According to an advance estimate by the US Commerce Department, the United States’ economy is slowing, including a 0.3% drop in real gross domestic product (GDP) in Q1. If the trend does not reverse, travel could also suffer, as consumers would be less willing to spend on non-critical items such as air travel.
Since it is unlikely that the current US administration will reverse course on its trade policies that have sent shocks through the global economy, airlines could also feel the…