US airline investors worry the travel boom may be ending

Oct 18, 2023 · The airline has trimmed its profit outlook for 2023 to a range of $6.00 to $6.25 a share from $6 to $7 per share estimated in July. Similarly, United projects its average fuel bill …

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US Airline Investors Worry The Travel Boom May Be Ending

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reuters.com

FAQs about US airline investors worry the travel boom may be ending Coupon?

Is a travel boom still a good time to buy airline stocks?

It should be the best of times for U.S. airlines with a travel boom still going strong, but investors are nervous demand may soften as the economy falters, making it harder to protect profits from soaring costs. Those concerns have battered airline stocks even as earnings reports point to a continuing consumer appetite for travel. ...

Is a travel boom still a good time for airlines?

Despite the travel boom still going strong for U.S. airlines, investors are concerned as demand may soften due to economic faltering, making it harder to protect profits from rising costs. ...

Are Airlines preparing for the end of the'revenge travel' boom?

Philip Georgiadis and Sylvia Pfeifer in Farnborough and Claire Bushey in Chicago Simply sign up to the Airlines myFT Digest -- delivered directly to your inbox. Airlines are bracing for the end of the “revenge travel” boom, cutting ticket prices to fill surplus seat capacity as a two-year post-pandemic surge gives way to a more uncertain outlook. ...

Why are airlines' shares down 10% this month?

That is a reason why the airline's shares are down 10% this month even after it posted stronger-than-expected quarterly earnings. Strong demand from travelers has so far allowed carriers to mitigate inflationary pressure with higher fares. ...

Will Airlines see a negative effect if demand goes up?

Airlines are likely to see a more dramatic negative effect if there is a decrease in demand, according to Mulberry. Despite acknowledging the higher costs, including rising fuel prices, airlines point to healthy passenger revenue trends. ...

What's going on with airlines in 2019?

Cracks have largely come in the short-haul market in Europe and the US, and in economy class, with longer trips and more expensive flights in business or first-class less affected. Airlines remain confident that demand for travel is still strong enough to keep air fares well above 2019 levels and sustain earnings. ...