1804 ET - Choppy air-travel demand is starting to look less like a Liberation Day blip. Both Delta Air Lines and United Airlines logged their largest drop in second-quarter revenue per available seat mile in their domestic businesses, compared with international sales. During 1Q, several airlines highlighted this gap between domestic and international as a new trend stemming from the economic volatility related to tariffs. The Liberation Day tariffs were paused during much of 2Q and some executives said during 1Q they were hopeful about demand rebounding. But United and Delta's results reveal the slow domestic travel trend isn't going away. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
July 16, 2025 18:04 ET (22:04 GMT)
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