2024 Q3 Form 10-Q Financial Statement
#000167007624000123 Filed on August 08, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
Revenue | $935.0M | $973.0M |
YoY Change | 5.89% | 0.62% |
Cost Of Revenue | $438.0M | $435.0M |
YoY Change | -0.68% | 10.97% |
Gross Profit | $497.0M | $538.0M |
YoY Change | 12.44% | -6.43% |
Gross Profit Margin | 53.16% | 55.29% |
Selling, General & Admin | $499.0M | $496.0M |
YoY Change | 12.64% | 15.08% |
% of Gross Profit | 100.4% | 92.19% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $19.00M | $18.00M |
YoY Change | 46.15% | 50.0% |
% of Gross Profit | 3.82% | 3.35% |
Operating Expenses | $477.0M | $513.0M |
YoY Change | -3.83% | 3.43% |
Operating Profit | $19.00M | $25.00M |
YoY Change | -135.19% | -68.35% |
Interest Expense | $8.000M | $7.000M |
YoY Change | -11.11% | -22.22% |
% of Operating Profit | 42.11% | 28.0% |
Other Income/Expense, Net | $8.000M | $7.000M |
YoY Change | -11.11% | -22.22% |
Pretax Income | $27.00M | $32.00M |
YoY Change | -160.0% | -63.64% |
Income Tax | $1.000M | $1.000M |
% Of Pretax Income | 3.7% | 3.13% |
Net Earnings | $26.00M | $31.00M |
YoY Change | -181.25% | -56.34% |
Net Earnings / Revenue | 2.78% | 3.19% |
Basic Earnings Per Share | $0.11 | $0.14 |
Diluted Earnings Per Share | $0.11 | $0.14 |
COMMON SHARES | ||
Basic Shares Outstanding | 224.5M shares | 224.0M shares |
Diluted Shares Outstanding | 225.7M shares | 226.6M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $576.0M | $658.0M |
YoY Change | -10.0% | -15.64% |
Cash & Equivalents | $576.0M | $658.0M |
Short-Term Investments | ||
Other Short-Term Assets | $111.0M | $116.0M |
YoY Change | -0.89% | 58.9% |
Inventory | ||
Prepaid Expenses | $19.00M | $18.00M |
Receivables | $147.0M | $95.00M |
Other Receivables | $79.00M | $82.00M |
Total Short-Term Assets | $910.0M | $947.0M |
YoY Change | -2.78% | -6.14% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $367.0M | $350.0M |
YoY Change | 30.14% | -87.92% |
Goodwill | ||
YoY Change | ||
Intangibles | $27.00M | $27.00M |
YoY Change | -3.57% | -3.57% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $409.0M | $384.0M |
YoY Change | 17.19% | -50.32% |
Total Long-Term Assets | $4.916B | $4.742B |
YoY Change | 22.93% | 28.2% |
TOTAL ASSETS | ||
Total Short-Term Assets | $910.0M | $947.0M |
Total Long-Term Assets | $4.916B | $4.742B |
Total Assets | $5.826B | $5.689B |
YoY Change | 18.05% | 20.84% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $128.0M | $137.0M |
YoY Change | 17.43% | 50.55% |
Accrued Expenses | $758.0M | $744.0M |
YoY Change | 13.81% | 18.47% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $190.0M | $263.0M |
YoY Change | -28.57% | 10.97% |
Total Short-Term Liabilities | $1.724B | $1.821B |
YoY Change | 2.07% | 10.7% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $279.0M | $189.0M |
YoY Change | 26.82% | -2.07% |
Other Long-Term Liabilities | $114.0M | $110.0M |
YoY Change | -10.94% | -95.23% |
Total Long-Term Liabilities | $393.0M | $299.0M |
YoY Change | 12.93% | -88.03% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.724B | $1.821B |
Total Long-Term Liabilities | $393.0M | $299.0M |
Total Liabilities | $5.277B | $5.169B |
YoY Change | 20.1% | 24.79% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $142.0M | $116.0M |
YoY Change | -4.05% | -35.56% |
Common Stock | $0.00 | $0.00 |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $549.0M | $520.0M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $5.826B | $5.689B |
YoY Change | 18.05% | 20.84% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $26.00M | $31.00M |
YoY Change | -181.25% | -56.34% |
Depreciation, Depletion And Amortization | $19.00M | $18.00M |
YoY Change | 46.15% | 50.0% |
Cash From Operating Activities | -$156.0M | $9.000M |
YoY Change | -9.83% | -200.0% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $14.00M | $31.00M |
YoY Change | 0.0% | 158.33% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $2.000M | $4.000M |
YoY Change | -104.55% | -112.9% |
Cash From Investing Activities | -$12.00M | -$27.00M |
YoY Change | -79.31% | -37.21% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 86.00M | 54.00M |
YoY Change | -5.49% | 28.57% |
NET CHANGE | ||
Cash From Operating Activities | -156.0M | 9.000M |
Cash From Investing Activities | -12.00M | -27.00M |
Cash From Financing Activities | 86.00M | 54.00M |
Net Change In Cash | -82.00M | 36.00M |
YoY Change | -41.43% | -460.0% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$156.0M | $9.000M |
Capital Expenditures | $14.00M | $31.00M |
Free Cash Flow | -$170.0M | -$22.00M |
YoY Change | -9.09% | 4.76% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
224471666 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
224471666 | shares |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
71000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
5000000 | usd | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
223822565 | shares | |
us-gaap |
Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
|
0 | usd | |
us-gaap |
Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
|
1000000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-28000000 | usd | |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
222998790 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
222998790 | shares |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1000000 | usd | |
fron |
Increase Decrease In Supplies And Other Current Assets
IncreaseDecreaseInSuppliesAndOtherCurrentAssets
|
-1000000 | usd | |
fron |
Increase Decrease In Supplies And Other Current Assets
IncreaseDecreaseInSuppliesAndOtherCurrentAssets
|
-9000000 | usd | |
fron |
Increase Decrease In Deposits On Aircraft Maintenance
IncreaseDecreaseInDepositsOnAircraftMaintenance
|
-82000000 | usd | |
fron |
Increase Decrease In Deposits On Aircraft Maintenance
IncreaseDecreaseInDepositsOnAircraftMaintenance
|
9000000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
105000000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
93000000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
9000000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
6000000 | usd | |
fron |
Increase Decrease In Contract With Customer Liability Air Traffic
IncreaseDecreaseInContractWithCustomerLiabilityAirTraffic
|
70000000 | usd | |
fron |
Increase Decrease In Contract With Customer Liability Air Traffic
IncreaseDecreaseInContractWithCustomerLiabilityAirTraffic
|
40000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
28000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-60000000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-13000000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-34000000 | usd | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
48000000 | usd | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
23000000 | usd | |
fron |
Payments For Pre Delivery Deposits For Flight Equipment Net Of Refunds
PaymentsForPreDeliveryDepositsForFlightEquipmentNetOfRefunds
|
-15000000 | usd | |
fron |
Payments For Pre Delivery Deposits For Flight Equipment Net Of Refunds
PaymentsForPreDeliveryDepositsForFlightEquipmentNetOfRefunds
|
9000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
1000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
1000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-34000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-33000000 | usd | |
us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
142000000 | usd | |
us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
52000000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
161000000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
51000000 | usd | |
fron |
Proceeds From Sale Leaseback Transactions
ProceedsFromSaleLeasebackTransactions
|
116000000 | usd | |
fron |
Proceeds From Sale Leaseback Transactions
ProceedsFromSaleLeasebackTransactions
|
89000000 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1000000 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1000000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
2000000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
5000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
96000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
86000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
49000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
19000000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
609000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
761000000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
509000000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-13000000 | usd |
CY2023Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
5000000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
-7000000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4000000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
488000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
71000000 | usd |
CY2023Q2 | fron |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent Amortization
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParentAmortization
|
1000000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
2000000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1000000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3000000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
566000000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
507000000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-26000000 | usd |
CY2024Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
2000000 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1000000 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4000000 | usd |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5000000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
520000000 | usd |
fron |
Number Of Airports
NumberOfAirports
|
