WASHINGTON, April 25 -- Major US airlines are scaling back flight schedules and withdrawing financial forecasts for 2025 due to a sharp drop in travel demand in the wake of the second Trump presidency.
According to the Associated Press, American Airlines pulled its full-year guidance on Thursday, following similar moves by Delta and Southwest, all citing weaker sales among economy leisure travellers.
"We came off a strong fourth quarter, saw decent business in January, and really domestic leisure travel fell off considerably as we went into the February time frame," said American Airlines CEO Robert Isom.
A new poll shows many Americans fear a looming recession and believe President Donald Trump's tariffs will push prices higher, disco...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.