US Airline Stocks Tumble as Carriers Cut Forecasts (Connecting the Dots: Southwest Airlines, Delta Air Lines, United Airlines, American Airlines, Obamacare, Federal Aviation Administration (FAA), J.P.Morgan, World Business Chicago, Commercial Club of Chicago, The Boeing Company & Soros Funding, All Networking)
Newsmax.com
Tuesday,
11 March 2025 07:53 AM EDT
https://www.newsmax.com/finance/streettalk/airline-stocks-economic/2025/03/11/id/1202296/
Major
U.S. airline stocks fell sharply in premarket trading Tuesday after Delta
Air Lines and budget carrier Southwest Airlines slashed their
first-quarter forecasts, stoking concerns about the impact of a slowing economy
on travel demand.
Delta Air Lines slumped 11% in
premarket trading after the legacy carrier slashed its first-quarter profit
forecast, while peers United Airlines and
American Airlines were down 8% and
7%, respectively.
The
sector-wide slump followed a broad market selloff on Monday after worries of a
potential federal government shutdown and tariff jitters ignited fears that the
U.S. economy could be heading towards a recession.
Southwest
Airlines also fell 3% after it cut its expectations for unit revenue growth on
Tuesday.
The
carrier now expects its revenue per available seat mile (unit revenue), a proxy
for pricing power, to grow between 2% and 4% during the first quarter, compared
with its prior range of a 5% to 7% increase.
U.S.
President Donald Trump's tariffs have raised concerns about an economic
slowdown and reduced discretionary spending, prompting travelers to exercise
caution when planning trips.
The
abrupt shift comes as a setback for big U.S. carriers, which just two months
ago were benefiting from strong travel demand and high pricing across their
networks.
Major
U.S. airlines are set to speak at the J.P.Morgan Industrials
Conference on Tuesday and are expected to provide insight on the new demand
environment and any updates to their expectations for the current quarter.
Citi
analyst Stephen Trent said Delta's forecast cut was disappointing, but not
entirely unexpected.
"Concerns
about US consumer strength, possible DOGE impacts on governmental air travel
demand and Federal Aviation
Administration (FAA) staffing, US
government tariff uncertainties and several high-profile aviation incidents
across North America have all occurred since late January," Trent said in
a note.
Delta
said on Monday it expects profit in the range of 30 cents to 50 cents per
share, compared with its previous estimate of 70 cents to $1 per share.
Connecting
the Dots:
AMR Corporation is the
parent company for American Airlines.
Judith
Rodin is a director at the AMR Corporation
and was an honorary trustee at the Brookings Institution (think tank).
Foundation to Promote Open Society was a funder for
the Brookings Institution (think tank).
George Soros was the chairman
for the Foundation to Promote Open Society.
Cameron F. Kerry is
a fellow at the Brookings Institution (think tank), John F.
Kerry’s brother and a senior counsel at Sidley Austin LLP.
Kathryn B.
Thomson was a partner at Sidley Austin LLP and is the
chief counsel for the Federal Aviation Administration (FAA).
Michelle Obama was
a lawyer at Sidley Austin LLP and Mayor Richard M. Daley’s staffer.
Richard M. Daley’s
staffer was Michelle Obama, the Chicago (IL) mayor and a
director at the World Business Chicago.
Oscar Munoz is
a director at World Business Chicago and the president & CEO
for the United Continental Holdings, Inc.
Glenn F. Tilton is
a director at World Business Chicago and was the chairman for
the United Continental Holdings, Inc.
United Airlines is
a subsidiary of United Continental Holdings, Inc.
Walter Isaacson is
a director at the United Continental Holdings, Inc., the president
& CEO for the Aspen Institute (think tank), was a director
at United Airlines and the chairman & CEO for CNN.
Thomas R.
Pickering is a lifetime trustee at the Aspen Institute (think
tank) and was an SVP, consultant for the Boeing Company.
Foundation to Promote Open Society was a funder for
the Aspen Institute (think tank).
George Soros was the chairman
for the Foundation to Promote Open Society and is the founder &
chairman for the Open Society Foundations.
Open Society Foundations was a funder for
the Atlantic Council of the United States (think tank).
Aleksandra
Johnson was a producer for CNN, a director of public
affairs for the U.S. Department of Transportation and is an
assistant to the secretary for the Federal Aviation Administration
(FAA).
