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Airlines Ready for Record Thanksgiving Rush Amid Operational Challenges
As the Thanksgiving holiday approaches, airlines are gearing up for what is expected to be a record-breaking travel season. The Transportation Security Administration (TSA) anticipates screening an unprecedented 30 million passengers from November 17 through November 28, with the Sunday following Thanksgiving projected to be the busiest day. TSA Administrator David Pekoske confirmed, “We are…
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JetBlue Faces Tough Skies as Stock Plummets and Antitrust Trial Over Spirit Acquisition Begins
JetBlue Airways saw its stock take a nosedive to a near 12-year low on Tuesday, coinciding with the start of its antitrust trial to defend its acquisition of budget carrier Spirit Airlines. The airline’s shares fell by 15% to approximately $3.55 each during early trading, while shares of Spirit Airlines also dropped by about 10%.…
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Southwest Airlines Adjusts Growth Plans Amid Shift in Travel Demand
In a move reflective of the evolving landscape of the aviation industry, Southwest Airlines announced on Thursday its decision to scale back its capacity growth for the upcoming year. The airline cited a moderation in travel demand and a return to pre-pandemic booking patterns as the primary reasons behind this strategic adjustment. Southwest’s new plan…