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0.00171526586620927 -0.00147022788532228 -0.00502327860818423 0.000245037980886989 0.0100465572163685 0.0138446459201176 0.0242587601078168 0.0154373927958834
Stock impact report

United Airlines warns of profit risks if US economy falters [Yahoo! Finance Canada]

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
President Donald Trump's trade war has increased the odds of an economic recession, hitting business and consumer confidence and rattling global markets. As travel is a discretionary item for many consumers and businesses, growing economic risks have clouded the airline industry's outlook and sparked a selloff in shares. United said its financial forecast is dependent on the macro environment, which, it added, is "impossible to predict this year with any degree of confidence." The airline reported that its forward bookings over the last two weeks have remained stable, with premium cabins up 17% and international up 5% year-over-year. The comments helped drive United shares up 6.7% in after-hours trading. "The company's expectation has become bimodal – either the U.S. economy will remain weaker but stable, or the U.S. may enter into a recession," it said. United estimates an economic recession would lead to a 5-percentage-point drop in its revenue, translating into a full-year Show less Read more
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