04.2025 Signal Report

  • Recession in the second quarter is the most likely scenario.
  • Policy uncertainty is not better for economic trajectory (maybe worse) than unfavorable policy.
  • Consumer expectations on the economy and inflation are both troubling and likely self-fulfilling.
  • Expectations of a strong 2025 for airlines are now out the window, despite the preponderance of green arrows under Industry Trends.
  • Airlines are acting modestly now to curtail exposure. Look for more dramatic reductions and effects in the weeks ahead.

. Watch the full report.

Signal Report Archives
Signal Reports & News on YouTube

OUR SATISFACTION GUARANTEE
Each Signal Aviation Consulting product and self-performed service comes with an unconditional satisfaction guarantee: If you don’t think we did what we said we would, for any reason, you owe us nothing AND you get to keep & use everything we delivered; no questions asked.