US airlines' shares slide on economic uncertainty from tariffs

April 3 -
Shares of U.S. airline companies fall premarket on Thursday after U.S. govt imposes sweeping reciprocal tariffs
Jetblue JBLU.O down 4.6%, American AAL.O falls 2.8%, United UAL.O slips 3.5%, Delta DAL.N down 3.2%, Southwest LUV.N slides 2.9%, Alaska Air Group ALK.N falls 2.6% premarket
Consumers have been cutting back on spending and major U.S. airlines have cut earnings forecasts amid rising economic uncertainty from tariffs
"Travel is discretionary and not immune from slower economic growth that might come from the tariff war," - Dan Wasiolek, analyst at Morningstar Research
YTD, Dow Jones US Airlines Index .DJUSAR down 24.22%