Operational Impact of Government Shutdown - The airline is experiencing flight cancellations due to the government shutdown, impacting travel schedules [1] - Initially, 220 flights were canceled out of 6,200, representing approximately 35% of total flights [1] - The airline is focusing cancellations on smaller aircraft and reducing flight frequencies on certain routes [2] - The level of cancellations is expected to increase over time, potentially causing further disruptions [3] Customer Impact and Mitigation - Approximately 10,000 passengers may need to reschedule their travel plans due to the cancellations [3] - The airline is proactively informing customers about travel disruptions well in advance of their airport arrival [4] - The cancellations affect a small portion of the airline's 650,000 daily customers [5] - The airline is committed to ensuring customers are taken care of despite the disruptions [5] Safety and Commendation - Safety remains the top priority for the airline [5] - The airline commends air traffic controllers and TSA agents for their work [5] - Administrator Bedford is acknowledged for addressing the situation proactively [5]

History making moment business days. >> Tesla CEO Elon Musk after shareholders approved a pay package worth up to$1 trillion dollars. Here's a guy who's got a memory.Elon Musk author Walter Isacson. He's a Pearl Weinberg advisor partner advisory partner, professor at Twain, CNBC contributor, friend of the show, and it's great to see you, sir. Nice to see you, Walter.>> Contextualize this for us. >> You know, I think there's a lot of people who are looking at what some people even describe as a split screen. ...

We are getting uh the jobless claims data from the US government despite uh the government shutdown and senior economics reporter Steve Leeman joins us with the data and a look at what all the alternative job numbers are telling us and a very firm conclusion about the the state of the labor market we're going to get from Steve I'm I'm told >> thanks for setting me up there Joe uh that's not going to happen I'll do the best I can uh first let me give you the jobless claims data it's gathered gathered individ ...

Economic Outlook - The discussion revolves around the state of the economy [1] - The strength of the labor market is a key focus [1] - The impact on the Federal Reserve's interest rate outlook is being analyzed [1] Expert Commentary - Roger Ferguson, former Federal Reserve Vice Chairman, provides insights [1] - Saira Malik, Nuveen CIO, shares her perspective [1]

Eric Cantor, Moelis and Company vice chairman and managing director and former House Majority Leader, joins 'Squawk Box' to discuss the ongoing federal government shutdown, when the could be an end in sight, his thoughts on Tuesday's election results, and more. ...

food hall and delivery company Wonder acquiring Spice from Sweet Green. It's the business unit that developed and launched robotic kitchen technology. And joining us right now on the set first on CNBC is Wonderer and CEO Mark Lur.Lori, good morning. >> Hey, good morning. >> So tell us tell us about what's going on.I don't know how many people know what Spice even is. So some >> Yeah, SP Spice has been at this. They started with automated walks up in Boston.It's a team of MIT trained engineers and they've be ...

Operational Impact of Government Shutdown - American Airlines canceled approximately 220 flights out of 6,200, representing about 3% of its total flights [2][3] - The airline is primarily reducing frequencies on routes, such as decreasing flights from Miami to Orlando from nine to eight [4] - The airline anticipates that the level of cancellations will increase over time, potentially becoming problematic [4] - The airline is focused on minimizing the impact on customers, rebooking affected passengers, and ensuring they are informed well in advance [5][6] - The airline emphasizes that safety is the top priority, commending air traffic controllers and TSA agents [6] - Increased cancellations create complexity in managing aircraft parking, crew rerouting, and maintenance schedules [9][10] Customer Impact and Booking Trends - Approximately 10,000 people may need to reschedule their travel plans due to the cancellations [5] - The airline handles approximately 650,000 customers in a given day [6] - The airline acknowledges that the government shutdown is impacting bookings as customers are avoiding hassle [12] Industry Perspective and Economic Impact - The airline industry believes aviation is crucial to the overall economy, with one in every 11 jobs related to travel, tourism, and hospitality [13] - The airline is not taking a political position, advocating for the government to reopen, regardless of party affiliation [18][19] - The airline is concerned about the potential stress on the industry if cancellations reach 10% [14][15]

Centers for Medicare & Medicaid Services Administrator Dr. Mehmet Oz joins 'Squawk Box' to discuss the details of the deal between the White House, Eli Lilly and Novo Nordisk to slash prices of obesity drugs, impact of the government shutdown on health care, fate of the ACA subsidies, and more. ...

Crypto Market Overview - Discusses the state of crypto [1] - Addresses bitcoin price trends [1] - Analyzes recent volatility in the crypto market [1] Company Focus - Features Anthony Pompliano, founder and CEO of Professional Capital Management [1]

Travel Disruption Overview - FAA ordered a 10% reduction of flights across 40 major US airports due to the government shutdown [1] - Approximately 1,800 to 2,000 flights a day could be impacted at these 40 airports [2] - Over 800 flights have already been cancelled [2] Traveler Recommendations - Download the airline's app and enable notifications for updates on cancellations and schedule changes [3] - Plan for off-peak travel, such as leaving on Thanksgiving Day and returning on a weekday, to avoid weekends [3] - Airlines are obligated to provide refunds for cancelled flights, even for non-refundable or basic economy tickets, in the original form of payment [4] - Some major airlines may offer refunds or waive cancellation fees for customers who want to make changes or cancel their travel, even if their flights aren't impacted; check the airline's website for updates [4][5] - Traditional travel insurance may not cover costs related to this disruption unless you have "cancel for any reason" or "interruption for any reason" benefits [5] Travel Insurance Considerations - Travel insurance policies vary, but coverage may apply if the airline classifies the disruption as a "common carrier disruption," typically for mechanical issues [7][8] - The extent of travel insurance coverage is uncertain, but policies with "cancel for any reason" or "interruption for any reason" benefits offer more flexibility [8] Credit Card Benefits - Certain credit cards, like a platinum AMX, may provide access to airport lounges while waiting [9] - Travel insurance coverage may be available through some credit cards, but it's generally recommended to first seek relief from the airline [9][10]