Airlines may have already lost more than $600 million due to snow in this very active winter.
Storms have already forced the most cancelations of any winter since the government began tracking such data in 1987.
Just last week, nearly 20,000 flights were canceled as a massive winter storm dumped snow on major US hubs like Chicago’s O’Hare International.
Since November 1, the number of canceled flights nationwide stands at 89,884, according to FlightStats and FlightAware.com.
That number would put airlines’ net revenue loss at about $629 million, according to AirlineForecasts LLC, a company that builds financial models for investors.
That is not a good way to start the year for an industry already facing financial trouble due to rising fuel costs. Officials and travelers can only hope that the worst of the winter onslaught is over.
Get new posts delivered by email:
Top Travel Deals on RSS
Are Robots the Next Step in Hospitality?Comments: 0Rating: 0 / 0
Hotels are starting to use robots for everything from check-in to room service....read more
3 Ways to Celebrate National Poet’s DayComments: 0Rating: 0 / 0
Enjoy the history and work of some of America's finest wordsmiths!...read more
Celebrating St Stephen’s Day in Hungary!Comments: 0Rating: 0 / 0
It's the biggest day of the year in Budapest!...read more
How To Make Your Airport Visit More RelaxingComments: 0Rating: 0 / 0
These 4 tips can take the stress out of your terminal time!...read more
16 of the Best Bars in BaliComments: 1Rating: 0 / 0
Have a drink at one of these amazing establishments, on a paradise island!...read more
Some of the content posted herein are the views and opinions of the individual blogger's and do not represent the views and opinions of OneTravel. It may be the case that OneTravel is partnering with a particular travel supplier mentioned in a blog post, however, all views and opinions expressed herein by parties other then OneTravel are by the respective bloggers.
© 2015 W K Travel, Inc. All rights reserved. California: CST #2090295-40, Nevada: SOT #2007-0081, Iowa: SOT #883, Washington: SOT #602785938, Florida: SOT #ST38063