U.S. Airline Industry Fears Recession As Costs Rise, Tourism Declines

U.S. Airline Industry Fears Recession As Costs Rise, Tourism Declines

Southwest's CEO declares the airline industry is in recession, because everyone's spending less on travel—except the private jet set.

The recession has already come for airlines, Southwest CEO says

A recession isn’t coming after all — it’s already here, according to at least one airline CEO.Read more...

Major US airlines see lower domestic travel demand as confidence in both the US and global economies declines

US Recession Seems Likely, Nobel-Winning Economist Says

Paul Krugman said President Donald Trump's everchanging tariff policy may lead the U.S. into a recession given its unpredictability.