Frontier Airlines hikes margin forecast on moderating capacity growth

Frontier Airlines has revised its third-quarter margin forecast, expecting an improvement due to capacity cuts that counterbalance the effects of slowing domestic travel demand. The airline now anticipates an adjusted pre-tax margin between flat and down 2%, an upgrade from the previous estimate of down 4% to 6%. Additionally, it has reduced its capacity growth forecast to 4%-5% from 4%-6%, aiming to enhance its flight network by focusing on high-fare markets with less competition.