As the holidays creep closer airlines get ready for one of the busiest times of the year. Jim Corridore, Airline and Logistics Analyst at CFRA, joins The Long and The Short to discuss which airlines are winning this year.
Corridore has a very positive outlook on the airline industry going into 2018, because travel demand is strong. He says this industry has been raking in money over the past three years--after many years of debt--and is investing in its products. When it comes to American Airlines, Corridore credits its recent success to CEO Doug Parker. He expects the company to be able to outgrow its competitors in revenue over the next few years.
In the news this week, many airlines have banned smart luggage. Passengers have to remove batteries if they are carrying on computers, etc. Until lithium batteries are proven safer, he believes all airlines should ban anything operating with one.
Shark attack survivor Paul de Gelder joins us to talk Navy diving, bull sharks, and his wild return in Air Jaws and more during Discovery’s Shark Week!
President Donald Trump has signed the GENIUS Act into law, setting new regulations for stablecoins, a type of cryptocurrency tied to assets like the U.S. dollar.
The switch from high-fructose corn syrup in Coke sold in the United States would put Coca-Cola in line with its practice in other countries, including Mexico.
