I don’t know about you, but I am having to put my sperm on sale, 50% off.

Start selling more pringles and toxic elote.

Company had $363m in special items in Q4 which is reflected in the loss for GAAP accounting. Unfortunately, few companies use GAAP standards and like Spirit, report on "adjusted" earnings. So once NK takes out their $363 in special items, they show a profit. So as far as Wall St is concerned, they dont are about the GAAP loss, they care about the adjusted earnings beating estimated by a ton. Its why the stock is up in after hours. The company posted a profit as far as they are concerned.

In case anyone is curious, $348m of that loss was described as...

"2022 includes legal, advisory, and other fees related to the former Agreement and Plan of Merger with Frontier Group Holdings, Inc. and Top Gun Acquisition Corp. (the “Frontier Merger Agreement”), the unsolicited proposal by JetBlue to acquire all of the Company's outstanding shares in an all-cash transaction, and the Agreement and Plan of Merger with JetBlue and Sundown Acquisition Corp. (the "JetBlue Merger Agreement"). In addition, 2022 includes costs associated with the retention bonus programs under the Frontier Merger Agreement and the JetBlue Merger Agreement"

Nice to see we’ll be doubling our 321 fleet by year end 2024. That should help the override with the 319s being sold.

look at that! another pay raise… kinda

Looks like the ULCC model is still viable as long as you don’t have incompetent CEO’s/management

https://airwaysmag.com/frontier-repo...ng-q4-profits/

Oh they are just as incompetent trust me.

We were doing great at 100 planes. It’s 200 that’s the problem. You can apparently run a ULCC airline that generates profits when it has 100 planes and you keep the same infrastructure as when it had 50 planes. Problem is you cannot run with the infrastructure for 50 planes when you have 200. That is our problem.

On a side note I would never want to be an employee of Frontier. That place is set up to be a cash machine for its owners and northing else. The amount of daily BS one would have to deal with over a career would be massive. They have no interest in running an airline or making anyone happy but themselves.

but for some reason their stock is down 17% today.

Probably the institutional investors getting tired of the obvious baloney and constant downplaying of existential threats by management during the earnings calls. I think they are starting to call the bluff.

Listening to UALs earnings call for 4Q, maybe Kirby will not be 100% correct about all of his predictions, but he sure sounded night-and-day different than Biffle about acknowledging all the challenges ahead for the industry.

Net income was 12.6m.