Airline stocks fall as consumers pull back on travel spending

On Tuesday, investing in the banking company Jefferies, American Airlines, Southwest Airlines and Air Canada’nın ratings. This has led to 3% of airlines with delta today, more than 5% of southwestern airline, American Airlines and 2.9% lower than 2.9%. The only US Airlines, the remaining United Airlines, the remaining in Jefferies, continues to store in the category of sale, about 2.5% decreases.

Jefferies analyst Seila Kahyaoglu described the “corporate and consumer feeling” [are expected] Swelling to stay soft in macro uncertainty. “Indeed, the expectations of US consumers, which are the lowest level of consumer expectations in terms of business expectations related to Trumf tariffs, income and business prospects, do not have to say that the consumer is not considered at the moment.” The consumer optimism is about future income … [has] The concerns about the economy and labor market, causing the assessment of consumers’ individual situations, disappeared.

Under these conditions, one of the ways of touching these fears of Americans is to tighten their belts on travel expenses. During February, the Bank of America reported users reduced 7.2% in the expenditure of users’ credit and debit card.

In addition, according to the General Financial Worker Mike Leskinen, the government’s journey “began in the commander”, “Trump management for partial public worker floors. The government is about 2% of the air travel, consultants and 2% of contractors, 10-3%, the airline saw a sharp decline in these cuts.

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