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Frontier Air says it experienced ‘strong rebound’ in leisure travel; stock gains

·1 min read
Frontier Air says it experienced ‘strong rebound’ in leisure travel; stock gains

Frontier Group Holdings Inc. stock gains more than 5% late Thursday after the ultra-low cost airline reports a narrower-than-expected quarterly loss and said it saw "a strong rebound" in leisure travel, the type it specializes in, leading the company to become cash positive.