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TARIFF UNCERTAINTY HINDERS AIRLINE GROWTH
Everywhere you turn lately, it seems that all you hear about are tariffs. The threat of tariffs tanked the global stock market and caused extreme worry for millions around the world. Then, just as fast as they were implemented, they were paused, at least for 90 days. Regardless of your view on world politics and economics, it is evident that this macroeconomic uncertainty has caused turbulence in the airline world.
At the beginning of the year, most U.S. airlines were boasting how they expected this to be an amazing year for them. From making the most money ever to carrying the most passengers in history, airlines had big dreams. Now, as of April 15th, Delta has pulled back their 2025 financial forecast as future bookings are down from last year. Delta told Airbus that they would defer any delivery carrying a tariff and even cited shrinking work groups through natural attrition. This stark difference affects everyone in the industry and puts many on edge as they await how this plays out for their careers.
When airlines face massive uncertainty such as tariffs, airline hiring and growth is put on the back burner. They wait to see how each scenario will develop as they preserve capital. Despite the 90-day pause on most tariffs, the uncertainty is far from over and airlines will play it safe. We are still early into 2025 and we don't know where this economy will take us. For those in the job hunt, go meet recruiters, keep your applications updated, and remain patient. Your determination now could put you at the top of the stack in the future.
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