Cautionary Statement Regarding Forward-Looking Statements and Information: Certain statements in this release should be considered forward-looking statements within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. (b) As a result of an early termination and buyout agreement executed in May 2021 with one of the Companys lessors, Frontier was able to accelerate the removal of the remaining four A319 aircraft from its fleet. The Company also has a $161 million current income tax receivable from its annual tax returns filed during the first quarter of 2021. We are tireless in our efforts to save you money on your flights, but we know that low fares alone arent enough. These aircraft commitments bring the Company's total aircraft order as of December31, 2021 to 234 aircraft to be delivered through 2029, including 76 A320neo aircraft and 158 A321neo aircraft. Founded in 1994, they are committed to providing their customers with low fares and quality service. Frontier definitely will weigh and measure your checked bags when you check in, so make sure your checked bags meet the size and weight requirements. (c) Represents the impact of the change in value and vesting of phantom equity units pursuant to the Pilot Phantom Equity Plan. Frontier Airlines hired more than 670 new flight attendants and 170 pilots in 2021 and will continue to welcome more crew members in 2022. Email us at [emailprotected]. Frontier's average daily aircraft utilization continued to recover, improving from 10.6 hours per day in the third quarter of 2021 to 10.9 hours per day in the fourth quarter 2021. Every Frontier aircraft features a special animal on its tail. As of September30, 2021, the Company had commitments to purchase an additional 143 aircraft to be delivered through 2028, including 76 A320neo aircraft and 67 A321neo aircraft. Frontier is now seeing an improvement in fare levels as the holiday season approaches, however, fuel prices have continued to increase, creating a short-term cost hurdle to overcome. Frontiers $105.75 of total revenue per passenger during the quarter included $63.01 of ancillary revenue per passenger. We offer valuable opportunities to our pilots including a. We're sorry but we won't accept unaccompanied minors who are under five years of age. Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss)($ in millions) (unaudited). The expansion will continue through the balance of 2021, with new stations being added in Antigua, Belize, and Costa Rica along with Frontier's largest ever schedule in Orlando. Actual results could differ materially from these forward-looking statements due to numerous factors including, without limitation, the following: the adverse impacts of the ongoing COVID-19 pandemic, including the most recent Delta and Omicron variants and any other future variants of the virus, and possible outbreaks of another disease or similar public health threat in the future, on the Companys business, operating results, financial condition, liquidity and near-term and long-term strategic operating plan, including possible additional adverse impacts resulting from the duration and spread of the pandemic; risks related to the proposed business combination with Spirit Airlines, Inc. as detailed in the separate filing on Form 8-K made on the date hereof; unfavorable economic and political conditions in the states where the Company operates and globally; the highly competitive nature of the global airline industry and susceptibility of the industry to price discounting and changes in capacity; high and/or volatile fuel prices or significant disruptions in the supply of aircraft fuel; the Company's reliance on technology and automated systems to operate its business and the impact of any significant failure or disruption of, or failure to effectively integrate and implement, the technology or systems; the Companys reliance on third-party service providers and the impact of any failure of these parties to perform as expected, or interruptions in the Company's relationships with these providers or their provision of services; adverse publicity and/or harm to the Company's brand or reputation; reduced travel demand and potential tort liability as a result of an accident, catastrophe or incident involving the Company, its codeshare partners, or another airline; terrorist attacks, international hostilities or other security events, or the fear of terrorist attacks or hostilities, even if not made directly on the airline industry; increasing privacy and data security obligations or a significant data breach; further changes to the airline industry with respect to alliances and joint business arrangements or due to consolidations; changes in the Company's network strategy or other factors outside its control resulting in less economic aircraft orders, costs related to modification or termination of aircraft orders or entry into less favorable aircraft orders; the Company's reliance on single suppliers to source a majority of its aircraft and certain parts, and the impact of any failure to obtain timely deliveries, additional equipment or support from any of these suppliers; the impacts of union disputes, employee strikes or slowdowns, and other labor-related disruptions on the Company's operations; extended interruptions or disruptions in service at major airports where the Company operates; the impacts of seasonality and other factors associated with the airline industry; the Company's failure to realize the full value of its intangible assets or its long-lived assets, causing the Company to record impairments; the costs of compliance with extensive government regulation of the airline industry; costs, liabilities and risks associated with environmental regulation and climate change; the Company's inability to accept or integrate new aircraft into the Company's fleet as planned; the impacts of the Company's significant amount of financial leverage from fixed obligations; the possibility the Company may seek material amounts of additional