Earnings Call October 25 / Predictions ?
10-25-2023, 09:36 AM
#83
Gets Weekends Off
Joined APC: Apr 2023
Posts: 236
Indeed, right on their IR web site:
https://ir.flyfrontier.com
THIRD QUARTER 2023 FINANCIAL RESULTS
Oct 26, 2023 at 11:00 AM EDT
Live Webcast:
https://edge.media-server.com/mmc/p/sz52tcjw
https://ir.flyfrontier.com
THIRD QUARTER 2023 FINANCIAL RESULTS
Oct 26, 2023 at 11:00 AM EDT
Live Webcast:
https://edge.media-server.com/mmc/p/sz52tcjw
10-26-2023, 03:31 AM
#84
Gets Weekends Off
Joined APC: Nov 2012
Position: 1900D CA
Posts: 3,479
Indeed, right on their IR web site:
https://ir.flyfrontier.com
THIRD QUARTER 2023 FINANCIAL RESULTS
Oct 26, 2023 at 11:00 AM EDT
Live Webcast:
https://edge.media-server.com/mmc/p/sz52tcjw
https://ir.flyfrontier.com
THIRD QUARTER 2023 FINANCIAL RESULTS
Oct 26, 2023 at 11:00 AM EDT
Live Webcast:
https://edge.media-server.com/mmc/p/sz52tcjw
Posted early....Third Quarter 2023 Summary:
- Total operating revenues were $883 million, 3 percent lower than the 2022 quarter, on capacity growth of 21 percent
- Cost per available seat mile ("CASM") was 9.66 cents, a decline of 9 percent over the 2022 quarter
- Achieved adjusted CASM (excluding fuel), a non-GAAP measure, of 6.66 cents, 3 percent lower than the 2022 quarter
- Pre-tax margin was (5.1) percent
- Took delivery of eight A321neo aircraft during the third quarter, increasing the proportion of the fleet comprised of the more fuel-efficient A320neo family aircraft to 77 percent as of September 30, 2023, the highest of all major U.S. carriers
- Generated 103 available seat miles (“ASM”) per gallon, 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
10-26-2023, 03:43 AM
#85
Gets Weekends Off
Joined APC: Nov 2012
Position: 1900D CA
Posts: 3,479
The number that jumped out at me was the revenue on the capacity growth.
We have grown capacity by 20% from a year ago yet brought in the same amount of revenue. That means ticket prices/ ancillary revenue are down a lot.
I think demand went down so they lowered ticket prices a bunch to try and fill the planes. Not a good quarter. But I think demand is much higher going into the holidays and I know ticket prices are higher. I was just looking to book tickets for my family during the holidays and the tix were very expensive. I'm guessing we are back to being solidly profitable in the 4th quarter
We have grown capacity by 20% from a year ago yet brought in the same amount of revenue. That means ticket prices/ ancillary revenue are down a lot.
I think demand went down so they lowered ticket prices a bunch to try and fill the planes. Not a good quarter. But I think demand is much higher going into the holidays and I know ticket prices are higher. I was just looking to book tickets for my family during the holidays and the tix were very expensive. I'm guessing we are back to being solidly profitable in the 4th quarter
10-26-2023, 04:08 AM
#86
Gets Weekends Off
Joined APC: Aug 2007
Posts: 687
The number that jumped out at me was the revenue on the capacity growth.
We have grown capacity by 20% from a year ago yet brought in the same amount of revenue. That means ticket prices/ ancillary revenue are down a lot.
I think demand went down so they lowered ticket prices a bunch to try and fill the planes. Not a good quarter. But I think demand is much higher going into the holidays and I know ticket prices are higher. I was just looking to book tickets for my family during the holidays and the tix were very expensive. I'm guessing we are back to being solidly profitable in the 4th quarter
We have grown capacity by 20% from a year ago yet brought in the same amount of revenue. That means ticket prices/ ancillary revenue are down a lot.
I think demand went down so they lowered ticket prices a bunch to try and fill the planes. Not a good quarter. But I think demand is much higher going into the holidays and I know ticket prices are higher. I was just looking to book tickets for my family during the holidays and the tix were very expensive. I'm guessing we are back to being solidly profitable in the 4th quarter
10-26-2023, 04:51 AM
#87
Gets Weekends Off
Joined APC: Nov 2012
Position: 1900D CA
Posts: 3,479
I don't get it. Planes are filling back up, ticket prices should be going up, fuel isn't cheap, but it should be manageable....
Utilization of the planes must be way down. Id like to see those numbers.
Btw, Spirit lost a bunch of money
10-26-2023, 04:57 AM
#88
Line Holder
Joined APC: Jan 2023
Posts: 64
The number that jumped out at me was the revenue on the capacity growth.
We have grown capacity by 20% from a year ago yet brought in the same amount of revenue. That means ticket prices/ ancillary revenue are down a lot.
I think demand went down so they lowered ticket prices a bunch to try and fill the planes. Not a good quarter. But I think demand is much higher going into the holidays and I know ticket prices are higher. I was just looking to book tickets for my family during the holidays and the tix were very expensive. I'm guessing we are back to being solidly profitable in the 4th quarter
We have grown capacity by 20% from a year ago yet brought in the same amount of revenue. That means ticket prices/ ancillary revenue are down a lot.
I think demand went down so they lowered ticket prices a bunch to try and fill the planes. Not a good quarter. But I think demand is much higher going into the holidays and I know ticket prices are higher. I was just looking to book tickets for my family during the holidays and the tix were very expensive. I'm guessing we are back to being solidly profitable in the 4th quarter
10-26-2023, 05:44 AM
#89
Gets Weekends Off
Joined APC: Jun 2021
Position: Joystick Operator
Posts: 900
Sheesh. Yeah spirit lost almost 160m. Curious to see what everyone else does. Knowing AA lost, UA and DAL are the only two who made, and they made BIG.
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