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US airline stocks down after rallying on Trump's tariff pause

ReutersApr 10, 2025 5:00 PM

Shares of some U.S. airline cos fall after rallying on Wednesday on President Donald Trump's 90-day pause on tariff plan

American Airlines AAL.O down 13%, United Airlines UAL.O down 11%, JetBlue JBLU.O down 13%, Southwest Airlines LUV.N down 10%

Delta Air Lines DAL.N down 11%; at least three brokerages cut PT on stock after co pulled 2025 financial forecast

Shares of some online travel agencies also fall in afternoon trade

Booking Holdings BKNG.O down 4%, Tripadvisor TRIP.O down 11% and Expedia EXPE.O down 8%

Including session losses, S&P 500 Transportation Index .SPLRCTRN down 6.2% YTD

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