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Stock impact report

Southwest Airlines joins rivals Delta, United in cutting flights, scrapping forecasts [Yahoo! Finance]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: Yahoo! Finance
With little clarity on how consumers will behave in the face of a potentially worsening economy, airlines are struggling to accurately forecast their business. Travel is a discretionary item for many consumers and businesses. With the trade war raising the prospect of slower economic growth and higher inflation, both tourists and corporations are sitting tight, leading to a pullback in travel spending. Southwest said it is not able to reaffirm its previous forecast of $1.7 billion in earnings before interest and taxes in 2025 and about $3.8 billion in 2026. “Amid the current macroeconomic uncertainty, it is difficult to forecast given recent and short-lived booking trends,” the company said. Southwest's shares were down 3% in after-hours trading. Alaska Air Group also pulled its 2025 profit forecast on Wednesday, citing the prevailing macroeconomic uncertainty. Earlier this month, Delta Air Lines and Frontier scrapped their forecasts. Last week, United Airlines gave two d Show less Read more
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