USA NEWS

Frontier Airlines lower flights after travel demand decreased in March

[ad_1]

Border Airways

Norfuto Norfuto Gety pictures

Border Airways join Delta Airlines In withdrawing her view throughout the full year and cutting flights due to low demand and “unconfirmed environment”.

The airline also reduced the budget in the first quarter. Frontier said that the growth of its revenues was probably increased by 5 % in the first quarter, as the capacity increased by 5 % from last year.

“It is expected that the growth of revenue will be less than expected due to the weak demand in March, which led to the deduction of fare and promotions throughout the industry, and was enlarged through the nature of border reservations,” Frontier said in a securities file.

Frontier pointed out that consumer confidence has decreased in March as a sign of poor demand.

Read more CNBC Airlines

The airline’s executives said they witnessed a lower demand due to the trade war of President Donald Trump, a mysterious economic view, a decrease in consumer confidence and the demobilization of the collective government.

Frontier is scheduled to report the results on May 1.

Do not miss these ideas from CNBC Pro

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button