Southwest, Alaska Airlines fall after pulling annual forecast

Shares of Alaska Air Group ALK.N fall 7.2% to $42.80, Southwest Airlines LUV.N fall 2.8% to $24.80 premarket

Both carriers withdrew 2025 financial forecasts amid uncertainty created by President Donald Trump's trade war

With little clarity on how consumers will behave in the face of a potentially worsening economy, airlines are struggling to accurately forecast their business

Last week, United Airlines UAL.O gave two different forecasts

Earlier this month, Delta Air Lines DAL.N did not affirm its full-year financial forecast, citing a fluid macroeconomic environment

As of last close, ALK had fallen 28.8% and LUV fell 24.1% YTD, compared with a 31.1% decline YTD in the S&P 1500 airlines index .SPCOMALI