Frontier’s 2022 Q4 revenue topped pre-pandemic level amid slight annual loss

Frontier Airlines’ parent company Frontier Group Holdings reported operating revenues of $906 million for the fourth quarter of 2022 (Q4 2022), up 38% on 2019. The carrier in turn netted a pre-tax quarterly margin of 5.5%, with the adjusted margin at 5.7%. It summed up the results as “profitable” and based on “strong revenue performance, including record ancillary revenue per passenger” of $82, which was 41% higher than the 2019 quarter. However it recorded a loss for the year with operating revenues of $3.326bn weighed against expenses of $3.371bn, Around a third of the annual outlay was jet fuel, on