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Stock impact report

Transportation chief rules out air travel for many Americans this Thanksgiving unless shutdown ends as flights are ‘reduced to a trickle' [Fortune]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: Fortune
will simply not be possible for many travelers this Thanksgiving if the government shutdown drags on. The warning came after he announced reduced flight capacity at top U.S. airports over the coming days due to a shortage of air traffic controllers, who have been working without pay during the shutdown, forcing many to call in sick while earning money elsewhere. So far this weekend, thousands of flights have been canceled “It's only going to get worse,” Duffy told CNN on Sunday . “I look to the two weeks before Thanksgiving, you're going to see air travel be reduced to a trickle.” In response to staffing shortages, the FAA started with a 4% reduction in the flight operations at 40 major airports on Friday, which it will ramp up to 6% by Nov. 11, 8% by Nov. 13, and up to 10% by Nov. 14. Duffy said earlier that the reductions could hit 15%-20% if the shutdown continues. That would put Thanksgiving right in the crosshairs, with the busiest time of the year to travel less than thr Show less Read more
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