Travel Industry …

According to Bloomberg, Travel Industry on Edge as U.S. Visa Policy Upends Flight Plans – According to CNBC, Airlines laying off 12,000 employees worldwide.  Also, cites full ground stop at JFK because of detrimental weather.

Airline Equities Topping Out:

LUV – Up 26.6% YTD

UAL – Up 23.3% YTD

More speculatively, ALK Up 50%, however there may be currency issues swallowing Virgin Atlantic because of the inflated Pound and the declining dollar.

LEA – Corporate budgets will be slashed for extraneous expenses and force their staff to take coach on regular airlines.

Dichotomy – EXPE down today despite airlines up.

Sponsored by Murrays Travel.

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