Will Air Travel Problems Persist?

Will Air Travel Problems Persist?

September 03, 2021
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Will Air Travel Problems Persist?
How might it affect you?

 

Provided by Jamie Hansman

 

The airline industry plotted a course for recovery in 2021, but recent difficulties may have put that plan into a holding pattern.

 

While major airlines checked in with improving financial results for the second quarter, both they and smaller carriers have seen a number of complications. Technical issues, the latest storm season, and staffing issues have led to thousands of cancellations in recent weeks.1,2

 

How will the airline industry meet the world’s voracious demand for fast and reliable air travel? While it’s possible that staffing issues may only be temporary in light of recent Delta variant surges, could these workers be looking for other, less public employment opportunities?

 

However, this might affect you as you travel for work or pleasure this summer and beyond, know that I remain your personal air traffic controller in the high-flying financial world. I look forward to discussing these matters and more with you when the opportunity arises.

 

This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note - investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.

 

Citations

  1. CNBC.com, August 10, 2021
  2. AviationWeek.com, August 10, 2021