{"id":94691963,"date":"2011-02-08T15:14:00","date_gmt":"2011-02-08T15:14:00","guid":{"rendered":"http:\/\/www.cheapoair.com\/miles-away\/airline-losses-could-top-600-million-this-winter-due-to-snow\/"},"modified":"2011-02-08T15:14:00","modified_gmt":"2011-02-08T15:14:00","slug":"airline-losses-could-top-600-million-this-winter-due-to-snow","status":"publish","type":"post","link":"https:\/\/www.cheapoair.com\/miles-away\/airline-losses-could-top-600-million-this-winter-due-to-snow\/","title":{"rendered":"Airline Losses Could Top $600 Million This Winter Due to Snow"},"content":{"rendered":"<p>\n&nbsp;\n<\/p>\n<div style=\"text-align: center\">\n<img loading=\"lazy\" decoding=\"async\" src=\"\/miles-away\/wp-content\/uploads\/files\/2011\/2\/airportsnowmelt.jpg\" alt=\"Workers use melters to clear snow from the runway (Flickr: \nNfrastructure)\" title=\"Workers use melters to clear snow from the runway (Flickr: \nNfrastructure)\" width=\"450\" height=\"340\" \/>\n<\/div>\n<div style=\"text-align: center\">\n<strong>Nearly constant storms this winter could cost airlines $600 million <\/strong>\n<\/div>\n<p>&nbsp;<\/p>\n<p>\nIn what has been a very active winter, airlines have been forced to cancel thousands of flights across the country due to snow and ice. Those canceled flights may cause steep losses for airlines, to the tune of $600 million.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nNearly 20,000 flights were cancelled just last week after a massive winter storm dumped snow across a large swath of the United States.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nSince November 1, the number of canceled flights nationwide stands at 89,884, according to FlightStats and FlightAware.com. That is the most cancelations of any winter since the government began tracking data in 1987.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nThat number would also put airlines&rsquo; net revenue losses at about $629 million, according to AirlineForecasts LLC, a company that builds financial models for investors.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\nThis is just more bad news for the industry which already faces financial hardship in 2011 due to rising fuel costs.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p>\n<em>Source:&nbsp;  <a rel=\"nofollow\" href=\"http:\/\/www.bloomberg.com\/news\/2011-02-07\/airline-losses-may-top-600-million-on-record-u-s-cancellations.html\" target=\"_blank\"> Bloomberg <\/a><\/em>\n<\/p>\n<p>\n<em>Flickr: <a rel=\"nofollow\" href=\"http:\/\/www.flickr.com\/photos\/infrastructure\/5307766193\/sizes\/l\/in\/photostream\/\" target=\"_blank\">Nfrastructure <\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Nearly constant storms this winter could cost airlines $600 million &nbsp; In what has been a very active winter, airlines have been forced to cancel thousands of flights across the country due to snow and ice. Those canceled flights may cause steep losses for airlines, to the tune of $600 million. &nbsp; Nearly 20,000 [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-94691963","post","type-post","status-publish","format-standard","hentry","category-other"],"_links":{"self":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/94691963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/comments?post=94691963"}],"version-history":[{"count":0,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/94691963\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/media?parent=94691963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/categories?post=94691963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/tags?post=94691963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}