Airlines Say They’re Close to a ‘Tipping Point’ Due to the Shutdown

  • American, Southwest, JetBlue warn of potential delays, lines
  • FAA doesn’t see performance lag; TSA absenteeism has risen
U.S. airline stocks took off despite concerns of a hit from the partial government shutdown. Ramy Inocencio reports.(Source: Bloomberg)
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U.S. airline bosses stepped up their criticism of the partial government shutdown, warning that the closing threatens to snarl air travel.

“We are close to a tipping point as employees are about to miss a second paycheck,’’ JetBlue Airways Corp. Chief Executive Officer Robin Hayes said on a conference call Thursday with analysts and investors. “The longer this goes on, the longer it will take for the nation’s air travel infrastructure to rebound.’’