US: Airlines, too, are hit when govt workers are grounded
It’s not just airport security lines and control tower workers that are affected by the federal govt shutdown. Airlines, too, are being hit. The industry as a whole lost about US$105m in revenue in the first month of the shutdown, according to data from the consulting firm ICF. That figure represents only the loss of revenue from some govt employees not taking work trips. “In the context of the airlines’ total revenue, this is a drop in the bucket,” said Samuel Engel, a senior VP at ICF. “One major storm can cut airlines’ revenue more than a month’s lost govt travel, but a storm doesn’t continue month after month,” he added. Engel said that ICF’s data did not include travel by private citizens like govt contractors or lobbyists, or leisure travel to Washington. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-01-24/general/us-airlines-too-are-hit-when-govt-workers-are-grounded
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US: Airlines, too, are hit when govt workers are grounded
It’s not just airport security lines and control tower workers that are affected by the federal govt shutdown. Airlines, too, are being hit. The industry as a whole lost about US$105m in revenue in the first month of the shutdown, according to data from the consulting firm ICF. That figure represents only the loss of revenue from some govt employees not taking work trips. “In the context of the airlines’ total revenue, this is a drop in the bucket,” said Samuel Engel, a senior VP at ICF. “One major storm can cut airlines’ revenue more than a month’s lost govt travel, but a storm doesn’t continue month after month,” he added. Engel said that ICF’s data did not include travel by private citizens like govt contractors or lobbyists, or leisure travel to Washington. <br/>
