Here we go!! Literally! A CNBC story earlier this week quotes Transportation Safety Administration (TSA) officials: "Screenings at U.S. airports topped 2 million people a day on Friday and Sunday.” This surge in travel demand has “buoyed airlines, hotel rates, and car rental prices.” Read more >
It’s difficult to overstate just how much the COVID-19 pandemic has devastated airlines....Unlike the 2008 global financial crisis, which was purely economic and weakened spending power, COVID-19 has changed consumer behavior—and the airline sector—irrevocably. Five fundamental shifts in the aviation industry:
Leisure trips will fuel the recovery
Staggering debt levels will lead to ticket price increases and a larger role for government in the sector
We will see a greater disparity of performance among airlines in the future
Aircraft markets may be oversupplied for some time to come
This week the main event in Dover was the passage of SB15, increasing Delaware’s minimum wage to $15 by 2025. Of the nine amendments attached to the bill, none passed. The bill now goes on to the Governor for signature. Read more >
PROMOTE DIVERSITY
ACROSS ALL LEVELS OF BUSINESS
JUNETEENTH IS A TIME OF REFLECTION & CONVERSATION
Consider supporting Black-owned businesses, listening to Black
artists, reading books written by
Black poets and authors, and
donating to organizations.
EMBRACE DIVERSITY AS A STRENGTH DURING PRIDE MONTH
From barbershop to boardroom—the Honorable Joshua W. Martin, III has an extensive career in Delaware as a leader in the business, nonprofit, and legal communities. In 2019, Josh and his wife, Cynthia, were honored by the State Chamber with the state's highest business honor, the Josiah Marvel Cup. Hear his leadership story... Register >
DSCC RECEIVES NATIONAL HONORS
SUPERSTARS IN BUSINESS WINS BEST MARKETING CAMPAIGN
The results of the National Federation of Press Women's Communications Contest were released last week with the State Chamber receiving a first, second, and two honorable mention awards. Read more >
