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Chairman transportation professor at DePaul University.
First and the transportation.
Issue I mean this is this is not something like we have never seen since nine elevenths are.
It is not you know this is the ultimate act of god as I've been saying -- it's left their -- with this tremendous uncertainty.
And the customers travelers feel that so bookings for the summer -- -- affected here.
And let's not forget Friday as the busiest travel day of the week so we were cross their fingers that they would see some relief but I tell you it's that is just has gotten a bit worse the last few -- I'll tell you what Todd -- -- at all the airlines -- and once again the US US companies AMR's now canceling everybody's having to scramble because of this.
As putting pressure on the stocks -- the -- -- they're all that.
I -- British it was a Ryan -- -- excluded.
AMR continental UAL.
-- but listen -- this the Dow Jones travel and leisure index has more than double the S&P 500 year to date.
You know there are some great bargains out there this is only for the recreational traveler right now the real issue is lost productivity for the professional to present -- business traveler.
That's what you growing and I look at right now these people lined up they'll they'll rebook their chips -- -- -- yeah.
-- this is truly an act of god this is not one airline taking -- hit where the others -- start taking.
Advantage of that loss everybody's getting this across the board.
I you know I mean actually it do you have any sense in particular -- for British Airways and -- -- -- contact with them about.
How they're gonna handle that debacle was the skies -- you open back up for travel.
He had to complete nightmare for British Airways especially that probably going to be the hardest hit airline of -- -- the number one carry -- across the northern Atlantic between London and New York.
They rely heavily on those premium customers as does.
Virgin airlines for that -- and those people will be fully were funded.
And there's a good chance they won't reboot cycle but -- do their work over the phone maybe but there's a better chance that they -- rebook.
The -- economy passengers a British Airways already facing a big loss of business at a time.
When are already battling their union with the cabin crew and loss making operation anyway just.
Last word -- predict anything about this weekend star.
Well I can't save the European airlines this is worst case a bigger share of the costs are tied up and terminal payments and pensions and things of that was able to withstand -- US carriers.
I think that's sent shockwaves to the European travel community.
I do think.
By Sunday and Monday we should have some good news but let's -- have wind shifts that a fair rule it -- just yet just applaud -- and thank you very much -- -- commentary out to -- -- -- reporting out of -- London -- I -- you are working -- --
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