AAA’s prediction for 54.6 million Thanksgiving weekend travelers would push travel in the United States to 98 percent of pre-pandemic volume. But it may not be enough to reserve airport parking spaces beforehand or allocate extra time for TSA lines.
Essential West Coast ports will soon be operating around-the-clock and the U.S. government is pledging further efforts to try to alleviate the supply chain backlog. Maryland Smith’s Martin Dresner says federal government involvement can have a bigger and more long-term impact — through infrastructure spending.
Not to stress you out, but if you haven’t started your holiday shopping yet, you’re way behind. Thanks to manufacturing holdups, shipping delays and labor shortages throughout the supply chain, it’s going to take longer – and cost more – for retailers and consumers to get the items they want this year. The best way to tackle this year’s Christmas list is to shop as early as possible, and with an open mind and an open wallet, say Maryland Smith experts.
The COVID-19 pandemic brought the global air industry to virtual standstill in March 2020, delivering a $370-billion “staggering financial loss to the industry,” according to the International Civil Aviation Organization (ICAO). Seating capacity dropped – by half. The total of passengers taking flights fell even further, to 1.8 billion in 2020, from 4.5 billion in 2019.
A study of the world’s top researchers identifies 18 from the University of Maryland’s Robert H. Smith School of Business in the top 2% of the most-cited scholars and scientists worldwide.
Martin Dresner, professor at the University of Maryland’s Robert H. Smith School of Business, delivered the keynote speech at the Conference on Air Transport, Regional Development and Policy. The conference took place in February 2017 at the University of Bergamo in Italy. Dresner presented “Gains (And Losses) Through Connectivity,” which explored how market entry is affecting the U.S. airline industry.
SMITH BRAIN TRUST — Air passengers are poised for improved baggage handling as a result of a broader set of forthcoming rule changes announced by the White House Tuesday night on behalf of the U.S. Department of Transportation.