The CEO of the airline warn that the demand for national trips is slowing down

Airlines are reducing their profits and sales estimates of the first quarter, warning that a weaker economic backdrop is weighing the demand for travel.

Before a JPMorgan industry conference, American Airlines On Tuesday he said he hopes between 60 cents per share and 80 cents per share in the first three months of the year, a loss broader than the 20 cents to 40 cents per previously forecast action. He said that income would probably be stable in the year compared to an estimate of January of an increase of up to 5%.

American said in a presentation of values ​​that “the income environment has been weaker than expected initially due to the impact of flight 5342 and softness on the domestic leisure segment, mainly in March,” referring to the Mortal collision of one of its regional airplanes and an army helicopter in Washington, DC, in January.

The prognosis continued Delta airlines cutting your Estimates of the first quarter After the market closed on Monday. Delta said her perspective was “affected by the recent reduction in the confidence of consumers and corporate caused by the greater uncertainty of the macro, promoting the softness of domestic demand.”

In addition to leisure trips, carriers have said that they also noticed a strong decrease in Government trip From the beginning of the last Trump administration and its policies, such as rates, government dismissals and other cost cuts.

“I think people are cautious and are withdrawing a bit on trips, not in an organized way, but they only expect to see what will move, whether they are commercial challenges and tariffs or changes in macroeconomic policy or simply a bit of the concern of the market that we all see,” said CEO Bastian at the JPMorgan conference.

United Airlines The CEO Scott Kirby echoed that feeling at the same conference.

“We have also seen weakness in the demand market,” Kirby said. Government trips are about 2% of United’s business, but other workers’ trips are also affected, such as consultants and contractors, representing another from 2% to 3%.

“We have seen some bleeding in the national leisure market,” Kirby said.

A cost savings measure: Kirby said that United is removed 21 early airplanes, planes in which otherwise it would have to spend $ 100 million to check the engines this year.

Both executives were more optimistic in longer -term trends and brilliant points such as the demand for long -distance international trips and premium.

Delta’s shares ended the day more than 7% lower. United Shed 2% and US actions fell more than 8%.

Southwest Airlines It also reduces its unit’s income guide, up to no more than 4%, below a prognosis of up to 7% during the first quarter of last year. The carrier also announced on Tuesday an end of its “two bags fly” policy to charge customers Verified luggage For the first time, as of May. Their actions increased more than 8%.

Jetblue Airways The shares ended 4% more.