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ULCC Frontier group News Story

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Frontier Group posts smaller‑than‑expected first-quarter loss, shares rise

Updates

** Shares of Frontier Airlines parent, Frontier Group Holdings ULCC.O rise 8% to about $4.41

** Co posts smaller-than-expected first-quarter loss as U.S. travel demand rebounds

** Says it expects to capture a significant share of demand after Spirit Airlines' recent shutdown

** Frontier's Q1 adjusted loss of 30 cents per share lower than analysts' expectation of a 36-cent loss - data compiled by LSEG

** Including session's moves, ULCC down 6.3% YTD

 (Reporting by Megavarshini G. Somasundaram and Parth Chandna in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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