Frontier Airlines scraps forecast as Trump's trade war hits travel

Frontier Group, the parent of Frontier Airlines, withdrew its full-year forecast on Thursday and warned of a loss in the first quarter, as U.S. President Donald Trump's trade war has hit travel demand. The Denver-based company is the second major U.S. carrier to ditch its forecast after Delta Air Lines pulled its full-year guidance on Wednesday. Frontier said travel demand has weakened, resulting in fare discounting and promotions across the industry. Citing the uncertain environment, the airline said it was unable to reaffirm the full-year 2025 outlook. In February, the company had forecast an adjusted profit of at least $1.00 this year, and breakeven earnings of 7 cents a share in the March quarter. Trump's trade war has rattled global markets, hitting business and consumer confidence. As travel is a discretionary item for many consumers and businesses, mounting economic worries have clouded the airline industry's outlook and sparked a selloff in shares. Weakening consumer demand has also undermined the industry's pricing power. Airline fares fell 5.3% in March from a month ago, posting their steepest monthly decline since September 2021, according to data from the U.S. Labor Department.<br/>