US Suspends TSA PreCheck and Global Entry Programs Amid Government Shutdown
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: CNBC
- Reason for Suspension: The Department of Homeland Security suspended TSA PreCheck and Global Entry programs on Sunday due to a partial government shutdown, affecting security processes at over 200 airports and causing significant inconvenience for millions of travelers, highlighting the direct impact of government operations on public travel.
- Membership Impact: As of 2024, TSA PreCheck has over 20 million active members, with approximately 34% of screened passengers being program members; the suspension will significantly increase wait times at security checkpoints, potentially leading travelers to choose alternative travel methods, thereby affecting airline revenues.
- Flight Cancellations: In anticipation of a massive winter storm, airlines have canceled over 6,000 flights and waived cancellation and change fees at multiple East Coast airports, demonstrating the dual impact of weather and policy on the aviation industry.
- Industry Reaction: The airline industry expressed strong dissatisfaction with the suspension of programs due to the government shutdown, viewing travelers as political pawns; last year's shutdown already cost the industry $6.1 billion and affected about 6 million travelers, indicating a long-term threat to the tourism sector from policy instability.
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Analyst Views on DAL
Wall Street analysts forecast DAL stock price to rise
18 Analyst Rating
18 Buy
0 Hold
0 Sell
Strong Buy
Current: 66.880
Low
77.00
Averages
83.50
High
90.00
Current: 66.880
Low
77.00
Averages
83.50
High
90.00
About DAL
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company has hubs and markets in Amsterdam, Atlanta, Bogota, Boston, Detroit, Lima, London-Heathrow, Los Angeles, Mexico City, Minneapolis-St. Paul, New York-JFK and LaGuardia, Paris-Charles de Gaulle, Salt Lake City, Santiago (Chile), Sao Paulo, Seattle, Seoul-Incheon, and Tokyo. Its segments include Airline and Refinery. Its airline segment is managed as a single business unit that provides scheduled air transportation for passengers and cargo throughout the United States and around the world and includes its loyalty program, as well as other ancillary businesses. Its refinery segment operates for the benefit of the airline segment by providing jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third parties. The refinery's production consists of jet fuel as well as non-jet fuel products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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