Airline Results Suggest Less Wealthy Americans Are Already Feeling Tariffs
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On Thursday, American Airlines pulled its full-year guidance, echoing moves by carriers such as Southwest Airlines, Delta Air Lines and Alaska Air. United Airlines has been more creative by issuing an outlook for a stable economy, and another for a tariff-induced recession. American’s results contained another key piece of information: There is “significant weakness” in demand coming from travelers who book through indirect channels such as online portals.