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Wednesday
Dec292010

Northeast Blizzard Could Cost Airlines $150 Million

Photo Courtesy -- ABC News(NEW YORK) – The blizzard that shook the Northeast and put a halt to air travel in the region could cost the airline industry close to $150 million, reports USA Today.

Some industry experts, however, say it is too soon to assign a price tag. Analysts predict that cancellations and delays caused by Sunday’s storm could continue for several days as airlines try to rebook and regroup.

According to the Federal Aviation Administration, more than 6,000 flights were cancelled as a result of the storm. Airports in and around New York City were the hardest hit. 

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