ULCC

Volaris Reports March 2024 Traffic Results: 87% Load Factor

Retrieved on: 
Thursday, April 4, 2024

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its March 2024 preliminary traffic results.

Key Points: 
  • de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its March 2024 preliminary traffic results.
  • In March 2024, Volaris' ASM capacity decreased by 15.8% year-over-year due to the accelerated Pratt & Whitney engine inspections and the resulting aircraft groundings.
  • However, load factor increased by 1.3 pp YoY to 86.8%, as RPMs decreased by less than capacity.
  • Throughout the quarter, we achieved a robust load factor, with a well-balanced market mix aimed at maximizing profitability.”

Frontier Airlines Introduces New UpFront Plus Seating with a Guaranteed Empty Middle Seat for Added Personal Space and Comfort

Retrieved on: 
Tuesday, March 12, 2024

DENVER, March 12, 2024 (GLOBE NEWSWIRE) -- Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC) today announced the introduction of UpFront Plus, a new upgraded seating option with extra space and comfort in the first two rows of the aircraft. Customers in UpFront Plus will enjoy a window or aisle seat with extra legroom and a guaranteed empty middle seat, providing additional personal space and comfort at an exceptional value.

Key Points: 
  • Customers in UpFront Plus will enjoy a window or aisle seat with extra legroom and a guaranteed empty middle seat, providing additional personal space and comfort at an exceptional value.
  • Starting today, customers can upgrade to UpFront Plus seating for flights departing on or after April 10, 2024, by reserving seats on the Frontier mobile app or at FlyFrontier.com.
  • “Many consumers strongly prefer a seating option that offers extra space when flying,” said Barry Biffle, CEO, Frontier Airlines.
  • UpFront Plus is a great option for those who want expanded personal space and extra comfort.”
    UpFront Plus will be one of four seat options available on Frontier flights:

Frontier Airlines to Participate in the JP Morgan Industrials Conference

Retrieved on: 
Monday, March 11, 2024

DENVER, March 11, 2024 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, CEO, will present at the JP Morgan Industrials Conference on Tuesday, March 12, 2024, at 1:15pm ET.

Key Points: 
  • DENVER, March 11, 2024 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, CEO, will present at the JP Morgan Industrials Conference on Tuesday, March 12, 2024, at 1:15pm ET.
  • The event will be webcast and may be accessed through a link posted to the Company’s investor relations website at https://ir.flyfrontier.com/news-and-events/events.

Volaris Reports February 2024 Traffic Results: 86% Load Factor

Retrieved on: 
Wednesday, March 6, 2024

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its February 2024 preliminary traffic results.

Key Points: 
  • de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its February 2024 preliminary traffic results.
  • In February 2024, Volaris' ASM capacity decreased by 13.7% year-over-year due to the extraordinary Pratt & Whitney engine accelerated inspections and the resulting aircraft groundings.
  • RPMs decreased by 10.9%, resulting in a load factor increase of 2.8 pp YoY to 85.9%.
  • Moreover, a robust load factor was achieved in February, exceeding the average for such a low-season month.

Frontier Airlines Announces Appointment of Bobby Schroeter to Senior Vice President – Chief Commercial Officer

Retrieved on: 
Tuesday, March 5, 2024

DENVER, March 05, 2024 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. ( NASDAQ: ULCC ), today announced the appointment of Bobby Schroeter to the position of Senior Vice President – Chief Commercial Officer for Frontier Airlines effective Mar.

Key Points: 
  • DENVER, March 05, 2024 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. ( NASDAQ: ULCC ), today announced the appointment of Bobby Schroeter to the position of Senior Vice President – Chief Commercial Officer for Frontier Airlines effective Mar.
  • In his new role, Schroeter will oversee the airline’s commercial division which includes pricing and revenue management, network planning, and marketing.
  • He will report to Frontier President James Dempsey.
  • Prior to joining Frontier, Schroeter spent nearly two decades at Spirit Airlines where he held several leadership positions, most recently serving as their Senior Vice President, Chief Marketing Officer.

