Of all the industries that have achieved record profits recently, none have posted more remarkable results than the airline industry. For the first time in a decade, the industry is on a glide path to profitability — but it’s …
More U.S. airline passengers are arriving on time, at least if their flights aren’t canceled. According to a new Department of Transportation report, 50% more U.S. flights were canceled in September compared to a year ago, but …
Delayed flights cost the U.S. economy a total of $32.9 billion every year, according to a new study of domestic flights.
More than half that figure is money out of the pockets of passengers, who are forced to spend money on items including food and hotel rooms while they wait for their plane, according to a report commissioned by the Federal Aviation Administration.
Airlines lose…
Continue reading Delayed Flights Cost U.S. Economy $32.9 Billion a Year
Delayed Flights Cost U.S. Economy $32.9 Billion a Year originally appeared on DailyFinance on Tue, 19 Oct 2010 07:16:00.
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