Government shutdown could impact travelers, TSA chief warns
Published On Dec 19, 2024, 4:55 PM
The TSA warns that if a government shutdown occurs, travelers could face longer wait times at airports, particularly during the busy holiday season. Despite most TSA employees being considered essential and continuing to work without pay, a prolonged shutdown could still impact efficiency. The TSA is preparing for a high volume of travelers, with expectations to screen approximately 40 million passengers during this time. AAA predicts record levels of travel over the year-end holiday period, overtaking pre-pandemic figures.
Stock Forecasts
DAL
Negative
The travel sector, particularly airlines and related services, could see short-term negative impacts due to potential delays and long wait times resulting from a government shutdown. This could deter some travelers from flying, especially during the holiday season, affecting airlines' revenues and stock performance.
TRV
Positive
Conversely, travel-related ETFs that focus on broader market diversifications, such as <a href="https://www.tradingview.com/symbols/AMEX-TRV/">TRV</a>, may be less affected by short-term fluctuations in individual airlines and can be seen as a more stable investment for those expecting travel to resume post-holiday chaos.
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