Frontier Group Holdings, Inc. shares rise 1.25% premarket after Frontier Airlines announced new travel incentives to attract premium flyers.

Frontier Group Holdings, Inc. rose 1.25% in premarket trading, with the company's subsidiary, Frontier Airlines, announcing new travel incentives to attract premium flyers from rival airlines. The airline is offering limited-time perks such as companion travel certificates and instant elite gold status for $69, aiming to lure frequent flyers and gold- and silver-status members of competitors' loyalty programs.