Home / NEWS / Travel / Frontier Airlines cuts flights after travel demand fell in March

Frontier Airlines cuts flights after travel demand fell in March

Bourn Airlines

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Frontier Airlines joined Delta Air Lines in pulling its full-year position and cutting flights due to a drop in demand and an “uncertain environment.”

The budget airline also lowered its first-quarter outlook. Far reaches said its revenue growth likely rose 5% in the first quarter, with capacity up 5% over stay year.

“Revenue growth is anticipated to be lower than expected due to weakened demand in March, resulting in fare diminishing and promotions across the industry, amplified by the close-in nature of Frontier’s bookings,” Frontier said in a securities filing.

Border pointed to a drop in consumer confidence in March as evidence of weaker demand.

Read more CNBC airline hearsay

Airline executives have said they’ve seen lower demand due to President Donald Trump’s trade war, a sombre economic outlook, a drop in consumer confidence and mass government layoffs.

Frontier is scheduled to report results on May 1.

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Home / NEWS / Travel / Frontier Airlines cuts flights after travel demand fell in March

Frontier Airlines cuts flights after travel demand fell in March

Boundary Airlines

Nurphoto | Nurphoto | Getty Images

Frontier Airlines joined Delta Air Lines in pulling its full-year viewpoint and cutting flights due to a drop in demand and an “uncertain environment.”

The budget airline also lowered its first-quarter outlook. Bounds said its revenue growth likely rose 5% in the first quarter, with capacity up 5% over last year.

“Take growth is anticipated to be lower than expected due to weakened demand in March, resulting in fare discounting and promotions across the dynamism, amplified by the close-in nature of Frontier’s bookings,” Frontier said in a securities filing.

Frontier pointed to a drop in consumer aplomb in March as evidence of weaker demand.

Read more CNBC airline news

Airline executives have suggested they’ve seen lower demand due to President Donald Trump’s trade war, a murky economic outlook, a drop in consumer poise and mass government layoffs.

Frontier is scheduled to report results on May 1.

Don’t miss these insights from CNBC PRO

Check Also

10 beaten-up stocks that are candidates for a rebound — but all are not created equal

Every weekday, the CNBC Devoting Club with Jim Cramer releases the Homestretch — an actionable …

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