Bear Market in the Air Market? U.S. Airlines Face a Downturn

A longterm plan to rightsize the federal government and reindustrialize the U.S.? Or economic suicide? To large swathes of corporate America right now, it feels like the latter. Tariff uncertainty and mass layoffs are rattling consumer and business confidence while erasing trillions in value from stock markets. Are airlines affected? As America’s largest carriers made clear last week, the answer is an emphatic yes.