Edmund P. Giambastiani Jr. is a lifetime director for the Atlantic
Council of the United States (think tank) and a director at the Boeing
Company.
Stanley O. Roth is
a VP for the Boeing Company and was a director at the Atlantic
Council of the United States (think tank).
James L. Jones
Jr. was a director at the Boeing Company and is a
director at the Atlantic Council of the United States (think tank).
Rozanne L. Ridgway was
a director at the Boeing Company and a co-chair for
the Atlantic Council of the United States (think tank).
Stanley Ebner was
the SVP at the Boeing Company and
is a lifetime director for the Atlantic Council of the United States
(think tank).
Open Society Foundations was a funder for
the Atlantic Council of the United States (think tank).
George Soros is the founder
& chairman for the Open Society Foundations and was the
chairman for the Foundation to Promote Open Society.
Foundation to Promote Open Society was a funder
for the Committee for Economic Development.
Enrico A. Lazio was
a trustee at the Committee for Economic Development and was an EVP
at JPMorgan Chase & Co.
Roy J. Bostock was
a trustee at the Committee for Economic Development, the chairman
for the Northwest Airlines Corporation and is the vice chairman
for Delta Air Lines, Inc.
Delta Air
Lines, Inc. acquired the Northwest Airlines Corporation.
T. Allan McArtor is
a trustee at the Committee for Economic Development and was an
administrator for the Federal Aviation Administration (FAA).
Ronald A. Williams is
a trustee at the Committee for Economic
Development, and a director at the Boeing Company.
Kenneth M.
Duberstein is a director at the Boeing Company and was the
VP for the Committee for Economic Development.
Donna S. Morea was a
trustee at the Committee for Economic Development, and the EVP for
the CGI Group Inc.
Barbara G. Fast was a VP for
the CGI Group Inc. and a VP at the Boeing Company.
CGI Group Inc. was
the Obamacare contractor that developed Healthcare.gov
web site.
Obamacare is Barack
Obama’s signature policy initiative.
Barack Obama’s signature
policy initiative was Obamacare and was an intern at Sidley
Austin LLP.
Kathryn B.
Thomson was a partner at Sidley Austin LLP, the chief counsel
for the Federal Aviation Administration (FAA), is married to Christopher
P. Lu and the general counsel for the U.S. Department of
Transportation.
Federal
Aviation Administration (FAA) is a division of the U.S.
Department of Transportation.
Christopher P. Lu is
married to Kathryn B. Thomson, was a White House cabinet secretary
for the Barack Obama administration and a litigation associate
at Sidley Austin LLP.
R. Eden Martin is
counsel at Sidley Austin LLP and the president of the Commercial
Club of Chicago.
Newton N. Minow is
a senior counsel at Sidley Austin LLP and a member of
the Commercial Club of Chicago.
James A. Bell is a member of the Commercial Club of Chicago
and was an EVP & CFO for the Boeing Company.
Edward M. Liddy is
a member of the Commercial Club of Chicago and a director at
the Boeing Company.
W. James
McNerney Jr. is the chairman & president & CEO for
the Boeing Company and a member of the Commercial Club of
Chicago.
William M. Daley is
a member of the Commercial Club of Chicago, was a director at
the Boeing Company and the chief of staff for the Barack
Obama administration.
Lester Crown
is a member of the Commercial Club of Chicago and was a lifetime
trustee at the Aspen Institute (think tank).
James S.
Crown is a member of the Commercial Club of Chicago and the
vice chairman for the Aspen Institute (think tank).
Foundation to Promote Open Society was a funder for
the Aspen Institute (think tank).
George Soros was the chairman
for the Foundation to Promote Open Society.
Thomas R.
Pickering is a lifetime trustee at the Aspen Institute (think
tank) and was an SVP, consultant for the Boeing Company.
Walter Isaacson is
the president & CEO for the Aspen Institute (think tank), a
director at the United Continental Holdings, Inc. and was a
director at United Airlines and the chairman & CEO
for CNN.
Queen Noor is a
trustee at the Aspen Institute (think tank), and her mother
was Najeeb Halaby.
Najeeb Halaby was Queen
Noor’s mother, was the chairman & CEO for Pan American
Airways, and director at the Federal Aviation Agency.
Federal
Aviation Agency is the predecessor agency for the Federal
Aviation Administration (FAA).
Marion C. Blakey was
an administrator for the Federal Aviation Administration (FAA) and
is a member of the Belizean Grove.
