Government Shutdown Hitting Airlines as Traffic Controllers are Absent
Schwab Network · Schwab Network
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Show Notes
Hospitality and airlines are being hit by the government shutdown. “Government shutdowns are never good for airlines,” Steven E. Orr says, especially because of the loss of flight controllers. The threats around backpay are also concerning him. However, he does see some tailwinds: jet fuel costs have dropped, for one.
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