Business
Airlines warn flight cancellations will continue even after shutdown ends
A board shows two cancelled American Airlines flights and three on time at Logan International Airport in Boston, Massachusetts, U.S., Nov. 7, 2025.
Brian Snyder | Reuters
Flight disruptions that have marred air travel for millions of people in recent weeks could continue even after the government shutdown ends, airlines and the secretary of Transportation said.
The Senate on Monday night passed a bill that could end the longest federal government shutdown in history, sending it to the House for a vote.
But Transportation Secretary Sean Duffy said Tuesday that won’t be an immediate fix.
“We’re going to wait to see the data on our end before we take out the restrictions in travel but it depends on controllers coming back to work,” Duffy said at a press conference at Chicago O’Hare International Airport.
Duffy also warned severe disruptions over the past few days could get much worse without a deal.
The Senate vote came as staffing shortages of air traffic controllers, who are required to work without their regular paychecks in the shutdown, have delayed or canceled thousands of flights, with issues worsening in recent days. Controllers missed their second full paychecks of the shutdown this week, and some have taken up second jobs and are working with increasing levels of stress, government and union officials have said.
Even if the House passes the bill that will fund the federal government through January, airlines said they will need time to readjust.
“Airlines’ reduced flight schedules cannot immediately bounce back to full capacity right after the government reopens,” Airlines for America, a lobbying group for airlines including Delta Air Lines, United Airlines, American Airlines and Southwest Airlines, said late Monday. “It will take time, and there will be residual effects for days. With the Thanksgiving travel period beginning next week and the busy shipping season around the corner, the time to act is now to help mitigate any further impacts to Americans.”
Airlines will need time to reconfigure schedules and position planes and crews, something they were forced to quickly address with last week’s required flight cuts.
More than 5 million travelers have been affected by airline staffing issues since the shutdown began on Oct. 1, Airlines for America said . The disruptions have sent some passengers looking for alternatives, from buses to rental cars and even private jets.
Last Friday, the Trump administration started requiring commercial airlines to cut 4% of their domestic flights at 40 busy U.S. airports, with larger reductions on the way if the shutdown doesn’t end, as officials blamed the strain on air traffic controllers.
Aviation groups have said that record numbers of travelers are expected for the Thanksgiving period, with the holiday just over two weeks away.
Just over 5% of the scheduled 22,811 U.S. departures were canceled on Tuesday, a relatively light day for travel generally, according to aviation data firm Cirium. That’s down from an 8.7% cancellation rate on Monday, or 2,239 flights, and 2,633 cancellations on Sunday, or 10.2% of the schedule. Delays had also piled up with staffing shortages and bad weather at major hubs, including Chicago O’Hare.
The shutdown, like the one in late 2018 to early 2019, has thrust aviation’s strains into the spotlight. The previous shutdown, however, ended hours after a shortfall of air traffic controllers snarled air traffic in the New York area.
Aviation groups on Tuesday urged lawmakers to not only end the shutdown but to provide more Department of Transportation funding to help modernize air traffic control and hire more controllers, who were in short supply even before the shutdown began.
“The government shutdown has disrupted that work and slowed the strong momentum we have built for modernization,” the Modern Skies Coalition, which includes major airline, airport and aerospace groups such as Boeing, GE Aerospace and others, as well as labor unions, wrote in an open letter to Congress.
President Donald Trump on Monday threatened to dock pay of air traffic controllers who are absent. “All Air Traffic Controllers must get back to work, NOW!!!,” he wrote in a post on Truth Social, adding that he would recommend $10,000 bonuses for any air traffic controllers who weren’t absent during the shutdown.
Duffy said he supported Trump’s idea and that he was concerned about the dedication and “patriotism” of controllers who haven’t shown up for work. “If we have controllers who systemically weren’t doing their job, we will take action,” he said.
Duffy said controllers would receive about 70% of their pay within two days of the shutdown ending.
A day earlier, Nick Daniels, president of the National Air Traffic Controllers Association union, said it took about 2½ months before the workers were made whole in the shutdown that ended in 2019.
Duffy said the shutdown has made air traffic controller staffing more challenging, with 15 to 20 of them retiring a day instead of around four retiring a day before the government closure. He said the country is roughly 2,000 controllers short of what the system needs.
“The job of keeping aviation safe and secure is tough every day, but forcing federal employees to do it without pay is unacceptable,” the Modern Skies Coalition wrote in its open letter. “We owe public servants at the Federal Aviation Administration (FAA) and other agencies supporting aviation, like the National Transportation Safety Board, the Transportation Security Administration and Customs and Border Protection, a debt of gratitude and a swift ending to this shutdown.”
