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Did BAC changes call the top of the aviation cycle?

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https://www.cnbc.com/2025/03/10/delt...er-demand.html

First (big) crack appearing in US domestic aviation demand, amid signs emerging across the broader US economy of weakness or even potential recession.

Given that BA is essentially a geared play on the US it is increasingly looking like they mistimed the move to screw their loyal BAEC customer base. And the scale of the downgrade to earnings versus revenues announced by Delta nicely illustrates just how operationally geared an airline is.

Any bets that they are sh&&&ing themselves in Waterworld?

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