Airline stocks slide more as concerns grow over consumers' travel appetite
1. Airline stocks fell amid concerns about declining travel demand. 2. Jefferies downgraded American Airlines and others, impacting industry sentiment. 3. Delta Air Lines anticipates reduced 2025 forecasts amid rising passenger price sensitivity. 4. U.S. travel spending dropped 7.2%, indicating weakened consumer confidence. 5. The NYSE Arca Airline Index plunged 17% in Q1, outpacing S&P 500 decline.