Winter storms cost some airlines $25M or more in revenue

03/3/2010 | Chicago Tribune (tiered subscription model) · MSNBC · Airwise

With its Newark hub shut down twice in February by back-to-back storms, Continental Airlines reported $25 million in lost revenue attributable to the severe weather. But the storms also boosted revenue per available seat mile by about 1 percentage point, the company said, and the already slow winter travel period helped to keep revenue declines in check. Meanwhile, US Airways reported Wednesday that the East Coast winter storms in February cost it $30 million in lost sales.

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Chicago Tribune (tiered subscription model) · MSNBC · Airwise

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