Frontier CEO says now making money with low fares in pandemic as stock debuts Toggle share menu
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01 Apr 2021 09:25PM Share this content
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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.
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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.
Frontier CEO says now making money with low fares in pandemic as stock debuts
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Frontier CEO says now making money with low fares in pandemic as stock debuts
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.