Airlines Expected to Cut 2025 Outlooks as Travel Demand Falters As global economic uncertainties persist, airlines are bracing for a potential slowdown in travel demand in 2025, with many expected to revise their financial outlooks downwards. After a period of remarkable recovery from the pandemic’s devastating impact on the airline industry, recent signs of weakening … Read more
Southwest’s Bag Fees and Other Changes Could Backfire, Fitch Warns Dallas, April 3, 2025 – Southwest Airlines’ recent overhaul of its customer-friendly policies—including new checked bag fees, assigned seating, and a basic economy fare—may jeopardize its financial recovery and market position, according to a cautionary report from Fitch Ratings released Wednesday, April 2. The credit … Read more
Airline Stocks Slide as Concerns Grow Over Consumer Travel Appetite New York, April 1, 2025 – Airline stocks took a nosedive on Tuesday as Wall Street grappled with mounting fears of weakening consumer travel demand, casting a shadow over a sector that had been riding high just months ago. The sell-off, triggered by a cocktail … Read more
A Southwest Airways Boeing 737 MAX is pushed again from the gate at San Diego Worldwide Airport in San Diego, Aug. 24, 2024. Southwest Airways introduced Tuesday what was as soon as unthinkable: it would begin charging prospects to test their baggage. It is a $300 million gamble. Final yr, Southwest mentioned its “rigorous analysis” … Read more
For over 125 years, The Goodyear Tire & Rubber Company has been a titan in the tire industry, synonymous with innovation, durability, and American ingenuity. From its humble beginnings in Akron, Ohio, in 1898, Goodyear has grown into one of the world’s leading tire manufacturers, serving consumers, commercial fleets, and even NASCAR racers. Yet, as … Read more