Americans Aren’t Traveling as Much as Airlines Expected So Far This Year | Global News Avenue

The three largest airlines in the United States – Delta Air Lines (Dahl), Southwest Airlines (like) and American Airlines (AAL)-have Lower their predictions In the first quarter of this year, travel demand weakened due to economic uncertainty.

Delta says it expects first-quarter revenue Up 3% to 4% Rather than saying “recently reduced consumer and corporate confidence caused by increased macro uncertainty, promoting softness of domestic demand”, rather than the 7% to 9% growth it had previously projected.

Southwest and American Airlines have also cut their revenue outlook. The U.S. expects losses to be greater than previously expected, with the Southwest announcing a series of new revenue measures, such as TOLL Used to check luggage.

Americans cite “the softness of the home leisure part” and the negative impact on bookings January Washington DC, crash One of its aircraft involved. Southwest quoted January wildfires in Los Angeles– But also “as the macro environment weakens, the softness of booking and demand trends”.

The trend also hit smaller airlines. JetBlue(jblu) reduced its first quarter projection Available seat miles Due to increasing weather disruptions and “shrinkability due to the mix of macroeconomic indicators”.

“We believe demand in the aviation industry may bounce along the trough until macroscopic stability is reached,” Bank of America analysts wrote on Monday.

The news is to move airline stocks to different directions on Tuesday. Delta stocks accounted for 7% recently, while U.S. stocks fell by 5%. Southwest and JetBlue stocks rose 9% and 5% respectively in recent trading.