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NoneDrivers and airline passengers without reindeer and sleighs better make a dash for it: it’s beginning to look like another record for holiday travel in the U.S. The auto club AAA predicts that more than 119 million people will travel at least 50 miles from home between Saturday and New Year’s Day, which would top the previous holiday-season high set in 2019. The two weekends on either side of Christmas look to be some of the most crowded times on the road and at airports. Trade group Airlines for America also foresees record travel, saying it expected U.S. airlines to carry 54 million passengers during a 19-day period that started Thursday and ends Monday, Jan. 6. The number would represent a 6% increase over last year. A government shutdown that could start as soon as Saturday would likely be too close to the holidays to immediately affect flights and airport operations , but that might change if a shutdown dragged on. What will be the busiest travel days? Airlines expect to have their busiest days on Friday and Sunday, and on Dec. 26, Dec. 27, and Dec. 29. Flight traffic is expected to be light on both Christmas Day and New Year’s Day. The slowest U.S. air travel day this year — by a wide margin — was Thanksgiving Day. The Transportation Security Administration expects to screen 40 million passengers over the holidays and through January 2. About 90% of Americans traveling far from home over the holidays will be in cars, according to AAA. “Airline travel is just really high right now, but most people do drive to their destinations, and that is true for every holiday,” AAA spokesperson Aixa Diaz said. Gasoline prices are similar to last year. The nationwide average Thursday was $3.05 a gallon, down from $3.08 a year ago, according to AAA. Charging an electric vehicle averages just under 35 cents per kilowatt hour, but varies by state. Transportation data firm INRIX says travel times on the nation’s highways could be up to 30% longer than normal over the holidays, with Sunday expected to see the heaviest traffic. Boston, New York City, Seattle, and Washington, D.C., are the metropolitan areas primed for the greatest delays, according to the company. Weather and other wildcards Because the holiday travel period lasts weeks, airports and airlines typically have smaller peak days than they do during the rush around Thanksgiving, but the grind of one hectic day followed by another takes a toll on flight crews. And any hiccups — a winter storm or a computer outage — can snowball into massive disruptions. That is how Southwest Airlines stranded 2 million travelers in December 2022, and Delta Air Lines suffered a smaller but significant meltdown after a worldwide technology outage in July caused by a faulty software update from cybersecurity company CrowdStrike. Many flights during the holidays are sold out, which makes cancellations even more disruptive than during slower periods. That is especially true for smaller budget airlines that have fewer flights and fewer options for rebooking passengers. Only the largest airlines, including American, Delta, and United, have “interline agreements” that let them put stranded customers on another carrier’s flights. This will be the first holiday season since a Transportation Department rule took effect that requires airlines to give customers an automatic cash refund for a canceled or significantly delayed flight. Most air travelers were already eligible for refunds, but they often had to request them. Passengers still can ask to get rebooked, which is often a better option than a refund during peak travel periods. That’s because finding a last-minute flight on another airline yourself tends to be very expensive. “When they rebook you, they will pay for the fare difference. If my flight to visit grandma that I booked six months ago for $200 gets canceled, and I turn around and book a flight four hours from now for $400, I have to pay that difference,” said Sally French, a travel expert at consumer-affairs company Nerdwallet. People traveling on budget airlines with fewer flights and no partnerships with other carriers may face a difficult choice in the event of a canceled flight. “They will put you on the next outgoing Spirit or Frontier flight, but that could be a while from now. Sometimes waiting three days for that next flight is not going to work for you,” and paying more to rebook on a big airline might be worthwhile, French said. Some airlines are taking advantage of a provision in the new Transportation Department rule that defines a significant delay as three hours for a domestic flight and six hours for an international flight. According to Brett Snyder, who runs the Cranky Flyer website, airlines that previously issued refunds for shorter delays — Delta, United, and JetBlue, for example — are now using the government standard. Delayed flights increase the risk that bags will get lost. Passengers who get separated from their bags should report it to the airline and ask what the airline will cover. Links to the customer-service plans of major U.S. airlines are at the bottom of this page . Would a government shutdown affect flights and airports? A government shutdown could occur if Congress doesn’t pass a funding bill with a midnight Friday deadline. Most TSA workers at airports, air traffic controllers, and customs agents are considered essential and would be required to work without pay in the event of a shutdown. More uncompensated workers might call out sick the longer a shutdown lasts, which could lead to longer security lines and other delays. That appeared to be the case several weeks into a government shutdown that started in December 2019. “While our personnel have prepared to handle high volumes of travelers and ensure safe travel, an extended shutdown could mean longer wait times at airports,” TSA spokesman Carter Langston said in a statement. AAA advises travelers to “continue with their holiday plans, even if the shutdown materializes,” spokesperson Diaz said. “Airport operations will continue as normal, but perhaps run a bit slower than usual, so travelers should be aware of that.” Planning ahead for 2025 Airline fares were up 4.7% in November, compared with a year earlier, according to U.S. government figures. But early 2025 is a good time to start planning next year’s trips, including spring breaks and summer vacations. “Because travel is so popular, you’re not going to find anything that feels very rock-bottom, but January and February are great times to plan for March, April, and May,” Laura Motta, an editor at travel-guide publisher Lonely Planet, said. “If you want to go to Paris in the spring, you need to be thinking about that in January.”

