Reported about 4 hours ago
Frontier Airlines' parent company, Frontier Group, has forecasted a more favorable profit for 2025 due to increased travel demand and improved pricing, leading to nearly a 15% rise in shares after announcing better-than-expected fourth-quarter results. The company's revenue per available seat miles grew by 15%, with an expectation of adjusted profit per share reaching at least $1, surpassing analysts' estimates. CEO Barry Biffle highlighted record revenue and a focus on achieving significant growth in profitability.
Source: YAHOO