Major U.S. airlines are reducing their flight schedules and revising or withdrawing their profit outlooks for the year due to less domestic travel demand as sentiment about the national and global economies sours.

President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while escalating his trade war with China.

Oil prices rose to a gain after sinking to a four-year low Wednesday morning in anticipation of slowing economic growth and reduced energy demand, both casualties of a trade war that began after President Donald Trump ordered widespread tariffs against the imports of U.S. trading partners.

Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed off his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.

Delta Air Lines, which believed as recently as January that it was on track for its best financial year in company history, said Wednesday that disruptions in global trade have created such enormous uncertainty that it scratched its performance expectations for 2025.

Experts say a combination of training and technology were critical to all 76 passengers and four crew members surviving the fiery Delta Air Lines plane crash in Toronto.

Delta Air Lines fourth-quarter results topped analysts’ expectations as travel demand was strong during the crucial holiday period.

The Biden administration is on its way out of power, but that's not ending the arguments between the administration and airlines that think they are being over-regulated.

The chief executive of Delta Air Lines says the incoming Trump administration will be a “breath of fresh air” for airlines after what he called government “overreach” under President Joe Biden.

Delta Air Lines says third-quarter earnings fell 26% largely because of fallout from a technology outage that caused several thousand canceled flights in July.

A high-ranking Delta Air Lines executive is leaving the company, just a few weeks after Delta canceled thousands of flights and struggled to recover from a technology outage.

Microsoft is joining cybersecurity firm CrowdStrike in fighting back against criticism from Delta Air Lines.

Cybersecurity software company CrowdStrike is firing back at Delta Air Lines.

Delta CEO Ed Bastian says the airline is facing $500 million in costs for the global technology breakdown this month.

The chief executive of Delta Air Lines expects flight cancellations and delays that resulted from a global technology breakdown last week to be resolved by Thursday.

Delta Air Lines is struggling for a fourth straight day to recover from the tech outage, even as other airlines are returning to nearly normal levels of service.

Airlines, including Delta Air Lines, continued to struggle to restore operations two days after a faulty software update caused technological havoc worldwide and resulted in several carriers grounding flights.

Americans are traveling in record numbers this summer, but Delta Air Lines says it saw second-quarter profit drop 29% due to higher costs and discounting of base-level fares across the industry.

Delta Air Lines has struck a deal with a start-up airline to operate flights between the United States and Saudi Arabia.

Delta Air Lines is raising pay for flight attendants and other nonunion workers by 5%.

Delta Air Lines has reported a small first-quarter profit and says travel demand is strong heading into summer.

Delta Air Lines says it closed 2023 strong and expects another good year in 2024.

Delta Air Lines will move more slowly in tweaking its frequent-flyer program after customers complained loudly about changes the airline announced back in September.

Delta Air Lines says it made $1.11 billion in the third quarter, thanks to planes that were packed with travelers this summer.

Delta Air Lines wants a do-over for changes it recently announced in its frequent-flyer program.

Tom Brady is putting on a Delta Air Lines uniform, at least figuratively.

The government says airfares are dropping, but Delta officials say they're not seeing the same thing.

Delta Air Lines is reporting record profit and revenue in the second quarter, as summer travelers pack planes and head off on vacation.

The hiring sign is out at United Airlines.

Delta Air Lines has reported a $363 million loss for the first quarter because of much higher spending on labor and fuel.

Airline executives are pushing Congress and the White House to step up funding for the Federal Aviation Administration after a technology failure briefly grounded flights around the country this week.

Delta Air Lines says it will start providing free Wi-Fi for all passengers on most of its U.S. flights starting next month.

Delta Air Lines is posting a $695 million profit for the third quarter, which includes much of the peak summer travel season.

Airplanes are a minor contributor to global greenhouse-gas emissions, but their share is sure to grow as more people travel in coming years.

The summer is off to a profitable start for Delta Air Lines.

Asian stock markets have climbed Thursday despite a record-setting U.S. inflation report that pointed to more possible interest rate hikes that investors worry will chill economic growth.

If you're flying this holiday weekend, be prepared for crowded airports, full planes, and higher-than-normal chances that your flight will be delayed or even canceled.

Delta Air Lines is boosting its outlook for second-quarter revenue because it expects phenomenal demand for travel this summer.

The Biden administration has announced it will extend through May 3 the nationwide mask requirement for airplanes and public transit as it monitors an uptick in COVID-19 cases.

Delta Air Lines lost $940 million in the first quarter yet bookings surged in recent weeks, setting up a breakout summer as Americans try to put the pandemic behind them.

