Frontier Airlines hikes margin forecast on moderating capacity growth

Frontier Airlines News

Frontier Airlines hikes margin forecast on moderating capacity growth
Capacity GrowthBarry BifflePre-Tax Margin
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The airline raised its adjusted pre-tax margin to a range of flat to down 2%, compared with a prior view of down 4% to 6%. It lowered its capacity growth...

- Frontier Airlines expects its third-quarter margins to improve compared to prior forecast as capacity cuts offset the impact of moderating domestic travel demand, the low-cost U.S. carrier said on Wednesday.

CEO Barry Biffle had said in April the company would add flights to "high-fare" markets, where it faces less competition from other carriers and can charge more.Germany's largest industrial union, IG Metall, demanded a pay rise of 7% for almost four million workers in the country's auto, electrical and metal industries as collective bargaining talks got under way on Wednesday.

As “Brat” summer comes to a close, “Brat” fall is just beginning. Pop savant Charli XCX has officially announced a remix of “Talk Talk,” a song from her critically and commercially acclaimed album “Brat,” featuring her “Sweat” tour co-headliner Troye Sivan. The track comes out on Thursday. Though the remix’s artwork — which Charli revealed …TimesSquare Capital Management, an equity investment management company, released its “U.S. Focus Growth Strategy” second-quarter 2024 investor letter.

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