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Airlines brace for record Thanksgiving air travel - TL;DR CNBC

Airlines brace for record Thanksgiving air travel

Publishing timestamp: 2023-11-18 08:00:02


Summary

The article discusses how airlines are expecting record travel demand this holiday season, particularly during Thanksgiving. Cheaper airfare compared to last year is providing relief to consumers. The Transportation Security Administration expects to screen the most passengers ever during this period. Airlines are preparing for the busy travel season and are working to avoid costly missteps like flight cancellations. Carriers are also facing higher fuel and labor costs. The article mentions specific preparations made by Southwest Airlines and United Airlines to handle potential disruptions. The Federal Aviation Administration expects Thanksgiving flights to peak on Wednesday before the holiday. Delta Airlines, United Airlines, and American Airlines all expect to carry a significant number of passengers during this period. Overall, airfare prices for Thanksgiving flights are lower than last year.


Sentiment: NEUTRAL

Tickers: DALLUVAALUAL

Keywords: businessbreaking news: businessbreaking news: marketsbusiness newsunited airlines holdings inctransportationdelta air lines incamerican airlines group incsouthwest airlines colifetravelairlinesmarketsaerospace and defense industry

Source: https://www.cnbc.com/2023/11/18/thanksgiving-flights-bring-record-numbers-of-passengers.html


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