Frontier Group Holdings, Inc.

Frontier Group Holdings, Inc. (NASDAQ: ULCC) operates Frontier Airlines, Inc., an ultra low-cost carrier headquartered in Denver, Colorado with a website at www.flyfrontier.com. The company provides low-fare passenger airline service primarily to leisure travelers throughout the United States and to select near-international destinations in the Americas, serving approximately 100 airports across its network.

As of December 31, 2025, Frontier operates a fleet of 176 Airbus single-aisle aircraft, consisting of 6 A320ceos, 89 A320neos, 21 A321ceos, and 60 A321neos. The company has a firm purchase commitment with Airbus for 168 additional A320neo family aircraft, with expectations to operate approximately 292 A320neo family aircraft by the end of 2031. The fleet's composition provides significant operational advantages, as flight crews are entirely interchangeable across all aircraft and maintenance is simplified relative to multi-fleet operators. Frontier maintains the most fuel-efficient fleet among major U.S. carriers when measured by available seat miles per fuel gallon consumed.

The company employs approximately 7,750 total employees, including roughly 2,300 pilots, 3,700 flight attendants, 500 aircraft technicians, and 1,100 administrative staff. Approximately 86 percent of employees are represented by labor unions under collective bargaining agreements.

Frontier's business model combines low-cost fares with flexible optional services including baggage fees, seat selection, premium seating, and bundled offerings. The company generates revenue through base fares, ancillary services, and other revenue streams including its FRONTIER Miles frequent flyer program, co-brand credit card partnership, Discount Den membership, and GoWild! All-You-Can-Fly Pass. For the year ended December 31, 2025, the company reported fare revenue per passenger of $44.60 and total ancillary revenue per passenger of $67.57.

Frontier's competitive strategy emphasizes maintaining very low unit costs to compete in price-sensitive markets against legacy network carriers, low-cost carriers, and other ultra low-cost carriers. The company primarily sells tickets through direct distribution channels including its website and mobile app, which accounted for approximately 70 percent of total tickets sold in 2025, supplemented by third-party distribution channels including global distribution systems and online travel agencies.