U.S. airlines face a summer nightmare with delays and pilot shortages

Traveling this summer? Arrive much earlier — or don’t arrive at all. Over 2,800 flights were canceled during the Memorial Day weekend — a taste of the upcoming summer travel season.
What’s the big deal? U.S. airlines are struggling with many issues, including a lack of international travelers, pilots and long airport lines causing flight disruption.
With summer approaching and expectations of strong domestic travel, Cowen Analyst Helane Becker is concerned about airlines’ ability to handle demand (NPR).
International travelers wanted: In mid-May, domestic travel was within seven percentage points below their pre-COVID levels, while international travel was 14% away, per CNN.
In the U.S., foreign nationals are required to be vaccinated, and most international travelers must show a negative COVID test.
Investors: U.S. Global Jets ETF is down 5% this year despite a strong recovery in domestic travel. High demand is good, except when airlines can’t handle that demand.
Steep oil prices, a labor shortage and a lack of international travel recovery have kept airlines from flying back to their previous heights.