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The American Airlines industry collectively withdrew its performance guidance: Trump's tariffs have deterred a large number of tourists.
① The trade pressure policy of USA President Trump has led to a decline in the tourism industry, with the number of international tourists visiting the USA down about 5% compared to last year; ② Tariffs have also sparked concerns about domestic recession in the USA, leading to cuts in Consumer spending and a decline in domestic tourism demand; ③ Several Airlines have retracted their 2025 performance forecasts due to economic uncertainty and plan to reduce flights to protect profit margins and Cash / Money Market.
Express News | Fitch on Jet Blue: Margin Headwinds Stemming From Pratt & Whitney-Related Aircraft Groundings Are Anticipated to Continue Through 2026