Frontier CEO says now making money with low fares in pandemic as stock debuts Toggle share menu
Advertisement
01 Apr 2021 09:25PM Share this content
Bookmark
CHICAGO: U.S. budget carrier Frontier Airlines is already making money and flying more than in 2019 before the coronavirus pandemic upended air travel last year, Chief Executive Barry Biffle told Reuters ahead of the company s Nasdaq debut on Thursday.
The airline started generating positive cash flow at the beginning of March, a key milestone for an industry that has been burning money after drastically scaling back flights last year as demand tanked.
Advertisement
Advertisement
Frontier is now benefiting from a recovery driven by domestic leisure travel, its specialty, flying more capacity this March than in the same month of 2019.
Miami
Florida
United-states
New-york
Tampa
Colorado
Orlando
Chicago
Illinois
Denver
Sherry-jacob-phillips
Jimmy-dempsey