We lost 37 Million in Q4.

Lost 11 Million for the full year of 2023 on 3.6 Billion in revenue.

Breaking even, baby.

https://www.globenewswire.com/news-release/2024/02/06/2824173/30034/en/Frontier-Airlines-Reports-Fourth-Quarter-2023-Financial-Results.html

Interesting part I don't fully understand: (we made pretax money but reported a loss?)

Earnings

Pre-tax income for the fourth quarter of 2023 was $6 million, reflecting a pre-tax margin of 0.7 percent. Adjusted pre-tax income, a non-GAAP measure, was $7 million, reflecting an adjusted pre-tax margin of 0.8 percent.

Net loss for the fourth quarter of 2023 was $37 million, including the recognition of a $37 million non-cash valuation allowance against deferred tax assets. This allowance does not affect the Company's ability to utilize cumulative net operating losses against potential future income tax liabilities. Excluding special items, adjusted net income, a non-GAAP measure, was $1 million. Refer to “Reconciliations of Non-GAAP Financial Information” in the appendix of this release.

Cash and Liquidity

Unrestricted cash and cash equivalents as of December 31, 2023 was $609 million