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As thousands of would-be airline passengers scramble to find alternatives to their canceled or delayed flights this week, Wall Street cheered all the way to the bank.
Well, maybe not exactly cheered, as the risk to U.S. airlines’ bottom lines is real. If the U.S. government shutdown continues into Thanksgiving week — historically the busiest for travel —
“disaster” awaits. And the stakes are higher this year: Thanksgiving bookings are up about 2% relative to 2024, according to aviation analytics company Cirium.
