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Air traffic liability at other companies

Delta Air Lines logo
Delta Air LinesDAL
$15.75M+26.0%
Delta Air Lines logo
Delta Air LinesDAL
$10.74B+7.2%
Southwest Airlines logo
Southwest AirlinesLUV
$3.97B-2.2%
Alaska Air Group logo
Alaska Air GroupALK
$2.38B
United Airlines Holdings logo
United Airlines HoldingsUAL
$11.67B+11.4%
Delta Air Lines logo
Delta Air LinesDAL
$10.77B+6.9%

Other financials

Income statement

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Revenue$992.0M+8.8%
Operating income-$283.0M-515%
Net income-$272.0M-533%
EPS (diluted)-$1.18-521%

Balance sheet

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Cash & equivalents$772.0M+12.5%
Total debt$5.2B+9.5%
Total equity$222.0M-61.1%
Total assets$7.0B+8.3%

Cash flow

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Operating cash flow$40.0M+147%
CapEx$12.0M-33.3%
Free cash flow$28.0M+127%

Valuation

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Market cap$1.71B-17.8%
Enterprise value$6.18B+3.8%
P/S0.5×-0.1×

Profitability

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Operating margin-4.1%-4.4pp
Net margin-3.6%-3.8pp
FCF margin-12.3%

Returns & leverage

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Return on equity-27.7%-28.9pp
Debt / equity23.6×+15.2×
Current ratio0.5×0.0×

Where this comes from

Reported directly by Frontier Group Holdings, Inc. in its filing.

Tagged under the XBRL concept fron:IncreaseDecreaseInContractWithCustomerLiabilityAirTraffic.

The official record: Frontier Group Holdings, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Frontier Group Holdings, Inc.'s air traffic liability?
Frontier Group Holdings, Inc. (ULCC) reported air traffic liability of $107M in Q1 2026.
How has Frontier Group Holdings, Inc.'s air traffic liability changed year-over-year?
Frontier Group Holdings, Inc.'s air traffic liability increased by 67.2% year-over-year, from $64M to $107M.
What does air traffic liability mean?
Represents the net change in cash received from customers for air travel that has not yet been provided, often referred to as unearned revenue. This is a critical indicator of forward booking demand and the company's ability to generate immediate cash flow from ticket sales. Growth in this liability suggests strong future revenue visibility.