JetBlue Is the Latest Carrier to Pull Guidance. Airline Stocks Face More Turbulence. -- Barrons.com
The "MAGA" camp will face a painful blow from tariffs: Truck Transportation and Retail Trade may see large-scale layoffs.
① USA Truck drivers have shown support for Trump in polls and past activities, thus being regarded as the backbone of the MAGA camp; ② however, according to predictions by Apollo Global Management, tariffs will lead to massive layoffs in the Transportation and retail Industry; ③ Apollo also warned that the economic slowdown triggered by tariffs could ultimately turn into stagflation.
JetBlue's Earnings May Not Help the Beaten-Down Stock. Here's What Will. -- Barrons.com
Airlines Collect $33 Billion in Baggage Fees - and They're Looking to Get More
Travel Roundup: Cruise Line Stocks Outperform; Marriott Adds to Its Growth Potential With Acquisition
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
affable Blobfish_403 : The wildly speculative stock market is unlikely to last.