Business
PSX plunges over 3,800 points amid panic selling – SUCH TV
Panic selling returned to the Pakistan Stock Exchange (PSX) on Thursday as President Donald Trump said the United States would continue to attack Iran, with the benchmark KSE-100 Index sinking by about 5,500 points during the opening minutes of business.
At 9:35am, the benchmark index was hovering at 150,022, down by 5,489 points or 3.45%.
However, by 11:00 the equities recovered some losses and the index was trading at 151,621.26 points down by 3,890.30 or 2.57 percent.
Experts opined that the jubilation of yesterday’s market halt has been completely wiped out as the ‘ceasefire rally’ crashed into a harsh geopolitical reality.
Offloading was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs and power generation.
Index-heavy stocks, including MARI, OGDC, POL, PPL, MCB, MEBL, NBP and UBL, traded in the red.
On Wednesday, the PSX had staged a powerful rally with the benchmark KSE-100 Index surging past the key psychological barrier of 150,000 points as improving investor sentiment.
The KSE-100 Index closed at 155,511.57 points, registering a sharp gain of 6,768.25 points or 4.55%.
Business
Middle East war affects tens of thousands of bookings, Lastminute says
Travel agent Lastminute.com said war in the Middle East has impacted some 17,000 bookings, while holidaymakers are shifting towards alternative destinations like the Canary Islands and Sardinia.
The website, which offers holiday packages to destinations including Dubai and Abu Dhabi, said it was having to “adapt quickly” to travellers changing their preferences in light of the conflict.
The US-Israeli war with Iran, which escalated at the end of February, led to disruption and cancellations of some flights to Gulf states including the United Arab Emirates, Saudi Arabia and Qatar.
The airspace closures, coupled with consumer sentiment when it comes to travel taking a hit, affected approximately 17,000 bookings, Lastminute revealed.
It said the total volume of affected travel around the region is currently the equivalent of about a day and a half of its normal daily operations.
Despite the conflict influencing where and when people choose to book trips, the “overall intent to travel remains high”, according to Lastminute.
Consumers have been seeking reassurance and flexibility, and early booking patters indicate a shift in the preferences of travellers.
It noted increased demand toward alternative destinations such as Spanish archipelagos the Canary and Balearic Islands, Italian islands Sicily and Sardinia, and other European city breaks.
Lastminute’s chief executive Alessandro Petazzi said: “We continue to closely monitor the evolving situation in the Middle East, with supporting our customers remaining our top priority.
“At the same time, Lastminute.com’s flexible, pan-European model enables us to adapt quickly as travel patterns evolve, with demand naturally rebalancing across destinations.”
The Netherlands-based company reported a 15% jump in revenues to 361 million euro (£315 million) for the 2025 financial year, compared with the year before.
Adjusted earnings before tax and other costs increased by a third to 55 million euro (48 million).
The company said it was remaining “vigilant” against the geopolitical situation in the Middle East, but added that it was sticking to forecasts of a roughly 10% increase in revenues and profits in the year ahead.
Business
Oven Pride firm McBride sees ‘first signs’ of supply shortages due to Iran war
Oven Pride household goods group McBride has revealed “temporary” price hikes to cover increased costs from the Iran war and warned it was seeing the first signs of supply shortages caused by the conflict.
The group, which makes branded and white label household and cleaning products for the likes of Tesco and Sainsbury’s, said until now it had only seen a small impact from higher haulage costs due to fuel price rises, but said “these conditions have now started to change”.
It said the “most heavily impacted” chemical and packaging suppliers are pushing through price increases as they face rising costs for petrochemical-derived feedstocks and higher energy costs in chemical and packaging production.
“The first signs of possible shortages in supply chains around the world are beginning to emerge,” it added.
McBride said its costs are increasing this month and will rise further due to the war, and is set to lift prices to offset the hit.
“The group has already informed all customers about temporary price adjustments, or surcharges to current pricing, to recover these higher, beyond our control, cost impacts from the Middle East conflict,” McBride said.
The warnings come amid mounting worries over the impact of the conflict on supply and costs, having sent oil prices surging above 100 US dollars a barrel and causing widespread disruption to global shipping.
Supermarkets met with Chancellor Rachel Reeves and Energy Secretary Ed Miliband at No 11 on Wednesday to look at issues caused by the war and agreed to explore together how to ease the cost-of-living impact for consumers.
McBride’s comments came in an update as it also announced a £34.5 million deal to buy Eurotab – a French-based specialist in cleaning tablets, such as for dishwashers.
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