100 | airport | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-bottom:12pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts in the financial statements and accompanying notes. Actual results could differ from those estimates.</span></div> | ||
CY2024Q2 | fron |
Contract With Customer Liability Air Traffic
ContractWithCustomerLiabilityAirTraffic
|
325000000 | usd |
CY2023Q4 | fron |
Contract With Customer Liability Air Traffic
ContractWithCustomerLiabilityAirTraffic
|
259000000 | usd |
fron |
Contract With Customer Liability Revenue Recognized Percentage
ContractWithCustomerLiabilityRevenueRecognizedPercentage
|
0.89 | ||
CY2024Q2 | fron |
Contract With Customer Liability Travel Club Revenue Current
ContractWithCustomerLiabilityTravelClubRevenueCurrent
|
47000000 | usd |
CY2023Q4 | fron |
Contract With Customer Liability Travel Club Revenue Current
ContractWithCustomerLiabilityTravelClubRevenueCurrent
|
60000000 | usd |
CY2024Q2 | fron |
Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
|
10000000 | usd |
fron |
Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
|
18000000 | usd | |
CY2023Q2 | fron |
Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
|
10000000 | usd |
fron |
Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
|
20000000 | usd | |
CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
973000000 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
967000000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1838000000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1815000000 | usd | |
CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
973000000 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
967000000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1838000000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1815000000 | usd | |
CY2024Q2 | fron |
Supplier Incentives Current
SupplierIncentivesCurrent
|
72000000 | usd |
CY2023Q4 | fron |
Supplier Incentives Current
SupplierIncentivesCurrent
|
50000000 | usd |
CY2024Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
18000000 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
21000000 | usd |
CY2024Q2 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
17000000 | usd |
CY2023Q4 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
13000000 | usd |
CY2024Q2 | fron |
Income Taxes And Other Taxes Receivable Current
IncomeTaxesAndOtherTaxesReceivableCurrent
|
4000000 | usd |
CY2023Q4 | fron |
Income Taxes And Other Taxes Receivable Current
IncomeTaxesAndOtherTaxesReceivableCurrent
|
3000000 | usd |
CY2024Q2 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
5000000 | usd |
CY2023Q4 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
3000000 | usd |
CY2024Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
116000000 | usd |
CY2023Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
90000000 | usd |
CY2024Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
0 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
3000000 | usd |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
0 | usd | |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
-4000000 | usd | |
CY2024Q2 | fron |
Passenger Taxes And Fees Payable Current
PassengerTaxesAndFeesPayableCurrent
|
163000000 | usd |
CY2023Q4 | fron |
Passenger Taxes And Fees Payable Current
PassengerTaxesAndFeesPayableCurrent
|
125000000 | usd |
CY2024Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
107000000 | usd |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
107000000 | usd |
CY2024Q2 | fron |
Accrued Landing Fees And Other Rentals Current
AccruedLandingFeesAndOtherRentalsCurrent
|
73000000 | usd |
CY2023Q4 | fron |
Accrued Landing Fees And Other Rentals Current
AccruedLandingFeesAndOtherRentalsCurrent
|
69000000 | usd |
CY2024Q2 | fron |
Accrued Aircraft Maintenance Materials And Repairs Current
AccruedAircraftMaintenanceMaterialsAndRepairsCurrent
|
43000000 | usd |
CY2023Q4 | fron |
Accrued Aircraft Maintenance Materials And Repairs Current
AccruedAircraftMaintenanceMaterialsAndRepairsCurrent
|
76000000 | usd |
CY2024Q2 | fron |
Accrued Fuel Costs Current
AccruedFuelCostsCurrent
|
36000000 | usd |
CY2023Q4 | fron |
Accrued Fuel Costs Current
AccruedFuelCostsCurrent
|
35000000 | usd |
CY2024Q2 | fron |
Leased Aircraft Return Liability Current
LeasedAircraftReturnLiabilityCurrent
|
22000000 | usd |
CY2023Q4 | fron |
Leased Aircraft Return Liability Current
LeasedAircraftReturnLiabilityCurrent
|
1000000 | usd |
CY2024Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
41000000 | usd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
48000000 | usd |
CY2024Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
485000000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
461000000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
455000000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
474000000 | usd |
CY2024Q2 | fron |
Long Term Debt Current Maturities Gross
LongTermDebtCurrentMaturitiesGross
|
263000000 | usd |
CY2023Q4 | fron |
Long Term Debt Current Maturities Gross
LongTermDebtCurrentMaturitiesGross
|
