menu search

Consumer softness? Airlines aren't seeing the demand they expected

Consumer softness? Airlines aren't seeing the demand they expected

“The expected strong demand for December materialized below expectations”

That's what JetBlue said today, leading to a slump in airline shares today.

Yesterday airlines also fell after the CPI report showed falling prices in the month, another sign of softening demand.

The picture isn't clear though with Delta yesterday forecasting a 15-20... Read More

Posted: Dec 14 2022, 16:31
Author Name: forexlive
Views: 110726

Search within

Pages Search Results: