Thread: F9 Financials
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Old 04-28-2022 | 07:46 PM
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Aero1900
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Joined: Nov 2012
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From: 1900D CA
Default F9 Financials

Today was the Q2 investor call. Here's just a few highlights:

Net loss for the quarter was $121 million
  • Total operating revenues of $605 million, 11 percent higher than the corresponding pre-COVID quarter in 2019
  • Generated $69 of ancillary revenue per passenger during the first quarter of 2022, 21 percent higher than the corresponding pre-COVID quarter in 2019
  • Repaid the $150 million outstanding borrowings under the secured term loan facility with the U.S. Treasury (the “Treasury Loan”) in February 2022, unencumbering the Company's co-branded credit card program and related brand assets that had secured it
  • Ended the first quarter of 2022 with $727 million of unrestricted cash and cash equivalents
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