Airline earnings are set to take a hit as economic uncertainty, severe weather, and a wave of plane crashes weigh on major US carriers. TD Cowen has cut its profit estimates for four airlines, signaling a difficult first quarter. The downturn comes after airline stocks dropped early Wednesday amidst rising concerns about safety and economic growth.
Source: https://www.marketwatch.com/story/airline-profits-hit-turbulence-from-q1s-parade-of-horribles-008507d2