Short the airlines

These new TSA rules are absolutely ludicrous. In particular, the one about security screens at the gates. This, my friends, if not temporary will be one more large nail in the coffin of commercial air travel.

Here’s the problem: Having a second security screening at the airport will inevitably lead to flight delays. Flight delays translate to lost dollars and missed connections (which are even more lost dollars).

What about screening earlier? That would require earlier boarding. Earlier boarding means bringing planes in earlier and having them sit in tarmacs longer, which translates to a huge bump in expenditures and the inability to operate as many flights in a day.

And all of this doesn’t even include the loss of patience of passengers and their inevitable development of hatred of going through all of this just to fly.

If this is not a temporary measure, it will surely lead to one thing: decline in revenues for airlines and many bankruptcies. Short the airlines.

Al Qaeda must have been taken over by Greenpeace.

(Strict new rules in place for U.S.-bound air travellers via The Globe and Mail)

Edit: Looks like the rules only apply for flights coming into the US, not within. It will still discourage inbound tourism, though.

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