Delta Air Lines has suspended its partnership with Russian national airline Aeroflot following Russia's invasion of Ukraine.

Delta Air Lines has told the U.S. Department of Justice that any person convicted of a disruption on board a flight should be put on the national “no fly” list.

American Airlines is reporting a $931 million loss for the fourth quarter and warning that omicron will further delay its recovery.

Delta Air Lines is reporting a $408 million loss for the final quarter of 2021, dragged down by a COVID-19 surge that rocked the airline in December, and the carrier expects to suffer one more quarterly loss before travel picks up in the spring and summer.

Airlines canceled hundreds more flights Saturday because of staffing issues tied to COVID-19, disrupting holiday celebrations during one of the busiest travel times of the year.

Airlines are canceling hundreds of flights as the omicron variant jumbled schedules and drew down staffing levels at some carriers during the busy holiday travel season.

The surge in coronavirus cases driven by the new omicron variant is the latest blow to hospitals, police departments, supermarkets and other critical operations struggling to maintain staffing levels.

Virgin Atlantic has received 400 million pounds ($530 million) of new funding from its shareholders to help the airline ride out the coronavirus pandemic.

Southwest Airlines is backing away from a plan to put unvaccinated workers on unpaid leave.

Delta Air Lines is reporting a $1.2 billion profit for the third quarter, thanks in large part to federal aid to help the industry get through the pandemic.

The leading U.S. airlines say that the rise in COVID-19 cases is hurting ticket sales and pushing back the recovery of the travel industry.

Delta Air Lines won't force employees to get vaccinated, but it's going to make unvaccinated workers pay a $200 monthly charge.

United Airlines will require U.S.-based employees to be vaccinated against COVID-19 by late October, and maybe sooner.

Airlines say the current rise in new cases of coronavirus aren't scaring away travelers.

A seemingly offhand remark by President Joe Biden is raising hopes in the airline industry that the U.S. might soon open up to European visitors.

American Airlines is telling some flight attendants to cut short their leaves of absence and come back to work.

Delta Air Lines is reporting profits of $652 million for the second quarter thanks to an increase in leisure travel and $1.5 billion in federal pandemic relief.

If you want to work at Delta Air Lines, you'll need to get vaccinated against COVID-19.

Delta Air Lines says it lost $1.2 billion in the first quarter, but the airline thinks it can be profitable by late summer unless there's a resurgence of COVID-19.

Liberal activists are stepping up calls on corporate America to denounce Republican efforts to tighten state voting laws.

The sweeping rewrite of Georgia's election rules that was signed into law by Republican Gov. AdThe reaction wasn’t much friendlier from voting rights groups that fought the legislation and criticized corporate players for not trying to block it altogether. Quincey noted on CNBC that Coca-Cola, even before Georgia's action, already had paused its PAC activity and would consider politicians' position on voting rights as part of future contributions. Bishop Reginald Jackson, who presides over more than 400 African Methodist Episcopal churches in Georgia, said too many corporate leaders have been “silent” on voting laws. Civil rights groups have filed federal lawsuits seeking to overturn the Georgia law.

(AP Photo/Rick Bowmer, File)Across the United States, air travel is recovering more quickly from the depths of the pandemic, and it is showing up in longer airport security lines and busier traffic on airline websites. "Our last three weeks have been the best three weeks since the pandemic hit, and each week has been better than the one prior,” American Airlines CEO Doug Parker said Monday. However, the airlines still have far to go before travel fully returns to pre-pandemic levels. Since the pandemic hit, air travel has picked up a few times — mostly around holidays — only to drop back down. The airline said people are booking leisure trips to beach and mountain destinations but business travel is still lagging.

FILE - In this Oct. 29, 2019 file photo, Delta Air Lines CEO Ed Bastian talks at the new $3.9 billion Terminal C at LaGuardia Airport in New York. Bastian says travel demand will be weak for the next couple months, but he's holding onto hope for a summer surge " in 2021. Q: How much international travel do you expect this summer? Q: How important is testing passengers for COVID-19 to allow more international travel? We’re seeing some revenue improvement ... and I don’t think that’s a big step to go from $12 million a day to break-even.

Delta, United and Alaska airlines said Thursday, Jan. 14, 2021 they will bar passengers flying to Washington from putting guns in checked bags. The moves follow the Jan. 6 riot at the U.S. Capitol by supporters of President Donald Trump and politically tinged confrontations on some flights. American Airlines is bringing back a ban on serving alcohol on flights to and from the Washington area — flights go dry starting Saturday through next Thursday. Price also said that it is “a good idea” to prohibit passengers from putting guns in checked bags if they are flying to Washington. Federal law allows passengers to put guns in checked baggage if they are unloaded and in a locked, hard-sided case, although airlines have the discretion to ban guns.

