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Major airline are canceling flights in and out of the New York area ahead of a major winter...

Major airline are canceling flights in and out of the New York area ahead of a major winter storm bearing down on the region. Over a thousand flights scheduled for today and tomorrow have already been cancelled. The bigger issue: On the heels of Hurricane Sandy, a second storm will further disrupt the Q4 profitability of major carriers - although some industry loss estimates came in too high. Wolfe Trahan pegs the number at $190M with some sales made back up on rescheduled trips - instead of the +$500M loss projection getting bandied around last week.
Comments (3)
  • $400-500 revenue loss (US and foreign carriers) versus $200-250 earnings loss....
    7 Nov 2012, 08:13 AM Reply Like
  • FoxBusiness carried this story. I went to flightstats. It looks like only a few flights cancelled, mostly by AA and UA, and no JetBlue.. This week flights to NYC are generally 1/3 full, flights get cancelled a lot in those kinds of situations!
    7 Nov 2012, 10:40 AM Reply Like
  • Cancellations: 1,900 for Athena versus 21,000 for Sandy
    8 Nov 2012, 08:55 AM Reply Like
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