Frontier reports net loss of $37 million for Q4 2023

Frontier Airlines has reported a net loss of $37 million for the fourth quarter of 2023, down from a net profit of $40 million in the fourth same period in 2022. The airline reported an adjusted net profit of $1 million, down from an adjusted net profit of $39 million in the fourth quarter of 2022. Total operating revenue and adjusted revenue for the period was $891 million in 2023, compared to (adjusted and unadjusted) $906 million in Q4 2022. Unadjusted diluted earnings per share remained stable at $0.17, down from $0.18 in 2022. Frontier CEO Barry Biffle said: “Fourth