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

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