Plane tickets are getting cheaper as domestic travel demand weakens
Publishing timestamp: 2025-04-26 12:00:01
Summary
Major airlines are facing challenges as passengers' appetite for domestic trips is lower than expected due to economic uncertainty, leading to excess capacity and cheaper plane tickets. Corporate travel is also down, impacting major carriers' profits. Airlines are cutting back on capacity growth plans and lowering fares to fill seats.
Sentiment: NEGATIVE
Tickers: ALK, LUV, AAL, UAL, DAL,
Keywords: business, business news, ed bastian, southwest airlines co, transportation, travel, alaska air group inc, donald trump, aerospace and defense industry, american airlines group inc, delta air lines inc, airlines, united airlines holdings inc, life, breaking news: business, donald j. trump,
Source: https://www.cnbc.com/2025/04/26/plane-tickets-cheap-travel.html