Funds airline Frontier Airways recordsdata for an IPO … once more

Frontier Airlines aircraft stand at the gates of the A Concourse at Denver International Airport in Denver.

David Zalubowski | AP

Frontier Airlines filed for an IPO on Monday, a second attempt at going public as the industry tries to recover from the Covid-19 pandemic.

The airline is currently owned by private equity firm Indigo Partners, whose managing partner is aviation industry veteran and budget pioneer Bill Franke.

The airline had a 2020 loss of $ 225 million on revenue of $ 1.25 billion versus net income of $ 251 million on revenue of $ 2.5 billion last year.

The company suspended its IPO plans last summer after filing in 2017.

The Denver-based airline plans to list on the Nasdaq under the ticker FRNT.

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