Frontier Group Holdings, Inc. (ULCC) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone. Thank you for joining us and welcome to Frontier Group Holdings Q1 2026 earnings call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star 1 to raise your hand. To withdraw your question, please press star 1 again. I will now hand the conference over to David Erdman, Senior Director of Investor Relations. David, please go ahead. Thank you and good morning everyone. Welcome to our First quarter 2026 earnings call. Joining me today in speaking order are Jimmy Dempsey, President and Chief Executive Officer, Bobby Schroeder, Chief Commercial Officer, and Mark Mitchell, Chief Financial Officer. Each will deliver brief prepared remarks, and then we'll open the call for questions. Before we begin, I'll remind you that today's discussion will include forward-looking statements subject to risks and uncertainties, and we will be referring to certain non-GAAP financial measures throughout the call. Reconciliations to these non-GAAP financial measures can be found in the earnings release issued today and also posted on our investor relations website. We'll also be referencing stage adjusted unit metrics, which are based on 1,000 miles. So I'll give the call over to Jimmy to begin his prepared remarks. Jimmy? Thanks, David. Before I review the quarter, I'd like to briefly address Spirit's shutdown. Spirit played a meaningful role in providing affordable travel to a wide range of consumers in an industry dominated by four major airlines. While Frontier remains focused on ensuring consumers have access to affordable travel, our thoughts are with our friends and colleagues during this difficult time. Over the weekend, we provided discounted fares to assist affected customers on over 100 Sp...