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Non-Tech : Airline Discussion Board

JETS 25.68

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Nov 12 4:00 PM EST

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From: Moonray	10/19/2020 10:12:54 AM
	1 Recommendation of 1868

U.S. airport screenings top 1 million people for first time since March, but still down 60% Leslie Josephs The Transportation Security Administration screened more than 1 million people on Sunday, the first time topping that level since mid-March, a positive sign that more people are choosing to fly, but demand is still far off of last year’s levels. Executives at Delta and United last week said they were seeing some encouraging booking trends in recent weeks but that a full recovery, with business travel recovering last, would take years. Sunday’s seven-month high in TSA data is down more than 60% from last year. While both carriers have sharply reduced their cash burn, the modest recovery prompted both to estimate they won’t break even until next year. American and Southwest report third-quarter results on Thursday. o~~~ O

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