Southwest Airlines Puts Storm Revenue Loss at $15M
March 11, 2010 | Airline Flight, Southwest Airlines, US Airways
Southwest Airlines Co. says that winter storms along the East Coast last month cost it $15 million in lost passenger revenue.
Southwest’s estimate on Friday came after two other airlines said earlier this week that the poor weather cost them about $55 million in lost revenue.
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US Airways, Delta Lead Traffic Decline on Storm Cancellations
March 11, 2010 | Airline Flight, Airline Service, US Airways
US Airways Group Inc. and Delta Air Lines Inc. led the six largest U.S. carriers to a 1.7 percent drop in February traffic as storms caused thousands of flight cancellations.
US Airways had the widest traffic decline at 4.7 percent, and said the storms reduced its revenue by about $30 million last month. UAL Corp.’s United Airlines said yesterday its traffic slid 0.5 percent in that time, and that the storms lowered revenue by $40 million.
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