Executive Directors of Air Force Companies warn that demand for home travel is slowing down

Aviation companies reduce profit assessments and sales in the first quarter, warning that a weaker economic background tends to claim traveling.

On the eve of the JPMORGAN Industry conference, American Airlines On Tuesday, he said that he expects to lose between 60 cents and 80 cents in the first three months of the year, which is a wider loss of 20 cents to 40 cents and divides it earlier. Revenues are said to be likely to be flat in the year compared to January assessment for an increase of as much as 5%.

American said in submission of securities that “the environment environment was weaker than it was initially expected because of the influence of flight 5342 and the softness in the domestic free time segment, primarily in March,” refer to ” Deadly collision One of its regional jets and a military helicopter in Washington, DC, in January.

The forecast followed Delta air lines Reducing it Estimates of the first quarter After the market is closed on Monday. Delta said that her prospects “influenced the recent decrease in consumer confidence and corporation caused by increased macro insecurity, moving softness in domestic demand.”

In addition to their leisure trip, the carriers said they also recorded a sudden drop in Government’s journey From the beginning of the latest Trump administration and its policies such as tariffs, the release of government and other cost reductions.

“I think people are careful and a little withdrawn on trips, not in an organized way, but they are just waiting for what will be seen, whether it is trade and tariff challenges or macroeconomic policies or just a little mess in the market that we all see,” said ED Bastian CEO at the JPMORGAN conference.

United Airlines Scott Kirby CEO repeated these feelings at the same conference.

“We also saw the weakness of the demand market,” Kirby said. Government trips are about 2% of United business, but also affect travel of other workers, such as advisers and performers, which make up another 2% to 3%.

“We saw that a little bleeding in the domestic free time,” Kirby said.

One measure to save costs: Kirby said United retired 21 aircraft early, and the aircraft would otherwise have to spend $ 100 million on an overhaul this year.

Both executives were more optimistic in long -term trends and bright places such as international demand for long -term and premium travel.

Delta sections have decreased more than 8% in trade in mid -morning. United was excluded 4% and US sections more than 6% lower.

Southwest Airlines Also reduce your income guidelines, in no more than 4%, which is less than a forecast of as much as 7% in the first quarter compared to last year. The carrier on Tuesday announced the end of his policy “Two bags fly free” for customers for customers Checked luggage For the first time, starting at May. His shares increased by 5%.

Jetblue Airways The stocks were approximately 5%.