Chris Sununu

Jet fuel has more than doubled in price, right?

And it stayed up there.

Now, the airlines themselves are eating most of that cost.

They will lose $10 to $12 billion this year because they're eating most of it.

And now, again, if we can get the straight open, it's all about the straight of our moves.

If that opens up, you'll see that tick down.

But it is a supply chain issue on the fuel side.

So it will take a little while, right?

They go up fast, they go down slow.

Well, look, I think the airlines handled it amazingly, especially for the first 30 or 40 days.

There were actually very few cancellations at the time, if you remember.

Things slowed down.

There were some delays, but we did get people where they were going, even though there were a lot of air traffic controller call-outs and all that.

I think they did an amazing job there.

When the forced cancellations came in that last week where the government said you have to cancel certain flights, the big challenge there was actually making sure the plane from, let's say, Boston to Kansas City that would later go on to L.A., if you cancel that first leg, there's no actual plane to take people from Kansas City to L.A.

So they were moving crews, they were moving assets, they were moving everything around, and it was a logistic circus, but they did a great job, I think, in terms of making sure it was there.

And that leads us to the holiday, right?

And so it's going to be busy.

It's going to be exciting, but the airlines are ready.

It's been a heavy, heavy year, but they're growing and they're ready to handle the capacity.