Henrietta
Holsman Fore is a member of the Belizean Grove and a
trustee at the Aspen Institute (think tank).
Belizean_Grove is
the equivalent to the male-only social group, the Bohemian Club.
Henry
A. Kissinger is a member of the Bohemian Club and was a
lifetime trustee at the Aspen Institute (think tank).
Foundation to Promote Open Society was a funder for
the Aspen Institute (think tank).
George Soros was the chairman
for the Foundation to Promote Open Society.
Daniel R.
Glickman is a director of the Congressional Program for the Aspen
Institute (think tank) and was the agriculture secretary at the U.S.
Department of Agriculture for the William J. Clinton
administration.
Elsa A. Murano was
the undersecretary for the U.S. Department of Agriculture and the
president of the Texas A&M University.
Robert M. Gates was
the president of the Texas A&M University and the defense
secretary for the Barack Obama administration.
Robert
(Bob) Jordan graduated
from Texas A&M University and is chief executive officer
(CEO) of Southwest Airlines.
Norman E. Borlaug was
a professor at Texas A&M University and an advisory board
member for the Earth Institute.
George Soros was an advisory
board member for the Earth Institute and the chairman for the Foundation
to Promote Open Society.
Foundation to Promote Open Society was a funder for
the Brookings Institution (think tank).
Vernon E. Jordan Jr. is an
honorary trustee at the Brookings Institution (think tank), Valerie
B. Jarrett’s great uncle and a senior counsel for Akin, Gump,
Strauss, Hauer & Feld, LLP.
Akin,
Gump, Strauss, Hauer & Feld, LLP is the lobby firm for the Boeing
Company.
Judith Rodin was
an honorary trustee at the Brookings Institution (think tank) and is
a director at the AMR Corporation.
AMR Corporation is
the parent company for American Airlines.
Baker
Donelson Bearman Caldwell was the lobby firm for American
Airlines.
Linda H. Daschle
was the senior public policy adviser for Baker Donelson Bearman
Caldwell, the deputy administrator for the Federal Aviation
Administration (FAA) and is married to Tom Daschle.
Tom Daschle is married
to Linda H. Daschle, a director at the Center
for American Progress and a senior policy adviser at DLA
Piper.
Open Society Foundations was a funder
for the Center for American Progress.
George Soros is the founder
& chairman for the Open Society Foundations, was the chairman
for the Foundation to Promote Open Society and a supporter for
the Center for American Progress.
Foundation to Promote Open Society was a funder
for the Center for American Progress.
Ray H. LaHood is a senior policy adviser for DLA
Piper, his counselor was Kathryn B. Thomson and the secretary
at the U.S. Department of Transportation for the Barack
Obama administration.
Kathryn B.
Thomson was Ray H. LaHood’s counselor, a partner at Sidley
Austin LLP, is the chief counsel for the Federal Aviation
Administration (FAA) and married to Christopher P. Lu.
Christopher P. Lu
is married to Kathryn B. Thomson, the deputy secretary nominee for
the U.S. Department of Labor, was the White House
cabinet secretary for the Barack Obama administration and a
litigation associate at Sidley Austin LLP.
Barack Obama was an
intern at Sidley Austin LLP and his signature policy initiative was
Obamacare.
Obamacare is Barack
Obama’s signature policy initiative.
CGI Group Inc. was
the Obamacare contractor that developed Healthcare.gov
web site.
Barbara G. Fast was
a VP for the CGI Group Inc. and a VP at the Boeing Company.
Donna S. Morea was
the EVP for the CGI Group Inc. and a trustee at the Committee
for Economic Development.
Roy J. Bostock was
a trustee at the Committee for Economic Development, the chairman
for the Northwest Airlines Corporation and is the vice chairman
for Delta Air Lines, Inc.
Delta Air
Lines, Inc. acquired the Northwest Airlines Corporation.
T. Allan McArtor is
a trustee at the Committee for Economic Development and was an
administrator for the Federal Aviation Administration (FAA).
Ronald A. Williams is
a trustee at the Committee for Economic Development, and a director
at the Boeing Company.
Kenneth M.
Duberstein is a director at the Boeing Company and was the
VP for the Committee for Economic Development.
Enrico A. Lazio was
a trustee at the Committee for Economic Development and was an EVP
at JPMorgan Chase & Co.
