Airline CEOs warn domestic travel demand is slowing

Group 1 - Airlines are revising down their first-quarter profit and sales estimates due to a weaker economic backdrop affecting travel demand [1] - American Airlines expects a loss of between 60 cents to 80 cents per share, a significant increase from the previous forecast of a loss of 20 cents to 40 cents per share [1] - Revenue for American Airlines is projected to be flat year-over-year, compared to an earlier estimate of a potential increase of up to 5% [1] Group 2 - The revenue environment has been weaker than expected, influenced by the impact of Flight 5342 and a decline in the domestic leisure segment, particularly in March [2] - The reference to Flight 5342 pertains to a collision involving one of American Airlines' regional jets and an Army helicopter in Washington D.C. in January [2]