AERO TRADING GROUP Corp

Frontier Airlines reports Q1 2021 financial results

Frontier Airlines reports Q1 2021 financial resultsFrontier Airlines reports Q1 2021 financial resultsFrontier Airlines reports Q1 2021 financial results

Frontier Group has reported a “strong rebound in demand” during the first quarter of 2021 (Q1 2021) as leisure travel strengthened ahead of spring break and Easter, which led the airline to a cash positive position in March. Even so, total operating revenues were $271 million, down by half compared to the first quarter of 2020. Frontier’s capacity, as measured by ASMs, was lower by 36% and RASM declined 22% compared to the same period a year ago. Although Frontier’s deployed capacity has not yet returned to pre-COVID-19 historical levels, the company’s departures in March 2021 were 7 percent higher than

Leave a Reply

Your email address will not be published. Required fields are marked *