Cryptocurrencies such as bitcoin will help drive modernisation of Australia’s financial system, Treasurer Jim Chalmers has declared while revealing the re-election of Donald Trump has already forced a rethink of the emerging sector’s importance. Chalmers said while there were legitimate concerns such as the use of crypto by criminal elements, the possible advantages from the creation of new investment opportunities should not be curtailed by overzealous regulation. Cryptocurrencies such as bitcoin have attracted even more interest since the re-election of Donald Trump. Credit: Bloomberg Cryptocurrencies, which encompass digital currencies that are effectively policed by investors rather than authorities such as governments or central banks, were already one of the world’s fastest-growing investment opportunities before Trump’s election victory in November. Trump has promised to be a “crypto president” by loosening regulation around products, creating a stockpile of bitcoin – the value of which has surged by a third since November – and making it easier for crypto investors to gain access to traditional banking systems. In Australia, broad investment in cryptocurrencies is still well short of traditional sectors such as equities and property, but there is growing interest, particularly among younger people. Loading Chalmers said he believed crypto, and the infrastructure surrounding it, could be a key feature of an improved financial system. “I think crypto has a role to play, and it’s part of modernising and innovating in our financial system,” he said. “We need to make sure there are appropriate protections and guard-rails, but we need to make sure we don’t overdo that and stomp on part of the industry which, I think, will be important in the industry.” Last month, RBA governor Michele Bullock, who previously headed up the bank’s payments arm, was less bullish than Chalmers about cryptocurrency and said she didn’t see a role for it in the economy. “I don’t really see a role for it in, certainly in the Australian economy or payments system,” she said. Governments, central banks and policymakers around the world are watching Trump’s policy agenda with particular interest, given he has promised to impose wide-scale tariffs , deport millions of undocumented workers and possibly intervene in official interest rate settings . Chalmers said Trump’s approach to crypto was also uppermost in the government’s mind. “Of the list of changes in policy emphasis we expect from the incoming Trump administration, this is one of the ones we’ve spent a lot of time thinking about,” he said. “We think about trade and tariffs, we think about financial regulation, we think about deregulation more broadly. We think about the energy transformation, and we think about crypto.” The government is planning to introduce legislation next year that would create licensing arrangements for businesses that offer digital assets such as crypto and stablecoin – a type of cryptocurrency pegged to the value of another currency or commodity. The licensing is in part due to growing crypto-related scams that were estimated last year to have cost Australians about $180 million in losses. AUSTRAC this month warned that it believed specialist crypto ATMs were being used by criminal organisations in South-East Asia to launder the money of Australian-based criminals. Treasurer Jim Chalmers believes cryptocurrencies will drive modernisation and innovation across the nation’s financial system. Credit: Alex Ellinghausen Chalmers said regulations around crypto had to balance security issues for potential investors in the asset class against being overly onerous. “Our interest here is to recognise it’s legitimate, it’s important, it’s growing,” he said. “We need to make sure that people are protected, but we don’t want to overdo it in a way that stifles an industry we believe in. “Obviously, the multinational crime element of it is something people are focused on with good reason, but I think we would be doing ourselves a disservice if we overfocused on the downside and didn’t sufficiently focus on the upside.” One of the downsides is the use of crypto by criminals attracted to the way its underlying technology makes it difficult to track major financial transactions. In some cases, criminals have demanded ransom payments in crypto. Loading This masthead can also reveal that cryptocurrency assets are increasingly being seized by the Australian Federal Police as part of their inquiries. Between July and November this year, the AFP