A set of consequences is likely to have a set of consequences. The unpopular person may be his voters who pay more for their summer vacation to Europe.
Airlines account for alert to the disturbing direction of declining demand from their decisive market in the United States, amid increasing signs that linking Trump to foreign trade will nominate ordinary Americans.
The dollar has decreased against the euro and the British pound since Trump took office in January, which reflected a steady trend of the dollar reinforcement during the management of Joe Biden.
This period of the dollar’s superiority encouraged purification of spending via Atlantic by American travelers, embodied by a wave of American Taylor Swift fans wandering to Europe to watch the singer while performing her tour last summer.
The analysis at that time from CNN showed that it was Much cheaper For a quick vision in Sweden, it was buying tickets in the secondary market in many American cities, even when size in travel and accommodation costs. Economists expect that these travel trends will see Europe enjoying A greater economic impact From the Swift tour of its homeland, America.
Travel companies in Europe have noticed these trends, which are not limited to Swifites. Talk to Financial times In March, the CEO of Air France-KLM said that the airline was investing in its first-class wing to attract the wealthy Americans traveling to Paris.
Smith said: “It is incredible what the Americans pay to come here, if you look at what costs to stay on the street at the Bristol Hotel,” Smith said.
One person is not satisfied with the news of foreign companies that benefit from the deep American pockets of Americans will be President Trump. As part of a comprehensive reform of the American economy, which is currently focusing on exports, Trump hopes to make us make more competitive and look at Reducing the value of the dollar As a core to achieve this.
Unfortunately, combat policies may harm the freedom of the American movement.
Airlines Bearing the greater burden From the investor’s decline in March when Trump warned that his aggressive economic policies could lead to recession.
The shares of British International Airlines have decreased approximately 30 % since early February, while US Airlines has decreased about 40 % since the beginning of the year amid increasing concerns about the low spending on consumers in the United States.
Virgin Atlantic, owned by 49 % of Delta, Make a billion pounds sterling ($ 1.3 billion) in revenues from its American operations last year, which helps to push the airline to the highest rate of rotation and operation in its 40 -year history.
Nevertheless, this evacuation penetration could be short after the Atlantic Financial Director Virgin Oli Bayers dropped a fateful warning after issuing the results.
“In the past few weeks, we have begun to see some of the signs of the US request,” Bayers said in the comments accompanying the issuance of the results.
On Sunday, the owner of the Atlantic majority Virgin Sir Richard Branson Go out The current American administration of its speech towards Europe and Ukraine. Branson said historians will remember this time as the West’s confidence in the United States ended.
The decrease in the demand from US agents is not yet a global experience of airlines in Europe.
“Our important and Atlantic work still looks very good,” Lufthansa Cfo Till Streicher told local media. Germany has permitted its border policy for the Americans, indicating that the visa or the relinquality of the entry did not guarantee entry to the country. This does not seem to have a travel effect as well.
This story was originally shown on Fortune.com
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