Holiday-related air travel has pushed TSA screenings to their highest levels since March. The aging of the coronavirus pandemic has laid bare its bottom-line risks. On one hand, a grave threat to public health, on the other, a grave risk to the economy and the livelihoods within it. The onset of the holiday season adds … Continued
Luckbox looks at the coronavirus-induced challenges that lie ahead for airlines, gaming, the stock market and almighty Amazon. WINNERS & LOSERS IN THE POST-VIRUS ECONOMY Some businesses are struggling to regain their footing as the pandemic continues This special section of Luckbox examines The New Order that’s taking shape as the pandemic recedes in some … Continued
Will America’s air carriers ever regain their lost glory and profitability? Experts offer a resounding “Maybe Commercial air travel made the time-worn fantasy of a magic carpet ride seem lame by comparison. A packed airliner bound from Los Angeles to Honolulu might carry a business traveler heading for Taipei, a vacationer escaping to Molokai and … Continued
With lots of cash and relatively low expenses, Southwest Airlines’ profits and stock price will take off when air travel recovers. The COVID-19 pandemic has crushed airline stocks, and for good reason. Since late March, the number of passengers passing through TSA screening checkpoints has been down more than 90% year-over-year. And during much of … Continued
An aviation veteran explains how every aspect of air travel— from the size of the plane to the number of possible destinations—could be smaller at the other end of the pandemic Luckbox sat down with aviation expert William S. Swelbar to get his take on how the industry is responding to the ravages of the … Continued