had collected more than $20 million worth of crypto. Over the same period, more than $28 million in cash was seized by the AFP’s criminal asset confiscation taskforce. All seized cash goes into an account used for community safety programs. The AFP has collected $62 million in crypto since the middle of 2019. The value of that crypto may be growing. Once the AFP collects it, the agency does not track the ongoing value of the crypto (which is managed by the Australian Financial Security Authority). Since July 1 this year, the value of bitcoin has soared from $US63,352 to $US97,742. As recently as December 17, bitcoin had reached $US106,470. Cut through the noise of federal politics with news, views and expert analysis. Subscribers can sign up to our weekly Inside Politics newsletter . Save Log in , register or subscribe to save articles for later. License this article Cryptocurrencies Jim Chalmers AFP Crime Shane Wright – Shane is a senior economics correspondent for The Age and The Sydney Morning Herald. Connect via Twitter or email . Most Viewed in Politics Loading

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Yet another stowaway managed to board a major airline’s plane – renewing serious questions and concerns about airport safety during the busiest travel season of the year. This time, a stowaway tried to hitch a ride on Delta Air Lines Flight 487 at Seattle-Tacoma International Airport on Christmas Eve. The unticketed passenger was discovered while the plane was still taxiing out for takeoff to Honolulu, Delta Air Lines told CNN. The Transportation Security Administration and the Port of Seattle confirmed the incident to CNN. The incident came less than a month after another stowaway boarded a Delta airplane Thanksgiving week. That unticketed passenger made it all the way from New York’s John F. Kennedy International Airport to Paris before she was eventually arrested . Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024, in Seattle, Washington. Kent Nishimura/Getty Images/File via CNN Newsource And on Christmas Eve, a body was found in a wheel well of a United Airlines plane shortly after it traveled from Chicago’s O’Hare International Airport and landed in Maui. Hiding in a plane’s wheel well is the most common method used by stowaways , the Federal Aviation Administration said. Stowaways often get crushed when the landing gear retracts, and oxygen levels plummet as a plane reaches higher altitudes. In the Seattle incident, the stowaway went through a TSA security checkpoint the evening before the flight but wasn’t holding a boarding pass, an airport spokesperson told CNN. The next day, the person “gained access to the loading bridge without a scanned ticket at the gate,” airport media relations manager Perry Cooper said. Once the person was discovered, the Airbus A321neo returned to the gate to remove the unticketed passenger, Delta said. Port of Seattle police officers were dispatched to gate B1 at the airport around 1:05 p.m. for “a report of a suspicious circumstance” on the Delta flight. The person “ran out” of the aircraft before officers arrived, Cooper told CNN Friday. “The aircraft returned to the terminal and the subject departed the aircraft,” the Port of Seattle said. “With the help of video surveillance, POSPD were able to locate the subject in a terminal restroom. The subject was arrested for criminal trespass.” The unticketed passenger didn’t have any prohibited items, the TSA told CNN. “The aircraft was swept by K9 as well as all areas in the terminal accessed by the subject,” the Port of Seattle said. “The aircraft was deplaned and all passengers were escorted by TSA to return to the security checkpoint for rescreening.” CNN has reached out to the Port of Seattle for additional comment. Delta said the flight was delayed by two hours and 15 minutes. After the rescreening, it continued to Honolulu at 3 p.m. “As there are no matters more important than safety and security, Delta people followed procedures to have an unticketed passenger removed from the flight and then apprehended,” the Atlanta-based airline said in a statement. “We apologize to our customers for the delay in their travels and thank them for their patience and cooperation.” TSA said it “takes any incidents that occur at any of our checkpoints nationwide seriously. TSA will independently review the circumstances of this incident at our travel document checker station at Seattle/Tacoma International.” How the person got through airport security is a question many want answered. There