Southwest Airlines Cuts Financial Forecast Amid Trade War Uncertainty

Reported about 19 hours ago

Southwest Airlines has withdrawn its financial forecast, citing significant uncertainty caused by President Trump's trade war, which has affected consumer behavior and travel spending. With the domestic travel market softening and pressure from inflation, the airline has seen a decline in bookings and is struggling to predict its earnings. As airlines adapt to the changing environment, Southwest is implementing new policies, including the introduction of fees for checked bags, to improve its business model.

Source: YAHOO

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