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News in English (USA) / 24.04.2025 / 21:00

Airlines Struggle Amid Trade War and Declining Travel Demand

US airlines are facing significant challenges as a trade war and decreasing consumer confidence lead to reduced travel demand. American Airlines has reported a substantial $473 million loss and has withdrawn its 2025 financial guidance due to uncertainties in the economic landscape. Alongside American, other major carriers such as Southwest and Alaska Air have also pulled their forecasts, causing anxiety within the travel industry. These airlines are trimming flights as they respond to the sharp drop in domestic travel demand, indicating a troubling outlook moving forward.
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