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Frontier Airlines lowers forecast after delta variant hurt bookings - TL;DR CNBC

Frontier Airlines lowers forecast after delta variant hurt bookings

Publishing timestamp: 2021-08-04 20:25:20


Summary

Frontier Airlines posted better-than-expected quarterly results but warned that Covid delta variant is hurting demand, leading to a decrease in bookings and a revised forecast to break even in the third quarter. CEO believes widespread availability of vaccines will help mitigate the impact of the variant.


Sentiment: NEGATIVE

Tickers: ULCC, 

Keywords: frontier group holdings inc,  transportation,  airlines,  markets,  business,  aerospace and defense industry,  travel,  life,  breaking news: business,  business news, 

Source: https://www.cnbc.com/2021/08/04/budget-carrier-frontier-says-delta-variant-drives-bookings-lower.html


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