Core Viewpoint - U.S. airlines are expected to experience record passenger volumes during the Thanksgiving travel period, with significant increases in demand and operational capacity anticipated for major carriers [2][4][5]. Industry Overview - The end of the recent government shutdown has alleviated financial stress for federal workers and is expected to lead to increased travel activity [2][3]. - Airlines are preparing for a busy Thanksgiving season, with the Airlines for America (A4A) projecting over 31 million passengers to be transported, marking an all-time high [6][8]. Company Highlights - **United Airlines (UAL)**: - Forecasts 6.6 million passengers between Nov. 20 and Dec. 2, a 4% increase from the previous year [10]. - Earnings estimates have been revised upwards by 5.9% and 4.6% for the current and next year, respectively [10]. - **American Airlines (AAL)**: - Plans to operate 80,759 scheduled flights during the holiday period, the highest among U.S. airlines [11]. - Earnings estimates have been revised upwards by 81.4% and 13.3% for the current and next year, respectively [11]. - **Delta Air Lines (DAL)**: - Earnings estimates have been revised upwards by 6.7% and 3.8% for the current and next year, respectively [12]. - The CEO has assured customers of smooth operations following the government shutdown [13]. Passenger Demand Insights - A4A expects peak travel days to be Nov. 30 and Dec. 1, with over 3 million passengers expected each day [8]. - Airlines are increasing capacity by offering 45,000 more seats daily compared to the previous year [7].