Airline CEOs warn domestic travel demand is slowing

A Delta Airlines and American Airlines plane are seen at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 1, 2023. Stefani Reynolds | AFP | Getty Images Airlines are cutting their first-quarter profit and sales estimates, warning that a weaker economic backdrop is weighing on travel demand. Ahead of a JPMorgan industry conference,…

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Airline stocks tumble amid economic concerns

Airline stocks tumble amid economic concerns

United airplanes are seen at the Newark Liberty International Airport in Newark, Unitted States on July 16, 2024.  Jakub Porzycki | Nurphoto | Getty Images Stock Chart IconStock chart icon NYSE Arca Airline Index versus the S&P 500 Airlines, especially full-service carriers with big international networks, had been a bright spot thanks to strong demand…

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