Jul 20, 2017
In addition, the USA “welcome mat” has been selectively removed from our airports, gratis the President’s Travel Ban. The world’s tourists (more broadly) have taken notice. In March, Tourism Economics forecasts had projected 4.3 million fewer visitors to the USA in 2017, with $7.4 billion in lost revenue. Let’s see what actually happens. The U.S. Supreme Court will hear arguments and write its opinion on the travel ban later this year, or early next year.
As to longer-term risk management --going forward-- look for order deferrals on large aircraft. This is not usually a good sign, on future demand at that particular airline.