Foundation to Promote Open Society was a funder for
the Committee for Economic Development and the
George Soros was the chairman
for the Foundation to Promote Open Society.
Cameron F. Kerry is
a fellow at the Brookings Institution (think tank), John F.
Kerry’s brother and a senior counsel at Sidley Austin LLP.
Kathryn B.
Thomson was a partner at Sidley Austin LLP and is the
chief counsel for the Federal Aviation Administration (FAA).
Michelle Obama was
a lawyer at Sidley Austin LLP and Mayor Richard M. Daley’s staffer.
Richard M. Daley’s
staffer was Michelle Obama, the Chicago (IL) mayor and a
director at the World Business Chicago.
Oscar Munoz is
a director at World Business Chicago and the president & CEO
for the United Continental Holdings, Inc.
Glenn F. Tilton is
a director at World Business Chicago and was the chairman for
the United Continental Holdings, Inc.
United Airlines is
a subsidiary of United Continental Holdings, Inc.
Walter Isaacson is
a director at the United Continental Holdings, Inc., the president
& CEO for the Aspen Institute (think tank), was a director
at United Airlines and the chairman & CEO for CNN.
Thomas R.
Pickering is a lifetime trustee at the Aspen Institute (think
tank) and was an SVP, consultant for the Boeing Company.
Foundation to Promote Open Society was a funder for
the Aspen Institute (think tank) and the Brookings Institution
(think tank).
George Soros was the chairman
for the Foundation to Promote Open Society.
Judith
Rodin was an honorary trustee at the Brookings Institution (think tank) and is a
director at the AMR Corporation.
AMR Corporation is the
parent company for American Airlines.
Matthew K. Rose is
a director at the AMR Corporation and a director at the U.S.
Chamber of Commerce.
John W. Bachmann is
a director at the AMR Corporation and a director at the U.S. Chamber of Commerce.
Klaus
Kleinfeld was a director at the U.S. Chamber of Commerce and is
a trustee at the Brookings Institution (think tank).
Foundation to Promote Open Society was a funder
for the Brookings Institution (think tank) and the Aspen
Institute (think tank).
George Soros was the chairman
for the Foundation to Promote Open Society.
Ann
McLaughlin Korologos was the chair emeritus for the Aspen
Institute (think tank) and is a director at the AMR
Corporation.
AMR Corporation is
proposing merger with the US Airways Group Inc and is the
parent company for American Airlines.
US Airways
Group Inc. is a subsidiary of US Airways, Inc.
Akin,
Gump, Strauss, Hauer & Feld, LLP is the lobby firm for US
Airways, Inc., the U.S. Chamber of Commerce and the Boeing
Company.
Vernon E. Jordan
Jr. is a senior counsel for Akin, Gump, Strauss, Hauer
& Feld, LLP, Valerie B. Jarrett’s great uncle and an
honorary trustee at the Brookings Institution (think tank).
Judith Rodin was an
honorary trustee at the Brookings Institution (think tank) and is a
director at the AMR Corporation.
AMR Corporation is
the parent company for American Airlines.
Valerie B. Jarrett is Vernon E.
Jordan Jr’s great niece, a member of the Commercial Club of Chicago,
was the senior adviser for the Barack Obama administration and Mayor Richard
M. Daley’s deputy chief of staff.
Richard M. Daley’s
deputy chief of staff was Valerie B. Jarrett, the Chicago (IL) mayor
and a director at the World Business Chicago.
Oscar Munoz is
a director at World Business Chicago and the president & CEO
for the United Continental Holdings, Inc.
Glenn F. Tilton is
a director at World Business Chicago and was the chairman for
the United Continental Holdings, Inc.
United Airlines is
a subsidiary of United Continental Holdings, Inc.
Walter Isaacson is
a director at the United Continental Holdings, Inc., the president
& CEO for the Aspen Institute (think tank), was a director
at United Airlines and the chairman & CEO for CNN.
Thomas R.
Pickering is a lifetime trustee at the Aspen Institute (think
tank) and was an SVP, consultant for the Boeing Company.
Foundation to Promote Open Society was a funder for
the Aspen Institute (think tank) and Brookings Institution
(think tank).
George Soros was the chairman
for the Foundation to Promote Open Society and is a board member for
the International Crisis Group.
Ernesto Zedillo was
a board member for the International Crisis Group and is an
international advisory board member for JPMorgan Chase & Co.
