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Saturday, December 1, 2012

Airlines begin assessing financial impact of Hurricane Sandy

Delta Air Lines (DL) said it canceled flights due to Hurricane Sandy, which hit the US northeast early this week, will negatively impact their October revenues by $45 million and decrease October profit by $20 million.
The more than 3,500 canceled DL flights in October caused a 2% system capacity reduction year-over-year for the carrier. But DL said it expects a lesser impact to its November operational results.
JetBlue Airlines canceled a total of 1,700 flights because of the storm, while Southwest Airlines canceled 1,365; AirTran canceled 403; United Airlines canceled 5,600; and US Airways canceled nearly 4,200. The carriers told ATW it was too early to know the financial impact.
Flight tracker service FlightStats.com reported the hurricane caused a total 20,055 flight cancelations for North America. Most of these were made well in advance as Sandy’s path became clear and airlines began stopping flights into the region from Sunday, Oct. 26.
The majority of cancellations were on Monday (7,977) followed by Tuesday (6,563).
Delta reported Friday that its New York Kennedy, New York LaGuardia and New York Newark operations were back to full status.

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