Friday, November 9, 2012

United says Sandy cut Oct. revenue by $90 million

(AP) ? United Airlines says Superstorm Sandy cut its October revenue by about $90 million as it was forced to cancel almost 5,300 flights.

That's nearly an entire day's worth of United's schedule lost. It runs about 5,500 flights a day throughout the world.

United, the world's largest airline, said late Wednesday that the storm that came aground in the New York area 10 days ago shaved about $35 million off its profit in October.

But the hurricane-winter storm hybrid boosted its per-passenger revenue by about 1 percent. That's because some stranded travelers were stuffed onto other flights, allowing the airline to improve efficiency.

Delta said last week that Sandy cut its October revenue by $45 million and profit by $20 million.

United parent United Continental Holdings Inc. is based in Chicago.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-11-08-Superstorm-United-Traffic/id-67e157f448ee44c7b09bf4f913b29bbe

wilt chamberlain joe arpaio cat in the hat green eggs and ham wiz khalifa and amber rose oh the places you ll go blunt amendment

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.