Amid tariffs, US-Canada flight bookings have tumbled 76%

76%

The tariff back-and-forth between the US and Canada has tanked air travel between the two countries. According to aviation analytics firm OAG, cross-border passenger bookings for US-Canada flights between April and September are down between 71% and 76% from last year.

Peak travel season, July through August, is seeing the biggest drop. In all, airlines have shed about 320,000 ticketed US-Canada seats through October. Shares of the big four airlines — Delta Air Lines, American Airlines, United Airlines, and Southwest Airlines — are all down Thursday.

More than 20 million Canadians visited the US last year, the top source of international visitors. Tariffs could hurt the Canadian dollar and make travel to the US more expensive for Canadians — and a 10% decline in Canadian travel could result in $2.1 billion in lost spending, according to the US Travel Association.

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Delta says the government shutdown will cost it $200 million in Q4

The 43-day government shutdown that ended last month will result in a $200 million ding for Delta Air Lines, the airline said in a filing on Wednesday.

That’s about $100,000 per shutdown-related canceled flight. (Delta previously said it canceled more than 2,000 flights due to FAA flight reductions.) When the company reports its fourth-quarter earnings, the shutdown will lop off about $0.25 per share.

Delta initially stayed calm about the shutdown, with CEO Ed Bastian stating in early October that the company was running smoothly and hadn’t seen any impacts at all. One historically long shutdown later, Delta wasn’t able to remain untouched.

The skies have since cleared, though, and Delta’s filing states that booking growth has “returned to initial expectations following a temporary softening in November.”

Delta’s shares were up over 2% as of Wednesday’s market open.

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The skies have since cleared, though, and Delta’s filing states that booking growth has “returned to initial expectations following a temporary softening in November.”

Delta’s shares were up over 2% as of Wednesday’s market open.

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