251000000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
3000000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
4000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
189000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
219000000 | usd |
CY2024Q2 | fron |
Debt Instrument Term After Interest Only Period
DebtInstrumentTermAfterInterestOnlyPeriod
|
P12M | |
us-gaap |
Interest Paid
InterestPaid
|
17000000 | usd | |
us-gaap |
Interest Paid
InterestPaid
|
12000000 | usd | |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
141000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
159000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
0 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
0 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
69000000 | usd |
CY2024Q2 | fron |
Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
|
86000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
455000000 | usd |
CY2024Q2 | fron |
Gain Loss On Renewal Of Lease
GainLossOnRenewalOfLease
|
-147000000 | usd |
fron |
Gain Loss On Renewal Of Lease
GainLossOnRenewalOfLease
|
-306000000 | usd | |
CY2023Q2 | fron |
Gain Loss On Renewal Of Lease
GainLossOnRenewalOfLease
|
-148000000 | usd |
fron |
Gain Loss On Renewal Of Lease
GainLossOnRenewalOfLease
|
-279000000 | usd | |
CY2024Q2 | fron |
Supplemental Rent Expense Benefit Non Recoverable
SupplementalRentExpenseBenefitNonRecoverable
|
-7000000 | usd |
fron |
Supplemental Rent Expense Benefit Non Recoverable
SupplementalRentExpenseBenefitNonRecoverable
|
-7000000 | usd | |
CY2023Q2 | fron |
Supplemental Rent Expense Benefit Non Recoverable
SupplementalRentExpenseBenefitNonRecoverable
|
-2000000 | usd |
fron |
Supplemental Rent Expense Benefit Non Recoverable
SupplementalRentExpenseBenefitNonRecoverable
|
-2000000 | usd | |
CY2024Q2 | fron |
Supplemental Rent Expense Lease Return Obligations
SupplementalRentExpenseLeaseReturnObligations
|
1000000 | usd |
fron |
Supplemental Rent Expense Lease Return Obligations
SupplementalRentExpenseLeaseReturnObligations
|
14000000 | usd | |
CY2023Q2 | fron |
Supplemental Rent Expense Lease Return Obligations
SupplementalRentExpenseLeaseReturnObligations
|
22000000 | usd |
fron |
Supplemental Rent Expense Lease Return Obligations
SupplementalRentExpenseLeaseReturnObligations
|
24000000 | usd | |
CY2024Q2 | fron |
Aircraft Lease Returns Liability
AircraftLeaseReturnsLiability
|
31000000 | usd |
CY2023Q4 | fron |
Aircraft Lease Returns Liability
AircraftLeaseReturnsLiability
|
26000000 | usd |
CY2024Q2 | fron |
Lessee Maintenance Deposit Refund
LesseeMaintenanceDepositRefund
|
104000000 | usd |
fron |
Number Of Airports
NumberOfAirports
|
100 | airport | |
CY2024Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
155000000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
131000000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
302000000 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
258000000 | usd | |
CY2024Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
94000000 | usd |
CY2023Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
70000000 | usd |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
173000000 | usd | |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
144000000 | usd | |
CY2024Q2 | us-gaap |
Lease Cost
LeaseCost
|
249000000 | usd |
CY2023Q2 | us-gaap |
Lease Cost
LeaseCost
|
201000000 | usd |
us-gaap |
Lease Cost
LeaseCost
|
475000000 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
402000000 | usd | |
CY2024Q2 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
155000000 | usd |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
302000000 | usd | |
CY2023Q2 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
130000000 | usd |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
257000000 | usd | |
CY2024Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5000000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
9000000 | usd | |
CY2023Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3000000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7000000 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
758217 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
1.25 | ||
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
5.26 | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
750000000 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
750000000 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q2 | us-gaap |
Preproduction Costs Related To Long Term Supply Arrangements Costs Capitalized
PreproductionCostsRelatedToLongTermSupplyArrangementsCostsCapitalized
|
88000000 | usd |
CY2023Q4 | us-gaap |
Preproduction Costs Related To Long Term Supply Arrangements Costs Capitalized
PreproductionCostsRelatedToLongTermSupplyArrangementsCostsCapitalized
|
78000000 | usd |
CY2024Q2 | us-gaap |
Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
|
668000000 | usd |
CY2024Q2 | us-gaap |
Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
|
