No Data
Acelyrin Adopts Poison Pill as Tang Capital Partners Raises Stake
CPI Read: Airfares Pull Back in February to Reverse a Long Streak of Higher Prices
Several Airlines in the USA have lowered their financial outlook, indicating a decline in consumer spending.
The CEO of United Airlines stated that he has observed weakness in the domestic market in the USA and expects the "future economic situation will be more severe," with weak demand "starting from government sectors." Delta Air Lines also issued a profit warning on Monday, attributing the reasons to the decline in consumer and business confidence caused by economic "uncertainty." Its CEO mentioned that customers "are waiting to see what happens with changes in trade, tariffs, and macroeconomic policies."
After multiple plane crash incidents, Consumers in the USA reduced their aviation travel.
① Recent incidents in civil aviation in the USA have raised passenger concerns about air travel and led to cancellations. The CEO of Delta Air Lines stated that the incidents have caused the company's profit forecast for the first fiscal quarter to be cut in half, resulting in a significant drop in stock prices; ② A preliminary report from the National Transportation Safety Board indicates that the altimeter of the helicopter involved in the Washington crash may have been inaccurate and that the pilot may not have heard the call from the control tower.
Wall Street's Most Accurate Analysts Spotlight On 3 Industrials Stocks Delivering High-Dividend Yields
Express News | Airline Shares Down in Overnight Trading Following Delta Air Lines Q1 Outlook Slashing; DAL Plummets 11%, UAL and AAL Down 8%