are a number of factors at play, according to former commercial airline pilot and aviation analyst, John Nance. “There are multiple causes that come into this, and they probably involve not only a bit of lackadaisical inattention,” Nance told CNN affiliate KING . “It may be training, it may be compliance, but it’s probably all of that.” It’s “embarrassing” for this situation to happen twice to the same airline and TSA, according to former Department of Homeland Security official Keith Jeffries, who was federal security director when he left the DHS in 2022. In his 20 years working with DHS and the TSA, Jeffries said he’s seen these situations multiple times. “It has happened before. It will happen again until they continue to strengthen that vulnerability,” Jeffries said. “The fact that it happened to the same airline, of course, couldn’t be more embarrassing, especially back-to-back, and during the holiday season, when there’s an extra alertness associated with the large holiday season,” Jeffries added. During the holidays, Jeffries explained, there’s typically more staffing at the airports being “extra vigilant.” TSA, airlines and airports have even more people present to ensure things like this don’t fall through the cracks, making these cases “even more concerning,” he said. If there is a “silver lining,” Jeffries said, it’s that Delta did catch the stowaway during the taxi, and they didn’t make it to Hawaii. The stowaway also didn’t have prohibited items when scanned through TSA, which is another plus, he said. “Everybody’s going to have to work together; TSA and the airlines on how they can strengthen both of those vulnerabilities, and in some cases, even work with the airport,” he said. Congress will likely scrutinize these incidents, Nance added. “But there will be no one paying more attention than the airlines themselves,” he said. ___ CNN’s Holly Yan, Pete Muntean, Amanda Musa and Nicole Chavez contributed to this report. Elise Mertens, of Belgium, serves against Naomi Osaka, of Japan, at the BNP Paribas Open tennis tournament, on March 11, 2024, in Indian Wells, Calif. (AP Photo/Mark J. Terrill) Mark J. Terrill Fans interfere with a foul ball caught by Los Angeles Dodgers right fielder Mookie Betts during the first inning in Game 4 of the baseball World Series against the New York Yankees, on Oct. 29, 2024, in New York. 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(AP Photo/Marco di Marco) Marco di Marco Actors make final adjustments to their costumes before the start of Ramleela, a dramatic folk re-enactment of the life of Rama according to the ancient Hindu epic Ramayana, in New Delhi, India, on Oct. 5, 2024. (AP Photo/Manish Swarup) Manish Swarup Muslim pilgrims circumambulate the Kaaba, the cubic building at the Grand Mosque, during the annual Hajj pilgrimage in Mecca, Saudi Arabia, on June 11, 2024. (AP Photo/Rafiq Maqbool) Rafiq Maqbool Christophe Chavilinga, 90, suffering from mpox, waits for treatment at a clinic in Munigi, eastern Congo, on Aug. 16, 2024. (AP Photo/Moses Sawasawa) Moses Sawasawa A fisherman carries his catch of the day to market in Manta, Ecuador, on Sept. 24, 2024. (AP Photo/Dolores Ochoa) Dolores Ochoa Ultra-Orthodox Jews look at part of an intercepted ballistic missile that fell in the desert near the city of Arad, Israel, on April 28, 2024. (AP Photo/ Ohad Zwigenberg) Ohad Zwigenberg Margarita Salazar, 82, wipes sweat from her forehead in her home during an extreme heat wave in Veracruz, Mexico, on June 16, 2024. (AP Photo/Felix Marquez) Felix Marquez People drive along a road littered with fallen power lines after the passing of Hurricane Rafael in San Antonio de los Banos, Cuba, on Nov. 7, 2024. (AP Photo/Ramon Espinosa) Ramon Espinosa Palestinian activist Khairi Hanoon walks with the Palestinian flag on a damaged road following an Israeli army raid in Tulkarem, West Bank, on Sept. 3, 2024. (AP Photo/Majdi Mohammed) Majdi Mohammed A polar bear and a cub search for scraps in a large pile of bowhead whale bones left from the village's subsistence hunting at the end of an unused airstrip near the village of Kaktovik, Alaska, on Oct. 15, 2024. (AP Photo/Lindsey Wasson) Lindsey Wasson Vero Almarche, right, hugs her neighbor Maria Munoz, who was born in the house where they are photographed and which was destroyed by flooding in Masanasa, Valencia, Spain, on Nov. 6, 2024. (AP Photo/Emilio Morenatti) Emilio Morenatti First-graders attend the traditional ceremony for the first day of school in Zaporizhzhia, Ukraine, on Sept. 1, 2024. (AP