FILE - In this May 14, 2020 file photo, several dozen mothballed Delta Air Lines jets are parked on a closed runway at Kansas City International Airport in Kansas City, Mo. Delta Air Lines is reporting a $755 million loss for the fourth quarter, which brings its loss for all of 2020 to more than $12 billion. Delta on Thursday reported a quarterly loss of $755 and $12.4 billion in losses for all of 2020. So far in January, air travel in the U.S. is down nearly 60% from a year ago. Helped by two rounds of government aid, plus billions more from issuing new debt, Delta ended 2020 with $16.7 billion in liquidity.

DALLAS – Southwest Airlines cautioned Thursday that the tenuous recovery in air travel could be fading as coronavirus cases spike across the United States. Airline stocks surged on Monday after Pfizer reported promising early results from a trial of a coronavirus vaccine. The report from Dallas-based Southwest added to fears that the spreading virus cases will hurt travel demand heading into Thanksgiving, a key period for airlines. It is unclear whether the weakening booking trends is directly related to the surge in virus cases. Airline stocks fell more sharply than broader market indexes.

Brandon Contreras represents the worst fears of the lucrative business travel industry. Work travel represented 21% of the $8.9 trillion spent on global travel and tourism in 2019, according to the World Travel and Tourism Council. Right now, Delta’s business travel revenue is down 85%. ExxonMobil cut business travel in February — even before the pandemic’s full impact was felt in the U.S. — because of falling global demand for oil. But he thinks new kinds of business travel could also emerge.

Southwest Airlines on Thursday, Oct. 22, lost $1.16 billion in the normally strong third quarter, which includes most of the summer vacation season. American Airlines on Thursday reported a loss of $2.4 billion and Southwest Airlines lost $1.16 billion in the third quarter, typically a very strong period of air travel that includes most of the summer vacation season. However, air travel in October is still down 65% from a year ago. The Seattle company said that removing one-time gains and costs, the loss came to $3.23 per share, which was wider than the $2.86 per share loss predicted by analysts. Earlier this month, Delta Air Lines posted a $5.4 billion loss and United Airlines lost $1.8 billion for the third quarter.

Since then, Delta has concentrated on hoarding cash — it raised $9 billion by mortgaging its frequent-flyer program — and cutting costs. Executives said 40,000 took leave during the summer; 12,000 were on leave in September. “We haven’t needed to furlough — our employees took care of that themselves,” Bastian said in an interview. They saved each other’s jobs.”Back in April, airlines reached agreements with the Treasury Department for up to $25 billion in payroll relief, with Delta getting $5.4 billion. Delta employees say the company helped them apply for taxpayer-funded unemployment benefits if they took a voluntary leave of absence.

Delta Air Lines CEO Ed Bastian has put out what some are calling an aggressive enforcement of mask-wearing on the company’s flights. ”If you board the plane and you insist on not wearing your mask, we will insist that you don’t fly Delta into the future,” Bastian told Today in an interview Wednesday. The CEO said the stance is one he’s taking in order to keep crew and passengers safe during the pandemic. As the coronavirus pandemic continues, Delta flights have been booked to 60% of their capacity, Today reported after speaking with Bastian. “We’ve had some customers indicate that they have (an) underlying condition that makes wearing a mask dangerous for them,” Bastian said.

Growth has stalled, Delta CEO Ed Bastian said. Delta is the first U.S. airline to report financial results for the May-through-June quarter, and the numbers were ugly. Deltas second-quarter loss compared with a year-ago profit of $1.44 billion during what is normally a strong season for airlines. Atlanta-based Delta said its adjusted loss worked out to $4.43 per share, wider than the $4.16 per share average in a FactSet survey of analysts. Whether that happens at Delta could depend on how many employees accepted buyouts or early retirement offers by a Monday deadline.

American Airlines, meanwhile, plans to cut its 17,000 management and support staff by 30% about 5,100 jobs. Major airlines in Europe and the United States are on better footing after receiving promises of billions in assistance. If the pandemic rages on and air travel remains severely depressed this fall, however, there are no guarantees, even for the strongest airlines. The airlines' troubles are creating ripples through the aviation industry, at aircraft makers Boeing and Airbus and their suppliers. Airlines are looking for governments to help not only with financial aid but to take steps that might encourage more people to fly.