Australia's travel stocks fall as Delta Air outlook flags concerns over muted demand

Shares of Australian travel-related companies fall on worries over consumer behaviour

The moves come after major U.S. carrier Delta Air Lines' DAL.N earnings outlook raised concerns over muted consumer demand and an economic slowdown

Online travel agencies Webjet WJL.AX and Web Travel Group WEB.AX drop 2.3% and 4.1%, respectively

Travel agencies Flight Centre FLT.AX and Corporate Travel Management CTD.AX slip between 2.9% and 4.4%

Shares of Kelsian KLS.AX, which operates transport in Australia, fall 2.6%

Airline Alliance Aviation AQZ.AX down 1.2%

Qantas QAN.AX was an exception, with a 1.7% gain

QAN stock recovers from five sessions of losses after having dropped 8% on Tuesday when it traded ex-dividend

Travel-linked stocks were down in the West as well, with Delta and Airbnb ABNB.O closing down 7.3% and 5.1%, respectively