ULCC News & Events

Stock futures are trading slightly higher this morning as investors digest the delayed jobs report release and recent mixed earnings. Employers added 130,000 jobs in January, according to the Labor Department. This comes in a report pushed back from last week by a government shutdown. The unemployment rate dipped to 4.3% from 4.4% in December. Retail sales data showing weaker consumer spending has softened risk appetite and boosted expectations for potential future Federal Reserve rate cuts.At the same time, commodities such as oil and precious metals have drawn interest, with oil prices rising on geopolitical tension and signs of steady demand, and gold and silver climbing as yields soften and safe-haven demand persists amid economic uncertainty.In pre-market trading, S&P 500 futures rose 0.52%, Nasdaq futures rose 0.69% and Dow futures rose 0.44%.Check out this morning's top movers from around Wall Street, compiled by The Fly.UP AFTER EARNINGS -Cloudflareup 14%Shopifyup 11%Frontier Groupup 7%BorgWarnerup 1%DOWN AFTER EARNINGS -Unitydown 26%Lyftdown 15%Robinhooddown 10%Kraft Heinzdown 8%Humanadown 6%T-Mobiledown 5%Tenet Healthcaredown 3%LOWER -Modernadown 10% after the FDA's Center for Biologics Evaluation and Research has notified the company that it will not initiate a review of the biologics license application for its investigational influenza vaccine, mRNA-1010, and has issued a refusal-to-file letter

Reports Q4 revenue $997M, consensus $973.55M. Reports Q4 RASM was 10.17c, while RASM on a stage adjusted basis to 1,000 miles was 9.61c, slightly higher than the comparable 2024 quarter. "As the quarter progressed, we benefited from a more constructive supply-demand environment, which, combined with our revenue management initiatives, supported Q4 results that were above guidance, overcoming sector-wide impacts of an extended government shutdown," commented Jimmy Dempsey, President and CEO. "As we look ahead to FY26, we are encouraged by demand trends and are laser focused on returning Frontier to profitability, strengthening our competitive position and driving enhanced value for our stakeholders. To achieve this, we're executing a strategy centered on four key priorities: rightsizing our fleet, strengthening our cost discipline, reducing cancellations and improving on-time performance, and maturing customer loyalty."

Frontier Group (ULCC) announced a non-binding agreement with AerCap Holdings (AER) for the early return of 24 A320neo aircraft currently in operation, all of which have lease agreements scheduled to expire within the next two to eight years. The 24 returns are expected to be completed during the second quarter of 2026. In turn, AerCap will agree to 10 future sale-leaseback transactions for deliveries scheduled for the years 2028 and 2029. These changes, along with other fleet initiatives, will strengthen Frontier's competitive position through increased fleet productivity.

Frontier Group sees Q1 adjusted EPS (26c)-(44c), consensus (28c)