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Airlines Abandon 2025 Forecasts Amid Travel Demand Plunge

4/26/2025

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Summary

Story summary

Major U.S. airlines like American, Southwest, and Delta have scrapped their 2025 financial forecasts as domestic travel demand plummets amid economic uncertainty fueled by President Trump's tariffs. Executives are alarmed by a sharp decline in leisure travel bookings, raising fears of an impending recession in the airline industry, mirroring larger economic struggles across the nation.

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Story summary

Major U.S. airlines like American, Southwest, and Delta have scrapped their 2025 financial forecasts as domestic travel demand plummets amid economic uncertainty fueled by President Trump's tariffs. Executives are alarmed by a sharp decline in leisure travel bookings, raising fears of an impending recession in the airline industry, mirroring larger economic struggles across the nation.