DENVER, May 1, 2025 /PRNewswire/ -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the first quarter of 2025.

Highlights:

Total operating revenues were $912 million, a record for any first quarter in Frontier's history, 5 percent higher than the comparable 2024 quarterRevenue per available seat mile ("RASM") was 9.17 cents, roughly flat to the comparable 2024 quarterCost per available seat mile ("CASM") was 9.63 cents, 1 percent above the comparable 2024 quarter, including fuel expense at an average cost of $2.55 per gallon and total operating expenses of $958 million, or $720 million excluding fuel (a non-GAAP measure)Pre-tax loss was $40 million; net loss was $43 million, or $(0.19) per shareEnded the quarter with $889 million of total liquidityTook delivery of four A321neo aircraft and two spare aircraft engines during the first quarter82 percent of Frontier's fleet was comprised of the highly fuel-efficient A320neo family aircraft at quarter end, the highest percentage of all major U.S. carriersGenerated a record 107 available seat miles ("ASMs") per gallon, reaffirming Frontier's position as "America's Greenest Airline" as measured by fuel efficiency (ASMs per fuel gallon consumed during the first quarter, compared to all other major U.S. carriers)Received the Diamond Award of Excellence for 2024, the Federal Aviation Administration's most distinguished honor in recognition of Aircraft Maintenance Technicians and employers for their commitment to maintenance training and safetyLaunched 17 new routes which expanded service across the United States and the Caribbean, including Frontier's return to Tucson, Reno, and Antigua and Barbuda, and non-stop service from New York's JFK to MiamiAnnounced 22 new routes launching in the spring, including first-ever service at Seattle's Paine Field International Airport and Gregorio Luperón International Airport in Puerto Plata, Dominican Republic, the latter of which continues Frontier's rapid growth across the Caribbean