit anticipates an average of 10 neo aircraft will be grounded. For 2024, Spirit assumes the average number of grounded neo aircraft will climb steadily from 13 in January to 41 in December, averaging 26 grounded for the full year 2024. This expectation drives a dramatic decrease in the Company's near-term growth projections. For the full year 2024, Spirit estimates capacity will range between about flat to up mid-single digits compared to the full year 2023.”

So while we haven’t been affected by the P&W issue yet there is still a potential for some pain. I’m actually starting to anticipate the bad news to come our way.

Aero1900

I'll admit I haven't paid all that much attention to this, but how could they possibly deliver an engine with a known issue? I can understand engines that are already produced and are slotted for a specific airframe coming off the line, but for future deliveries seems a bit odd?

We will certainly continue to see deliver delays considering every airplane on order from here on out is Pratt powered. But we certainly won't see near the level of pain that Spirit is. They already have so many of the planes with "bad" engines on them.

But in a way, the delivery delays are probably giving management some breathing room to deal with our pilot attrition. The delivery schedule was aggressive, this might be a little easier for them to manage. Not good for contract negotiations necessarily though likely helpful to staffing needs

spooldup

Target is right with this... it was about a year ago during an investor call they said they were working on increasing capacity and growth will not increase routes, but instead frequency, because leaving people somewhere for 3 days doesn't work. Also, lots of oversold flights that now have 2 or even 3 a day instead of just 1.

AbjectFutility

it's obviously a joke.



We all know the ACC is the best.

SPAWNmaster

It was discussed on the earnings call. It affects us in 2 ways: 2H24 affected jets are taken in for early maintenance. The other is through delayed deliveries which has us behind by something like 12 tails next year (so instead of needing to hire ~600 pilots well only need like 400).

Njflyguy

Balance sheet filed with SEC says it all.
https://ir.flyfrontier.com/node/9166...031073d8ae3_19

Cash on hand:
9/30/23: $640M
12/31/22: $761M