financial liquidity in the short-term and the impacts of insufficient liquidity on the Company's financial condition and business; failure to comply with the covenants in the Company's financing agreements or failure to comply with financial and other covenants governing the Company's other debt; changes in, or failure to retain, the Company's senior management team or other key employees; current or future litigation and regulatory actions, or failure to comply with the terms of any settlement, order or arrangement relating to these actions; increases in insurance costs or inadequate insurance coverage; and other risks and uncertainties set forth from time to time under the sections captioned "Risk Factors" in the Company's reports and other documents filed with the Securities and Exchange Commission (the SEC), including the Companys Quarterly Report on Form 10-Q for the quarter ended September 30, 2021. o The name and telephone number of the adult meeting the child at his/her destination. Derivations of net income and CASM are well-recognized performance measurements in the airline industry that are frequently used by the Companys management, as well as by investors, securities analysts and other interested parties in comparing the operating performance of companies in the airline industry. The Company recognized $23 million of net income on a GAAP basis during the quarter. Words such as "expects," "will," "plans," "intends," "anticipates," "indicates," "remains," "believes," "estimates," "forecast," "guidance," "outlook," "goals," "targets" and similar expressions are intended to identify forward-looking statements. (d) Represents $15million of costs related to a one-time contract ratification incentive, plus $3million in payroll-related taxes and certain other compensation and benefits-related accruals earned through March 31, 2019 and committed to by the Company as part of a tentative agreement with the union representing the Company's flight attendants that was reached in March 2019 for a contract that was ratified and became effective in May 2019, in addition to $4million in pilot vacation accrual adjustments during the fourth quarter of 2019 as a result of the ratified agreement with the union representing the Company's pilots specifically tied to the implementation of a preferred bidding system. Frontiers fleet is the most fuel-efficient of all major U.S. carriers when measured by ASMs per fuel gallon consumed. Please see Reconciliation of Non-GAAP Financial Information on page 8 below. If youve been searching for a scaled-down version of a classic car to race around your privateestate, youre in luck: The Little Car Company based in the United Kingdom is the global leader in the production of iconic cars that are fully operational, 75 percent scale models of the original. Additionally, the Company believes this metric is a useful comparator because it removes certain items that may not be indicative of base operating performance or future results. Checked bags weighing 41-50 pounds will incur . _________________(a) The Company expects that demand will continue to recover as 2021 progresses and will monitor and adjust capacity levels as appropriate. The only place in the world to get ALL Airline Safety Ratings in one place! Flying Frontier Airlines during the pandemic. It's our mission to make that experience easy, affordable and enjoyable. Ability to travel in and out of the U.S. to all cities/countries served by Frontier Airlines, Inc. Ability and willingness to work weekends, nights, holidays and overnight trips, Ability and desire to maintain a well-groomed and professional appearance, Ability to pass pre-employment drug testing and background checks, Experience with sophisticated aircraft equipment including Electronic Flight Instrument Systems (EFIS) and Flight Management Systems (FMS) preferred. Us, Optional __________________(a) Cost per ASM figures may not recalculate due to rounding(b) See Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss) above for discussion on adjusting items. Some airlines and routes operate on a seasonal basis. With nearly 30 million overseas residents recorded visiting the United Kingdom in 2022, according to Statista, this number is expected to climb another 5 million this year, surpassing 2019 numbers. Visit our Ratings Now! OFF. (i) Represents the tax impact of the non-GAAP adjustments, taking into consideration the non-deductibility of the warrant mark to market adjustments for tax purposes. Our pilots receive industry competitive benefits. During February 2022, the Company repaid the $150 million outstanding under the Treasury Loan. The new collection highlights gold as the new black and features luxury shoes, purses and clothing to inspire and empower all women. Frontier's ancillary revenue per passenger during the third quarter was 12 percent higher than the comparable pre-COVID quarter in 2019. Ukrainian brand Kachorovska recently launched its newest collection in honor of the first anniversary of the Russian invasion. Hours logged in flight simulators, or as flight engineer, bombardier, navigator, WSO, EWO, RIO, NFO, UAV, or Special Crew will not be considered as flight time for these purposes. Frontier ended the fourth quarter of 2021 with $918million of unrestricted cash and cash equivalents. Generated $63 of ancillary revenue per passenger during the fourth quarter of 2021, eight percent higher than the comparable 2019 quarter. About Frontier Airlines: Frontier Airlines (NASDAQ: ULCC) is committed to "Low Fares Done Right . Frontier was profitable in the third quarter on a GAAP basis, recognizing $23 million of net income. Frontier continued its domestic and international expansion, opening four new stations and operating an average of over 450 flights per day. The ONLY airline rating that includes Safety, Product and COVID-19 safety ratings! These aircraft commitments will enable the Company to significantly increase in size by 2029. The use of these aircraft, Frontiers