Reported 1 day ago
American Airlines has retracted its 2025 financial forecast amid growing concerns about discretionary spending influenced by President Trump's tariffs, which have contributed to market uncertainty. This move follows similar actions from other airlines, such as Southwest and Alaska Air, in light of a volatile travel industry. The airline reported a substantial net loss of $473 million for the last quarter, exacerbated by rising operational costs and an unpredictable economic climate, which hinder future travel demand.
Source: YAHOO