
US airline stocks, including Delta Air Lines, American Airlines, United Airlines, and JetBlue Airways, tanked by over 22% in March amid declining consumer confidence, tariff uncertainty, and border policies.
Fatal accidents, severe weather, the Los Angeles wildfires, recession fears, and a slump in government business are also factors that compelled several carriers to trim prices and available seating to compensate for falling demand. However, airlines haven't yet made major cuts, hoping the ongoing uncertainty will simmer down ahead of the peak summer season.