Airline Stocks Are Getting CRUSHED! Here’s Why ✈️📉
🚨 Airline Stocks Are Plummeting—What’s Going On? 🚨
Right now, United, Delta, JetBlue, and American Airlines are getting absolutely decimated in the stock market. 📉 But why?
It all started in February, when United Airlines’ CEO warned that government-related travel had dropped dramatically—coinciding with President Trump’s inauguration. Historically, United makes $1 BILLION per year from government-related travel, and when that revenue dries up, it sends shockwaves through the entire airline industry.
📉 On March 11th, Delta Airlines cut its earnings outlook:
• Revenue growth projections fell from 8% to just 3.5%
• Margins took a hit, earnings per share were slashed in half
• Boom—stocks nosedived!
Shortly after, American Airlines cut its own forecast and adjusted flight capacity in Washington D.C.—one of its most profitable markets. The trend is clear: government spending cuts are hitting the airline industry hard!
📊 Are airline stocks a buy or is more turbulence ahead? Drop your thoughts in the comments! 👇
#StockMarket #AirlineStocks #UnitedAirlines #DeltaAirlines #Recession #Finance #BusinessNews #Investing
As an Airport employee, eventually it was going to correct. Alot of government employees would travel to attend conferences/meetings etc.