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JetBlue's Earnings May Not Help the Beaten-Down Stock. Here's What Will. -- Barrons.com
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In response to the tariffs imposed by Trump, the American aviation industry is seeking exemptions from the White House.
The American Airlines industry is struggling due to the trade war initiated by President Donald Trump and the decline in travel demand, and is currently lobbying the White House for tariff exemptions. Industry officials have held meetings with senior officials of the Trump administration, including Trump himself, requesting the restoration of the tax exemption system stipulated in the 1979 Civil Aircraft Agreement. Under this agreement, the industry enjoys an annual trade surplus of 75 billion dollars. Trump's tariff policy has ended the industry's decades-long status of tax exemption. Chief Financial Officer of American Airlines, Devon May, stated: "Our government affairs team is working hard to clarify
Market Chatter: US Airlines, Aerospace Firms Seek Exemptions From Tariffs
Airlines warn of uncertainty in the USA economy putting downward pressure on ticket prices.
This month, the CEOs of American Airlines issued a warning to Wall Street, stating that demand for domestic flights in the U.S. is lower than the high expectations set in early 2025. In a series of earnings conference calls, they indicated that there are many reasons for this, ranging from President Trump's erratic tariff policies to market turbulence, with the most significant factor being the uncertainty of the U.S. economy. Robert Isom, CEO of American Airlines, stated in Thursday's quarterly earnings call: 'When people are considering holiday plans and how to spend their hard-earned money, no one really likes uncertainty.'
affable Blobfish_403 : The wildly speculative stock market is unlikely to last.