1402 ET - Bookings data shows that fare growth "slowed notably" across the six largest U.S. airlines in February, UBS analysts say in a research note. The slowdown was most evident for Delta Air Lines and American Airlines, both of which cut their outlooks earlier this month over fears that a recession could further erode travel demand after a choppy start to the year. Delta's global average fare edged 0.1% higher in February, after growing 6.8% year-over-year in January, UBS data shows. American's global fare growth was 4.5% lower in February compared with 2.8% growth year-over-year in January. That said, the analysts add that premium fare growth held up better than economy. (connor.hart@wsj.com)
(END) Dow Jones Newswires
March 24, 2025 14:02 ET (18:02 GMT)
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