Delta Air Lines is set to kick off U.S. airlines’ quarterly reports on July 10. Record travelers are taking to the skies, but fares have dropped. Airlines have pulled 2025 forecasts, blaming economic uncertainty. People move through Newark Liberty International Airport following a news conference by Transportation Secretary Sean Duffy at the airport, where he announced the reopening of a major runway at the airport, nearly two weeks ahead of schedule on June 2, 2025 in Newark, New Jersey. Spencer Platt | Getty Images
Millions of travelers are expected to fly over the July 4 holiday period, but the outlook for the rest of the year still looks murky as airlines wrestle with too many flights and not enough demand.
“The summer is on sale, which certainly implies lower fares,” Southwest Airlines CEO Bob Jordan said