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Airlines, rattled by trade war and spending pullback, continue to cut flights, pull outlooks

  • American Airlines withdrew its 2025 financial guidance, citing an uncertain outlook on the U.S. Economy and weaker leisure travel bookings this year.
  • Major U.S. Airlines are cutting flight schedules and revising profit outlooks due to decreased domestic travel demand as economic sentiments worsen.
  • The economic downturn is affecting U.S. Airlines, which were previously benefiting from strong travel demand and pricing.
  • American Airlines is facing rising costs from recent labor contracts, with uncertainty regarding future travel demand in a potentially worsening economy.
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Forbes broke the news in United States on Thursday, April 24, 2025.
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