Sky Talk

Monday Midday Must-Reads

-Bloomberg News reports that airline and transport stocks in Europe slumped on Monday from concerns that the terrorist attacks in Paris and the crash of a Russian jetliner in Egypt could have a long-term impact on tourism and business travel. “Hotels, restaurants, travel agencies as well as other companies in the tourist industry will see a drop in demand, in France but also in other countries targeted by Islamic State,” John Plassard, a senior equity-sales trader at Mirabaud in Geneva, told the wire service.

-Forbes contributor Ted Reed takes a look at the pros and cons of the Justice Department’s suit to stop the Newark slot deal between United Airlines and Delta Air Lines. The suit was filed last week and would block United’s lease of 24 slots at Newark Airport from Delta.

-More laser strikes are being reported each year even as federal authorities enact tougher penalties on people who are caught shining the laser pointers at incoming aircraft at U.S. Airports, according to USA Today. Through Oct. 16, the Federal Aviation Administration recorded 5,352 laser strikes, up from 2,837 in 2010.

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