Delta Air Lines and United Airlines have accounted for most of the industry’s profits since 2022. Their appeal to wealthy travelers could become a liability if the economy weakens.
Delta Air Lines and United Airlines have invested in attracting affluent travelers. Delta has said most of its revenue comes from households earning at least $100,000 a year.
JPMorgan Chase reported blockbuster results yesterday. But its chief executive, Jamie Dimon, is worried about finding a “cockroach” or two in the financial system, he said.
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