Tuesday, February 15, 2011

Business within the Airlines

http://www.nytimes.com/2011/02/15/business/15cancel.html?_r=1&ref=business
Everyone is counting down the days until warmer temperatures become the norm again; when we will get to wear our sandals, shorts and t-shirts on a sunny day.  
Although, due to the freezing weather, "This has been a terrible winter for flying."About 86,000 flights from Nov. 1 through Feb. 11 were canceled at the top 200 airports, according to Flightstats.com, putting this winter on track as one of the most difficult to navigate.  Mr. Herbst, an independent airline analyst who is also a retired commercial pilot, estimated that the storms would shave $100 million in earnings for the airlines, which remains a manageable amount, given that the flights canceled accounted for about 4 percent of all scheduled flights.

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