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Tag: Delta Air Lines
    U.S. Airline Stocks Plummet as Government Travel Declines Amid Spending Cuts

    U.S. Airline Stocks Plummet as Government Travel Declines Amid Spending Cuts

    2025-03-15  Niranjan Ghatule
    This article explores the sharp decline in U.S. airline stocks amid a dramatic drop in government travel following Donald Trump’s inauguration. United Airlines reported a 50% reduction in government travel, leading to over $20 billion in market cap losses across major airlines. Delta and American Airlines responded by slashing their Q1 earnings outlooks, further deepening the market decline.
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