1441 ET - Airlines' upcoming 2Q earnings reports probably won't show signs of a recovery from the tariff-induced slowdown that struck in March and April, according to several analysts. Demand pulled back when consumer and business confidence deteriorated from the onslaught of new tariffs Melius Research analysts say in a note. It has since stabilized, but from a lower base, they say. The booking curve remains compressed because consumers are still hesitant about booking too far out, the analysts say. 2Q ultimately shaped up better than feared, but there's no question that cracks in the macroeconomic environment remain, Morgan Stanley analysts say in a research note. (dean.seal@wsj.com)

(END) Dow Jones Newswires

July 07, 2025 14:41 ET (18:41 GMT)

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