Frontier Group Holdings, Inc. (ULCC) Tops Q2 EPS by 6c
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Frontier Airlines Reports Financial Results for the Second Quarter of 2021
August 4, 2021 4:01 PM EDTDENVER, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc. (NASDAQ: ULCC), today reported its financial results for the second quarter of 2021.
Frontier experienced strengthening demand for leisure travel during the second quarter, with capacity, as measured by ASMs, exceeding the levels achieved in the comparable pre-COVID quarter in 2019. The Company was profitable on a GAAP basis and ended the quarter with $936Â million of unrestricted cash and cash equivalents, the highest cash balance in the Companys history. Frontier is focused on positioning the airline to be... More
