Airlines see lower customer demand, cut back financial expectations — here are the companies hurting the most
1. Major U.S. airlines lowered quarterly financial expectations due to softer demand. 2. American Airlines faced weaker revenue due to Flight 5342 incident and leisure softness. 3. Southwest Airlines revised revenue forecasts downward amidst macroeconomic uncertainty. 4. Delta Airlines expects lower growth and increased projected losses for Q1. 5. Overall airline market is impacted by reduced consumer and corporate confidence.