Frontier CEO is 'optimistic' about tourism industry despite economic uncertainty
Despite a downturn in foreign tourism and broader economic uncertainty, Frontier CEO Barry Biffle remains optimistic about the budget airline’s future.
Despite a downturn in foreign tourism and broader economic uncertainty, Frontier CEO Barry Biffle remains optimistic about the budget airline’s future.
“People think that there’s some kind of Armageddon going to happen,” Biffle said in an exclusive interview with “NBC Nightly News” correspondent Hallie Jackson that airs Sunday. “I think that as we look here today, I’m optimistic.”
Travel experts have been sounding the alarm amid President Donald Trump’s global trade war, warning that a year that was initially projected to be profitable for the tourism industry could instead face an economic downturn.
Before Trump announced a 90-day pause on most of his proposed tariffs, Delta CEO Ed Bastian told CNBC last week that air travel has all but stalled for both leisure and business travel.
“I think everyone’s prepared for uncertainty,” Bastian said. “If that continues and we don’t get resolution soon, we probably will end up in a recession.”
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