It's the second major US air carrier to offer a less-than-rosy outlook as the industry grapples with a potential decline in ticket sales after Delta withdrew its annual outlook earlier this month, citing slower growth due to economic uncertainty created by the Trump administration's tariffs. In the best case, the company expects up to $13.50 per share in profits this year, or just over half that if the US slips into a recession. In addition to the capacity cuts, the airline said it would reduce the number of off-peak flights on lower demand days and confirmed plans announced last month to retire 21 aircraft ahead of schedule, which will save $100 million this year on engine overhauls.
Author: Benjamin Zhang
Published at: 2025-04-15 21:33:09
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