Donald Trump’s strategy to weaken the dollar could already be a success—in making it too expensive for Americans to travel to Europe

Quick Summary:

Virgin Atlantic, which made $1.3 billion from the U.S.last year, is seeing a decline in demand from Americans.

Analysis at the time from CNN showed that it was considerably cheaper to see Swift in Sweden than it was buying tickets on the secondary market in several U.S.cities, even when factoring in travel and accommodation costs.

Airlines bore the brunt of investor bearishness in March when Trump warned that his aggressive economic policies could trigger a recession.

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Article Details

Author / Journalist: Ryan Hogg

Category: EconomyBusiness

Markets: United StatesSweden

Topics: European economy Virgin Group Editor's Picks Lufthansa Group Airline industry Virgin Atlantic Fortune 500 Europe

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 10:59:12 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 584 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 146 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27512165

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 61 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #95

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