Frontier Group Holdings Files 8-K
Ticker: ULCC · Form: 8-K · Filed: May 13, 2024 · CIK: 1670076
Sentiment: neutral
Topics: regulation-fd, disclosure, airline
Related Tickers: ULCC
TL;DR
FRNT filed an 8-K on May 13th for an event on May 10th - likely material info.
AI Summary
Frontier Group Holdings, Inc. filed an 8-K on May 13, 2024, reporting an event on May 10, 2024. The filing is a Regulation FD Disclosure, indicating a public announcement or disclosure of material information. Specific details of the disclosure are not provided in this excerpt, but it pertains to the air transportation industry.
Why It Matters
This filing signals a material event or disclosure by Frontier Group Holdings, Inc. that could impact investors and the market's perception of the company.
Risk Assessment
Risk Level: medium — An 8-K filing often contains material information that can significantly impact a company's stock price, requiring investor attention.
Key Numbers
- 001-40304 — SEC File Number (Identifier for Frontier Group Holdings, Inc.'s filings)
- 46-3681866 — IRS Number (Employer Identification Number for Frontier Group Holdings, Inc.)
Key Players & Entities
- Frontier Group Holdings, Inc. (company) — Registrant
- 0001670076-24-000087 (filing_id) — Accession Number
- May 10, 2024 (date) — Earliest event date
- May 13, 2024 (date) — Filing date
- AIR TRANSPORTATION, SCHEDULED (industry) — Standard Industrial Classification
FAQ
What specific information was disclosed in the Regulation FD disclosure?
The provided excerpt does not detail the specific content of the Regulation FD disclosure, only that it was filed on May 13, 2024, for an event on May 10, 2024.
What is the primary business of Frontier Group Holdings, Inc. according to the filing?
Frontier Group Holdings, Inc. is classified under 'AIR TRANSPORTATION, SCHEDULED' (SIC code 4512).
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on May 10, 2024.
What is the filing date of this 8-K report?
This 8-K report was filed on May 13, 2024.
What is the principal executive office address for Frontier Group Holdings, Inc.?
The principal executive offices are located at 4545 Airport Way, Denver, CO 80239.
Filing Stats: 543 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-05-13 16:06:33
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share ULCC The Nasdaq Sto
- $104 m — t maintenance deposits of approximately $104 million, which were allocated across the
Filing Documents
- fron-20240510.htm (8-K) — 24KB
- 0001670076-24-000087.txt ( ) — 143KB
- fron-20240510.xsd (EX-101.SCH) — 2KB
- fron-20240510_lab.xml (EX-101.LAB) — 21KB
- fron-20240510_pre.xml (EX-101.PRE) — 12KB
- fron-20240510_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On May 10, 2024, Frontier Airlines, Inc. ("Frontier"), a wholly owned subsidiary of Frontier Group Holdings, Inc. (the "Company"), entered into amendments to certain lease agreements with one of its aircraft lessors (the "Lease Amendments"). The Lease Amendments modified certain return condition obligations for nine aircraft and provided that the lessor shall disburse to Frontier previously paid aircraft maintenance deposits of approximately $104 million, which were allocated across the nine aircraft and were previously recorded as aircraft maintenance deposits within the Company's consolidated balance sheets. As a result of the Lease Amendments, Frontier has no remaining obligations to pay monthly maintenance reserves on its aircraft leases. The information in this Current Report on Form 8-K is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FRONTIER GROUP HOLDINGS, INC. Date: May 13, 2024 By: /s/ Howard M. Diamond Howard M. Diamond Executive Vice President, Legal and Corporate Affairs