Next week could be busiest for airports in pandemic, but still not that busy

Airlines and airports are lowering expectations for Thanksgiving amid surging cases of COVID-19 nationwide.The pandemic is worsening just ahead of one of the busiest times for air travel.For months, U.S. airlines have pinned hope of a significant revenue boost on the holiday season. And while more Americans will be flying next week than have been in recent weeks, it’s now being further restrained by the virus’ uncontrolled spread.“The situation remains dire for the industry,” Nicholas E. Calio, chief executive of industry trade group Airlines for America (A4A), said Thursday. “Demand currently…

Read More

HEDGE accordingly