“Airlines’ Muddy Outlook Sparks Anxiety Across Travel Industry” - The Wall Street Journal, published April 24, 2025

Several major U.S. airlines, including Alaska Air, American, Delta, and Southwest, have withdrawn or downgraded their full-year financial forecasts after noticing a slowdown in consumer travel spending. United Airlines offered two projections: one matching its January outlook and another reflecting a potential recession. Analysts warn that hotels, online travel agencies, and other sectors reliant on short-notice bookings could follow suit. Domestic leisure and business travel are driving the declines, but premium international travelers remain more resilient. The broader industry is bracing for an uncertain summer as demand visibility continues to blur.

Read the full WSJ article