Frontier Group Holdings Inc
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 8, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 5. Other Information
On August 7, 2024, the Company and Airbus entered into a binding term sheet, subject to execution of customary closing documentation, to, among other things, update the remaining firm aircraft purchase order delivery schedule, which defers previously scheduled firm aircraft delivery dates from 2025 through 2028 to later years. These changes are reflected in the table below and reflect scheduled aircraft received in July 2024:
| A320neo · A321neo · Total Aircraft · Engines | ||||
|---|---|---|---|---|
| Year Ending | ||||
| Remainder of 2024 | — | 9 | 9 | 1 |
| 2025 | 8 | 13 | 21 | 4 |
| 2026 | 7 | 15 | 22 | 4 |
| 2027 | 8 | 26 | 34 | 3 |
| 2028 | 4 | 30 | 34 | 2 |
| Thereafter | — | 76 | 76 | — |
| Total | 27 | 169 | 196 | 14 |
The foregoing information is included for the purpose of providing the disclosures required under “Item 1.01 – Entry Into a Material Definitive Agreement” of Form 8-K.
Rule 10b5-1 and Non-Rule 10b5-1 Trading Arrangements
During the fiscal quarter ended June 30, 2024, none of our directors or officers adopted, modified orterminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any other “non-Rule 10b5-1 trading arrangement” except as follows:
On May 19, 2024, Steve Schuller, our Senior Vice President of Human Resources, adopted a Rule 10b5-1(c) trading arrangement intended to satisfy the affirmative defense of Rule 10b5-1(c) for the sale of up to 40,000 shares of our common stock until May 16, 2026.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.