Belgium Attacks Threaten Summer Travel Demand for U.S. Airlines
- Airport bombing occurs just ahead of Easter, vacation trips
- Brussels attacks build on fear after Paris blasts last year
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Terrorist attacks at the Brussels airport and subway are likely to cut into ticket sales for U.S. airlines that had been poised to benefit from strong demand going into the busy summer season.
Each of the three biggest U.S. carriers generate at least 12 percent of total revenue from trans-Atlantic travel, led by United Continental Holdings Inc., said Savanthi Syth, an analyst at Raymond James Financial Inc.