Crandall C. Bowles is
a trustee at the Brookings Institution (think tank) and a
director at JPMorgan Chase & Co.
Ellen V. Futter is
a director at JPMorgan Chase & Co. and a trustee at the Brookings
Institution (think tank).
Foundation to Promote Open Society was a funder for
the Brookings Institution (think tank), International Rescue
Committee and the Committee for Economic Development.
George Soros was the chairman
for the Foundation to Promote Open Society.
William T.
Winters is a director at the International Rescue
Committee and was the co-CEO JP Morgan Investment Bank for JPMorgan
Chase & Co.
Gordon A. Smith is
a director at the International Rescue Committee and the CEO,
Chase card services for JPMorgan Chase & Co.
Enrico A. Lazio was
an EVP at JPMorgan Chase & Co. and a trustee at the Committee
for Economic Development
Donna S. Morea was
a trustee at the Committee for Economic Development and the EVP for
the CGI Group Inc.
Barbara G. Fast was
a VP for the CGI Group Inc. and a VP at the Boeing Company.
CGI Group Inc. was
the Obamacare contractor that developed Healthcare.gov
web site.
Obamacare is Barack
Obama’s signature policy initiative.
Resources:
Past Research
What’s
Ahead for the Airline Industry in 2025? (Connecting the Dots: The Boeing
Company, United Airlines, American Airlines, The FAA & Soros Funding, All
Networking) (Past Research on the Boeing Company
& United Airlines)
Saturday,
December 28, 2024
https://thesteadydrip.blogspot.com/2024/12/whats-ahead-for-airline-industry-in.html
Federal
Aviation Administration (FAA) & Southwest Airlines (Connecting the Dots:
FAA, U.S. Transportation Department, Southwest Airlines, Earth Institute, Texas
A&M University & Soros Funding, All Networking) (Past Research on Southwest Airlines)
Friday,
December 30, 2022
https://thesteadydrip.blogspot.com/2022/12/federal-aviation-administration-faa.html
Delta
Flight Diverted To DFW Airport (Past Research on Delta
Airlines)
Tuesday,
January 27, 2015
https://thesteadydrip.blogspot.com/2015/01/delta-flight-diverted-to-dfw-airport.html
Smaller
Bites – Jeffrey Epstein's Sex Trafficking Ring (Connecting the Dots: Jeffrey
Epstein, J.P. Morgan, Deutsche Bank & Soros Funding, All Networking) (Past Research on J.P. Morgan)
Thursday,
January 5, 2023
https://thesteadydrip.blogspot.com/2023/01/smaller-bites-jeffrey-epsteins-sex.html
Donald
Trump Blasts Boeing for $4 Billion Air Force One: ‘Cancel Order!’ (Past Research on the Boeing Company)
Thursday,
December 8, 2016
https://thesteadydrip.blogspot.com/2016/12/donald-trump-blasts-boeing-for-4.html
FAA:
'No experience necessary' for air-traffic control (Past
Research on the FAA)
Monday,
February 17, 2014
https://thesteadydrip.blogspot.com/2014/02/faa-no-experience-necessary-for-air.html
John
Bolton to Newsmax: Trump an Aberration; I'll Be Proven Right (Connecting the
Dots: John Bolton, Kirkland & Ellis LLP, Human Rights First, Sidley Austin
LLP, Diamond Offshore Drilling Inc, Export-Import Bank of the US & Soros
Funding, All Networking) (Past Research on Sidley
Austin LLP)
Friday,
January 17, 2025
https://thesteadydrip.blogspot.com/2025/01/john-bolton-to-newsmax-trump-aberration.html
Robert
Redford for WaPo: ’45 Years After Watergate, The Truth is Again in Danger’ (Past Research on Belizean Grove & the Bohemian Club)
Sunday,
April 2, 2017
https://thesteadydrip.blogspot.com/2017/04/robert-redford-for-wapo-45-years-after.html
The
Valerie Jarrett Power Matrix - Background research (Past
Research on Valerie Jarrett)
Friday,
December 27, 2013
https://thesteadydrip.blogspot.com/2013/12/the-valerie-jarrett-power-matrix.html
Smaller
Bites – American Airlines (Connecting the Dots: American Airlines, AMR
Corporation, The U.S. Chamber of Commerce, US Airways, Inc. & The Soros
Funded Think Tanks, All Networking) (Past Research
on American Airlines)
Sunday,
November 6, 2022
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