The airline has flagged ‘some signals that US demand had been slowing’ CFO Oli Byers said.
“We think that is quite a natural reaction to general consumer uncertainty.”
The comments triggered a drop in BA owner IAG’s stock price.
They fell about 7%.
It comes as transborder travel demand from Canada to the US has seen a huge drop by more than 70% for this summer.
That is specifically down to the trade war and like-for-like tariffs, which could soon impact transatlantic traffic due to political and economic factors.
Europe’s top airlines have cited concerns but that has yet to translate into a fall in bookings.
“It is concerning for us but as of today, we don’t see any material change in forward bookings,” Air France-KLM’s CEO Ben Smith said.
US airlines recently cited a slowdown in domestic travel demand but this hasn’t yet spread to international routes.
Virgin Atlantic reported record passenger revenues of £2.6 billion in 2024 and is highly reliant on US-UK transatlantic bookings.
Tags: Oli Byers, Virgin Atlantic, Ben Smith, Air France-KLM