Photo/Evgeniy Maloletka) Evgeniy Maloletka An adult periodical cicada sheds its nymphal skin on May 11, 2024, in Cincinnati. There are two large compound eyes, which are used to visually perceive the world around them, and three small, jewel-like, simple eyes called ocelli at center. (AP Photo/Carolyn Kaster) Carolyn Kaster Assistants react as members of "Castellers de Vilafranca" try to form a "Castell" or human tower, during the 29th Human Tower Competition in Tarragona, Spain, on Oct. 6, 2024. (AP Photo/Emilio Morenatti) Emilio Morenatti With tears streaming down her face, a supporter of Democratic presidential nominee Vice President Kamala Harris applauds as Harris delivers a concession speech on Nov. 6, 2024, after losing the 2024 presidential election, on the campus of Howard University in Washington. (AP Photo/Jacquelyn Martin) Jacquelyn Martin Passengers in the back of a taxi film themselves as they leave the Eiffel Tower, decorated with the Olympic rings ahead of the 2024 Summer Olympics, in Paris, on July 17, 2024. (AP Photo/David Goldman) David Goldman Supporters of Republican presidential candidate former President Donald Trump hold signs as Democratic presidential nominee Vice President Kamala Harris passes by on her bus en route to a campaign stop at the Primanti Bros. restaurant in Pittsburgh, on Aug. 18, 2024. (AP Photo/Julia Demaree Nikhinson) Julia Demaree Nikhinson Debris is visible through the window of a damaged home following severe storms in Lakeview, Ohio, on March 15, 2024. (AP Photo/Joshua A. Bickel) Joshua A. Bickel Monuwara Begum and another woman return from a polling station across the Brahmaputra river on the eve of the second phase of India's national election in Sandahkhaiti, a floating island village in the Brahmaputra River in Assam, India, on April 25, 2024. (AP Photo/Anupam Nath) Anupam Nath Yulia Navalnaya, center, widow of Alexey Navalny, stands in a queue with other voters at a polling station near the Russian embassy in Berlin on March 17, 2024. (AP Photo/Ebrahim Noroozi) Ebrahim Noroozi A mother coaxes her daughter into trying a spoonful of rice at a school turned into a makeshift shelter for people displaced by gang violence, in Port-au-Prince, Haiti, on May 8, 2024. (AP Photo/Ramon Espinosa) Ramon Espinosa A man sits inside a concrete pipe meant for municipal use after his shelter was swept away by the flooding Bagmati River in Kathmandu, Nepal, on Oct. 1, 2024. (AP Photo/Niranjan Shrestha) Niranjan Shrestha A cosplayer dressed as Deadpool attends a Comic-Con convention in Panama City on Sept. 1, 2024. (AP Photo/Matias Delacroix) Matias Delacroix A person carrying a handgun and a sign depicting Republican presidential candidate former President Donald Trump stands outside the Republican National Convention in Milwaukee on July 18, 2024. (AP Photo/Jae C. Hong) Jae C. Hong Atmaram, who goes by one name and was found living on the street a day earlier, eats breakfast at Saint Hardyal Educational and Orphans Welfare Society, a home for the aged and unwanted, on April 12, 2024, in New Delhi, India. (AP Photo/David Goldman) David Goldman Buildings cover Gardi Sugdub Island, part of San Blas archipelago off Panama's Caribbean coast, on May 25, 2024. Due to rising sea levels, about 300 Guna Indigenous families are relocating to new homes, built by the government, on the mainland. (AP Photo/Matias Delacroix) Matias Delacroix Two men in Russian Cossack uniforms pose for a selfie with the Historical Museum in the background after visiting the mausoleum of the Soviet founder Vladimir Lenin, marking the 154th anniversary of his birth, in Moscow's Red Square, on April 22, 2024. (AP Photo/Alexander Zemlianichenko) Alexander Zemlianichenko Ama Pipe, from Britain, center, receives the baton from teammate Lina Nielsen in a women's 4 X 400 meters relay heat during the World Athletics Indoor Championships at the Emirates Arena in Glasgow, Scotland, on March 3, 2024. (AP Photo/Bernat Armangue) Bernat Armangue Wearing a device that measures his energy consumption, Israel Amputee Football Team player Ben Maman, left, fights for the ball with a young soccer player from a local team during a practice session in Ramat Gan, Israel, on April 11, 2024. (AP Photo/Leo Correa) Leo CorreaStock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000Gaetz withdraws as Trump's pick for attorney general, averting confirmation battle in the Senate

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Incyte Announces Updated Presentation Time for Upcoming Investor Conference