seating configuration, weight-saving tactics and baggage process have all contributed to the airlines average of 43 percent fuel savings compared to other U.S. airlines (fuel savings is based on Frontier Airlines 2019 ASMs per fuel gallon consumed compared to the weighted average of major U.S. airlines), which makes Frontier the most fuel-efficient U.S. airline. Email: investorrelations@flyfrontier.com Phone: 917.518.1378. Email: JenniferF.Delacruz@flyfrontier.com Phone: 720.374.4207 The Company is providing below a reconciliation of GAAP financial information to the non-GAAP financial information provided. This amount of ancillary revenue per passenger was five percent higher than the second quarter of 2021 and 12 percent higher than the $56.32 of ancillary revenue per passenger generated during the comparable pre-COVID quarter in 2019. Frontier continued its domestic and international network expansion during the third quarter, opening stations in St. Maarten, San Jose, Costa Rica, and Burbank, California, as well as expanding the Company's Las Vegas schedule to its highest number of departures ever. (f) Represents the recognition of $278million of grant funding received from the U.S. government for payroll support pursuant to PSP2 and PSP3 during the year ended December31, 2021 in addition to $17 million in employee retention credits qualified for under the CARES Act during the year ended December 31, 2021. Total operating revenues for the third quarter of 2021 were $630 million, with total revenue per passenger of $105.75, an increase of eight percent compared to the $98.06 generated in the second quarter of 2021 and reflecting 97 percent of the comparable amount during the pre-COVID quarter in 2019. Total operating revenue for the fourth quarter of 2021 of $609 million was 93 percent of the revenue recognized in the comparable 2019 quarter, while total revenue per passenger of $103.41 was 96 percent of the revenue recognized in the comparable 2019 quarter. Reconciliation of Total Operating Expenses to Adjusted Total Operating Expenses($ in millions) (unaudited), __________________(a) See Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss) above for discussion on adjusting items.Reconciliation of EBITDA to EBITDAR and EBITDA to Adjusted EBITDAR($ in millions) (unaudited), __________________(a) See Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss) above for discussion on adjusting items. Menu, Tips San Juan, PR - Santo Domingo The following is a summary of the fourth quarter and full year 2021 select financial results, including both GAAP and adjusted (Non-GAAP) metrics. 6053 rd It operates flights to over 100 destinations throughout the United States and 31 international destinations, and employs more than 3,000 staff. Frontier Airlines Saw Exponential Growth in 2021. Reconciliation of Non-GAAP Financial Information. Such forward-looking statements are and will be subject to many risks and uncertainties relating to the Companys operations and business environment that may cause actual results to differ materially from any future results expressed or implied in such forward-looking statements. Learn more about our business model at Why Fly Frontier! As of September30, 2021, Frontier had a fleet of 112 Airbus single-aisle aircraft, consisting of 73 A320neos, 18 A320ceos, and 21 A321ceos. Opened in December 2022, the hotel is located on the corner of Chorlton and Canal streets, in the citys vibrant Village neighborhood. Of this amount, ancillary revenue was $63 per passenger, eight percent higher than the comparable 2019 quarter, supported by the economic recovery and the Company's innovative product offerings. Adjusted CASM including net interest is not determined in accordance with GAAP, may not be comparable across all carriers and should not be considered in isolation or as a substitute for performance measures calculated in accordance with GAAP.%, Contacts: Executed an order of 91 additional A321neo aircraft in November 2021 which are scheduled for delivery between 2023 and 2029. TheFrontierteam showed outstanding resilience and determination this year to accomplish unprecedented results, Biffle noted. We are here to help 24/7. Derivations of net income and CASM are well-recognized performance measurements in the airline industry that are frequently used by the Companys management, as well as by investors, securities analysts and other interested parties in comparing the operating performance of companies in the airline industry. On an Adjusted CASM (excluding fuel) basis, operating expenses were 6.50 cents during the quarter compared to 5.21 cents in the fourth quarter of 2019 and 6.55 cents during the third quarter of 2021, reflecting continued cost discipline while managing lower utilization. Frontier Airlines Coupons & Promo Codes Submit a Coupon Save with 7 Frontier Airlines Offers. Frontier completed an order of 91 additional A321neo aircraft in November 2021 that are scheduled for delivery between 2023 and 2029. View a map of destination cities served by Frontier Airlines and its partners. With over 140 new Airbus planes on order, Frontier will continue to grow to deliver on the mission of providing affordable travel across America. In 2021 alone, Fronter added 14 more Airbus A320 aircraft to its fuel-efficient Airbus fleet. Attendants immediately offered us drinks and refreshments and, after confirming all reservation details and dietary restrictions, gave us our bracelets, which would act as our key cards at the resort. DENVER, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc. (NASDAQ: ULCC), today reported its financial results for the third quarter of 2021. Frontier took delivery of five A320neo aircraft during the quarter. Total revenue per passenger included $63.00 of ancillary revenue, consistent with the third quarter of 2021 and eight percent higher than the $58.18 of ancillary revenue per passenger generated during the comparable 2019 quarter. 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