2224000000 | usd |
CY2024Q2 | us-gaap |
Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
|
2477000000 | usd |
CY2024Q2 | us-gaap |
Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
|
2066000000 | usd |
CY2024Q2 | us-gaap |
Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
|
2467000000 | usd |
CY2024Q2 | fron |
Purchase Obligation To Be Paid After Year Four
PurchaseObligationToBePaidAfterYearFour
|
2002000000 | usd |
CY2024Q2 | us-gaap |
Purchase Obligation
PurchaseObligation
|
11904000000 | usd |
CY2024Q2 | us-gaap |
Litigation Settlement Gain
LitigationSettlementGain
|
50000000 | usd |
CY2024Q2 | fron |
Multiemployer Plan Number Of Employee Groups
MultiemployerPlanNumberOfEmployeeGroups
|
7 | employeegroup |
us-gaap |
Multiemployer Plan Pension Significant Employees Covered By Collective Bargaining Arrangement To All Entitys Employees Percentage
MultiemployerPlanPensionSignificantEmployeesCoveredByCollectiveBargainingArrangementToAllEntitysEmployeesPercentage
|
0.88 | ||
CY2024Q2 | us-gaap |
Self Insurance Reserve
SelfInsuranceReserve
|
6000000 | usd |
CY2023Q4 | us-gaap |
Self Insurance Reserve
SelfInsuranceReserve
|
5000000 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
31000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
71000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
5000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
58000000 | usd | |
CY2024Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
0 | usd |
CY2023Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
2000000 | usd |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
0 | usd | |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
2000000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
31000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
69000000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
5000000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
56000000 | usd | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
224214030 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
219402647 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
223822565 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
218792850 | shares | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.14 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.32 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.02 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.26 | ||
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
31000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
58000000 | usd | |
CY2024Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
0 | usd |
CY2023Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
2000000 | usd |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
0 | usd | |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
2000000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
31000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
69000000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
5000000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
56000000 | usd | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
224214030 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
219402647 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
218792850 | shares | |
CY2024Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2389768 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1023012 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2380811 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1430423 | shares | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
226603798 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
220425659 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
226203376 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
220223273 | shares | |
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.14 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.31 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.02 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.26 | ||
CY2024Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5007745 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5154621 | shares | |
CY2023Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2886151 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2264024 | shares | |
CY2024Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.031 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.375 | ||
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.193 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.183 | ||
CY2024Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
35000000 | usd |
CY2024Q2 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-7000000 | usd |
us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-2000000 | usd | |
CY2024Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
1000000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
1000000 | usd |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |