Airline companies are having a tough time! Bad news about the economy is making people travel less. This affects how much money airlines make.
It's like when you have less money to spend, you might not go on as many trips. This means airlines are worried about making enough money.
Many airlines changed how much money they expect to make because of this.
- Fewer people are traveling because of worries about the economy.
- Airlines are making less money than they thought they would.
- Some airlines lowered their prices to get more people to fly.
Airline | Stock Change (approx.) |
---|---|
Delta | -29% |
United | -28% |
American | -6% |
Southwest | +7% (due to new baggage fees) |