ALLEGIANT SECURES SPOT ON THE WALL STREET JOURNAL'S 2023 LIST OF TOP AIRLINES

Retrieved on: 
Thursday, February 22, 2024

LAS VEGAS, Feb. 22, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) is thrilled to announce its recognition in The Wall Street Journal's annual list of top airlines. This acknowledgment highlights Allegiant's unique position in providing exceptional value and quality services within the aviation industry.

Key Points: 
  • LAS VEGAS, Feb. 22, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) is thrilled to announce its recognition in The Wall Street Journal's annual list of top airlines.
  • Earning a top position on The Wall Street Journal's esteemed list is a testament to Allegiant's dedication to providing unparalleled value and top-notch service to its customers.
  • "We are so proud to be recognized as one of the top airlines in the U.S by the Wall Street Journal.
  • The airline's recognition by The Wall Street Journal reaffirms Allegiant's mission to reshape the leisure travel space.

JetSMART selects RTX's Pratt & Whitney GTF™ engines to power an additional 35 Airbus A320neo family aircraft

Retrieved on: 
Wednesday, February 21, 2024

SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced that JetSMART has selected GTF engines to power an additional 35 Airbus A320neo family aircraft, including nine A321XLR aircraft. Pratt & Whitney will also provide JetSMART with GTF engine maintenance through an EngineWise® Comprehensive service agreement. 

Key Points: 
  • SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced that JetSMART has selected GTF engines to power an additional 35 Airbus A320neo family aircraft, including nine A321XLR aircraft.
  • JetSMART, an ultra low-cost carrier (ULCC), selected the GTF engine to power 70 A320neo family aircraft in June 2019.
  • The airline also operates an additional 15 leased GTF powered A320neo family aircraft and a fleet of 11 A320ceo family aircraft powered by the V2500® engine.
  • JetSMART has also concluded a support package with Pratt & Whitney for inspections of GTF engines, further strengthening the relationship as strategic partners.

Frontier Airlines to Participate in the Barclays Industrial Select Conference

Retrieved on: 
Thursday, February 15, 2024

DENVER, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, CEO, will present at the 41st annual Barclays Industrial Select Conference on Wednesday, February 21, 2024, at 1:50pm ET.

Key Points: 
  • DENVER, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, CEO, will present at the 41st annual Barclays Industrial Select Conference on Wednesday, February 21, 2024, at 1:50pm ET.
  • The event will be webcast and may be accessed through a link posted to the Company’s investor relations website at https://ir.flyfrontier.com/news-and-events/events.

Landing and Frontier Airlines Partner to Introduce Nomad Pass

Retrieved on: 
Thursday, February 8, 2024

BIRMINGHAM, Ala., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Landing , the company behind the first membership for flexible apartment living, and ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC) are joining forces to introduce Nomad Pass.

Key Points: 
  • BIRMINGHAM, Ala., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Landing , the company behind the first membership for flexible apartment living, and ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC) are joining forces to introduce Nomad Pass.
  • Nomad Pass offers unlimited adventure, allowing members to live throughout Landing’s nationwide network of fully-furnished apartments and fly with Frontier from city to city at an unbeatable price.
  • “Nomad Pass combines two innovative product offerings across living and travel, and they couldn’t be more complementary,” said Russ Brodmerkle, Chief Marketing Officer at Landing.
  • Pass , which offers an unlimited number of flights during the period their pass is valid with access to all U.S. and international destinations Frontier serves.

Frontier Airlines Announces Promotions Among Executive Leadership

Retrieved on: 
Wednesday, February 7, 2024

DENVER, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced several promotions among its executive leadership team.

Key Points: 
  • DENVER, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced several promotions among its executive leadership team.
  • Diamond and Schuller’s promotions became effective February 1, 2024 and Moore’s promotion becomes effective March 15, 2024.
  • “Each of these individuals has been instrumental in the growth of our company,” said Barry Biffle, CEO, Frontier Airlines.
  • I wish to thank them for their continued support in helping to lead Frontier Airlines into the future.”