Airlines, planemakers oppose credit card fee crackdown that could imperil free flight offers

Why Bearish?

Reduced credit card rewards may deter consumer spending on flights, similar to past revenue decline after reward program changes.

How important is it?

Statement by major airlines suggests potential revenue impact, relevant for AAL amid competitive pressures.

Why Short Term?

Immediate impact on consumer behavior may affect quarterly results; airlines may adapt long-term strategy.

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