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-   -   Q2 Financials (https://www.airlinepilotforums.com/frontier/143986-q2-financials.html)

DumboDrop 08-01-2023 02:16 PM


Originally Posted by Stayontarget (Post 3676411)
Aaaaand just like that on FB is a note that check in and bag drop counters will cut you off an hour before the flight starting August 16th. So is that an hour before the scheduled departure or an hour before the two hour delay that they won’t notify you of until the scheduled departure?

That's not why we're late. They are clueless.

turbojet28 08-01-2023 02:25 PM


Originally Posted by spooldup (Post 3676399)
I wonder if it is the recent slew of bad publicity and the massive screw ups we have had that involve our contract workers related to cancellations and huge delays.

Ive got to say that I’ve always been reasonably comfortable defending the airline to people at home, and being low cost and all. I love the idea in theory. But the **** poor way in which the product has been delivered recently has made me more embarrassed than anything when I’m starting to have friends and family text me and ask me what Frontiers refund policies are due to a bad experience. I genuinely want to have pride in our low-cost product. It’s just very difficult in the current state of affairs.

Aero1900 08-01-2023 02:37 PM


Originally Posted by turbojet28 (Post 3676341)
Better than a loss, but another quarter with margins half of what legacies enjoyed. Not as many people seem to be as concerned about that as I would think.

United turned a 9.8% margin, we turned a 9.2%

Delta however had a killer quarter at 16%.

spooldup 08-01-2023 02:41 PM


Originally Posted by Aero1900 (Post 3676423)
United turned a 9.8% margin, we turned a 9.2%

Delta however had a killer quarter at 16%.

Am I blind? even their pre tax was only 14% from what I saw

turbojet28 08-01-2023 04:09 PM


Originally Posted by Aero1900 (Post 3676423)
United turned a 9.8% margin, we turned a 9.2%

Delta however had a killer quarter at 16%.

We also revised our FY2023 guidance downward to 4-6% margin. The players on the call spent a lot of time tap dancing and coming up with excuses for that, including ATC, weather, and excess capacity due to higher than normal growth numbers. Will be an interesting stretch of time as the year plays out as Bill Franke has stated publicly during one of his recent interviews that indigo is not interested in carrying an investment that doesn’t consistently produce double digit margins.

JoeFever1 08-01-2023 04:40 PM


Originally Posted by turbojet28 (Post 3676458)
We also revised our FY2023 guidance downward to 4-6% margin. The players on the call spent a lot of time tap dancing and coming up with excuses for that, including ATC, weather, and excess capacity due to higher than normal growth numbers. Will be an interesting stretch of time as the year plays out as Bill Franke has stated publicly during one of his recent interviews that indigo is not interested in carrying an investment that doesn’t consistently produce double digit margins.

9 is close and don’t they make a lot of money off the aircraft lease back scheme?

DumboDrop 08-01-2023 05:22 PM


Originally Posted by Aero1900 (Post 3676337)
https://www.tipranks.com/news/press-releases/frontier-airlines-reports-second-quarter-2023-financial-results

9% profIt margin. Not bad

This after the quarter management put the squeeze on ancillary to the detriment of what of what little brand we had left. Meanwhile BB has unloaded about $7m in shares. Pump and dump. Screw these criminals.

Blueskies67 08-01-2023 05:49 PM


Originally Posted by Stayontarget (Post 3676379)
One of the questions by an investor related to this. They touted the ancillary fees being $5 higher but the average fare per ticket was down $17 per ticket. Shurz mentioned it was because of our low fares driving demand approach. 30% of our routes being new and pushing the prices down to get it going. Some stick and some don’t. But considering we probably always do that it didn’t really explain the drop. The amount of go wild pass promotions and deals I’ve seen lead me to believe there is something more fundamental happening. Maybe our reputation is becoming more problematic?

I really think we are going to have trouble filling seats next year. It’s possible we are out growing our market and load factors seem to reflect this. Without the company really throwing some money down to invest in growing the airline properly I can see things not being so rosey in one to two years.

DumboDrop 08-01-2023 05:55 PM


Originally Posted by Blueskies67 (Post 3676499)
I really think we are going to have trouble filling seats next year. It’s possible we are out growing our market and load factors seem to reflect this. Without the company really throwing some money down to invest in growing the airline properly I can see things not being so rosey in one to two years.


People figured it out. We burned them and they are avoiding us.

Stayontarget 08-01-2023 07:26 PM


Originally Posted by Blueskies67 (Post 3676499)
I really think we are going to have trouble filling seats next year. It’s possible we are out growing our market and load factors seem to reflect this. Without the company really throwing some money down to invest in growing the airline properly I can see things not being so rosey in one to two years.

If we are I would say it’s only because of how we treat people but if spirit disappears from the market we may have a resurgence. Who knows? So many factors.


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