Here’s how ‘DOGE’ cuts, safety fears and a slowing economy are combining to hurt airlines
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Delta, Southwest, American Airlines Cut Forecasts, an Early Alarm About Consumer Spending
The revised revenue projections suggest that flagging economic confidence has started to hurt travel, which can be an indicator for other industries.The New York Times - 4d -
Airline CEOs warn domestic travel demand is slowing
Airline CEOs say economic uncertainty and a drop in government travel is driving down domestic travel demand.CNBC - 4d -
Delta Says Economic Worries Are Hurting Travel Demand
The airline lowered its financial forecast for the first quarter as economic anxiety hurts demand for tickets.The New York Times - 5d -
Southwest Airlines as we know it is over. Here's what's changing, from bag fees to basic economy
Southwest will start charging customers to check bags, launch basic economy tickets in a bid to drive up revenue.CNBC - 3d -
Major US airlines warn demand is slowing
In addition to two major crashes, airlines point to the uncertain economic future, plummeting government travel and reductions to corporate travel.ABC News - 4d -
American travelers are booking fewer domestic flights in another warning sign for the economy
Americans’ spending worries and shortcomings are translating into turbulence for major airlines, and coming at a time where recession fears are growing.MarketWatch - 3d -
Southwest Airlines will charge to check bags for the first time, launch basic economy tickets
It’s happening: Southwest Airlines will start charging passengers to check bags for the first time.NBC News - 4d -
Delta cuts its once-rosy outlook. Here’s what’s worrying the airline.
Shares of Delta Air Lines Inc. dropped more than 9% after hours Monday after the airline slashed its current-quarter estimates, seeing trouble ahead for demand for its domestic flights.MarketWatch - 5d -
American Airlines plane engine catches fire after landing in Denver
An American Airlines plane engine caught fire after it landed at Denver International Airport on Thursday evening, officials said.NBC News - 2d
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What happens to gift cards when a chain like Joann or Dollar General closes stores? Here’s what shoppers can do.
Fabrics giant Joann is closing, and the store has stopped taking gift cards — upsetting many customers. Here’s what shoppers should know.MarketWatch - 8h -
Women’s March Madness teams are being paid for the first time — but here’s why they’re splitting $200 million less than the men
Players won’t receive any of the prize money themselves, but their schools’ athletic departments and sports programs reap the rewards.MarketWatch - 8h -
These 20 stocks are likely to be losers no matter what the market does
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More in Business
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UK government announces reforms to fix ‘broken’ welfare system
Package aims to cut benefits bill by up to £5bn a year and includes measure to encourage return to workFinancial Times - 2h -
Judge blocks Trump’s move to use wartime law to deport Venezuelans
Critics say rarely used authority could expand power to detain and expel people without due processFinancial Times - 2h -
The C.F.P.B. Remains Alive as the Trump Administration Tries to Shut it Down
Court orders have paused, and at times reversed, the Trump administration’s efforts to shut down the consumer watchdog agency.The New York Times - 2h -
VP Vance Anticipates TikTok Deal by April Deadline
TikTok in the U.S. has been debated for years, and a ban was intended to effect on Jan. 19.Inc. - 4h -
Transportation Secretary Says Boeing Requires Oversight After Loss of Trust
Boeing is making strides, but has not yet won back the people, Secretary Duffy notes.Inc. - 4h