Frontier Negotiations Discussion
04-01-2017, 04:42 PM
#2
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https://www.google.com/amp/www.marke...B-8BC1DE1B6CEC
Frontier Airlines parent files to go public
By Caitlin Huston
Published: Mar 31, 2017 4:25 pm ET
Frontier Group Holdings Inc. FRNT parent of Frontier Airlines, filed to go public Friday. The company filed for an offering of $100 million, which is likely a placeholder amount. Frontier reported net income of $200 million in 2016, up from $146 million. It reported total operating revenue of $1.7 billion in 2016, up from $1.6 billion in 2015. Frontier had filed for bankruptcy in 2008 and came out of bankruptcy in October 2009 after it was acquired by a subsidiary of Republic Airways Holdings Inc. Indigo Partners LLC acquired the company in 2013. Citigroup, Deutsche Bank Securities, Evercore ISI and J.P. Morgan are the lead underwriters on the offering.
Frontier Airlines parent files to go public
By Caitlin Huston
Published: Mar 31, 2017 4:25 pm ET
Frontier Group Holdings Inc. FRNT parent of Frontier Airlines, filed to go public Friday. The company filed for an offering of $100 million, which is likely a placeholder amount. Frontier reported net income of $200 million in 2016, up from $146 million. It reported total operating revenue of $1.7 billion in 2016, up from $1.6 billion in 2015. Frontier had filed for bankruptcy in 2008 and came out of bankruptcy in October 2009 after it was acquired by a subsidiary of Republic Airways Holdings Inc. Indigo Partners LLC acquired the company in 2013. Citigroup, Deutsche Bank Securities, Evercore ISI and J.P. Morgan are the lead underwriters on the offering.
04-01-2017, 06:57 PM
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Originally Posted by ColdWhiskey
So we now know that Frontier's CEO, Barry Biffle, had compensation for 2016 in excess of $5.7 Million.
I would be curious how that compares to other airlines, including the legacies?
I would be curious how that compares to other airlines, including the legacies?
http://www.dallasnews.com/business/airlines/2015/05/05/lets-take-a-look-at-airline-executive-pay
04-01-2017, 07:26 PM
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Originally Posted by kspilot
They are a little outdated
Let?s take a look at airline executive pay | Airlines | Dallas News
Let?s take a look at airline executive pay | Airlines | Dallas News
Regarding executive compensation, Southwest is part of Frontier's peer group. It should be no different for the pilot group.
04-01-2017, 08:37 PM
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Originally Posted by ColdWhiskey
Thank you! Interesting to know that Biffle's compensation exceeds that of Southwest's Gary Kelly.
Regarding executive compensation, Southwest is part of Frontier's peer group. It should be no different for the pilot group.
Regarding executive compensation, Southwest is part of Frontier's peer group. It should be no different for the pilot group.
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