how is f9 doing financially?
 

Was curious about the financial outlook. is frontier profitable or has it been recently? Is bankruptcy on the horizon?

Google our ticker ULCC.

This is all publicly available information...

It's been rocky since COVID. Turned a profit in 2024. 2025 unfortunately some big losses Q2 and another coming in Q3. Q4 and beyond tbd.

ULCC Stock Report

This website provides a good breakdown of ULCC's financials.

"Cash Runway Analysis For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway:
Stable Cash Runway: ULCC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ULCC has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 12.4% each year."

Not good.

Beyond what’s publicly available the union and company had a meeting to review our current financial position. The company is claiming a contract would put Frontier into bankruptcy. They sent the pilot group a bunch of charts and graphs showing negative free cash flow, negative margins, and said pay increases at Spirit were a leading cause of bankruptcy filings.

“Any additional spend above our current proposal creates significant liquidity concerns” … not words from a thriving company.

Most pilots are applying elsewhere.

It’s all on management…..
if they can’t pay market rates and make a profit ie: all the legacies… time for new management

Somehow there is no new management even with our literal record profits and revenue from BK to covid, now its just flatlining. Something is going right for BF to be ok with BB in the drivers seat for the last few years.

But yes, market rates and a contract will not be the end of this airline... We all should know that. Company propaganda and union busting isn't exactly something that people should fall for.

A year ago our CEO told Wall Street that Q2 of 2025 would show us with double digit profit margins because “math”. His math did not math and it’s always somebody else’s fault.

Don't like BB, but go look at giant canyon on the S&P chart for Q2, maybe that will be a clue.

“Market rates” is an interesting concept here. There’s a theory (eg Kirby) with some data (spirit) that the ULCC model is unable to compete with the legacies. If lower labor costs make the ulcc niche viable, that is arguably a different market.