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-0.0014637716516224 -0.0014637716516224 0.00121980970968522 0.00445474505977069 -0.00451329592583562 -0.00609904854842645 -0.0037618931446695 0.000487923883874192
Stock impact report

US airlines struggle to forecast their business in worsening economic fog [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
Rajesh Kumar Singh 3 min read By Rajesh Kumar Singh CHICAGO (Reuters) - President Donald Trump's trade war has created the biggest uncertainty for U.S. airlines since the COVID pandemic. With little clarity on how consumers will behave in the face of a potentially worsening economy, carriers are struggling to accurately forecast their business. While Delta Air Lines and Frontier have withdrawn their full-year outlook, United has offered two different earnings forecasts. "It kind of really shows a lack of conviction," said Brian Mulberry, client portfolio manager at Zacks Investment Management, which holds shares of United. Economists polled by Reuters expect the aggressive U.S. tariff policy to trigger a significant slowdown in the U.S. economy this year and next, with the probability of a U.S. recession over the coming year surging to 45%, the highest since December 2023, from 25% last month. Since travel spending closely tracks broader economic activity, any recessi Show less Read more
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