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2.56016385038951E-06 0.00281362007168449 0.00358422939068102 0.00870455709165377 0.0263696876600103 0.00537634408602153 0.0156169994879672 -0.00346390168970816
Stock impact report

Frontier Airlines cuts flights after travel demand fell in March [CNBC]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: CNBC
The airline plans to reduce its capacity to match weaker-than-expected demand. Frontier follows Delta Air Lines in cutting its capacity plans and pulling full-year guidance. Frontier Airlines joined in pulling its and cutting flights due to a drop in demand and an “uncertain environment.” The budget airline also cut its first-quarter outlook. Frontier said its revenue growth likely rose 5% in the first quarter, with capacity up 5% over last year. “Revenue growth is anticipated to be lower than expected due to weakened demand in March, resulting in fare discounting and promotions across the industry, amplified by the close-in nature of Frontier's bookings,” Frontier said in a securities filing. Frontier pointed to a drop in consumer confidence in March as evidence of weaker demand. Airline executives have said they've seen lower demand due to President 's , a murky economic outlook, a drop in consumer confidence and Frontier reports results on May 1. Show less Read more
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