NEW YORK-- Delta Air Lines says Superstorm Sandy cut its revenue by $45 million last month as it was forced to cancel more than 3,500 flights. The Atlanta company, the world's second-largest airline after United, said its October profit was reduced by about $20 million.
Nov 1- Major U.S. airlines moved to build up service in the New York area on Thursday, with the number of canceled flights easing as LaGuardia Airport re-opened for business in the wake of Hurricane Sandy.
New Yorkers felt the rumble of subway trains for the first time in four days on Thursday but gasoline shortages persisted in the Northeast and emergency crews struggled to reach the worst-hit areas and restore power to millions of people.
Marion Blakey, Aerospace Industries Association President & CEO, offers insight on the state of U.S. airports and their radar systems.
Companies such as environmental cleanup specialist Clean Harbors Inc, building supply chains Home Depot Inc and Lowe's Cos Inc, building products makers Owens Corning and Beacon Roofing Supply Inc, and generator manufacturer Generac Holdings Inc surged in early trading on the assumption that the recovery from Sandy will take years and boost sales.
Wall Street and two major airports reopened, and National Guardsmen rushed to rescue flood victims as the Northeast limped into recovery mode Wednesday, two days after being pummeled by epic Hurricane Sandy.
CNBC has confirmed that Delta is planning on resuming service to LGA. But Delta and other airlines, can't do so until the port authority and the FAA sign off on LGA being ready to handle flights, reports CNBC's Courtney Reagan.
Northeast recovers from Hurricane Sandy, the following is a list of transportation service updates for New York, New Jersey and the District of Columbia:.
INDIANAPOLIS-- Republic Airways Holdings Inc. said Wednesday that it has worked out changes to its Chautauqua regional airline business that will save it roughly $45 million per year over the next five years. Major airlines such as Delta and United hire regional operators like Republic's Chautauqua to handle flying from smaller cities to their hubs.
*Three major New York area airports still closed. *JFK, Newark to resume limited services Wednesday.
Late Tuesday, Port Authority of New York and New Jersey said it was possible that there would be limited service on Wednesday at John F. Kennedy International Airport. Airlines said they planned to restart service Tuesday at some East Coast airports, including Boston and Philadelphia.
*Philadelphia's 330,000- bpd refinery restarting. *Hess 70,000- bpd NJ refinery, Imperial plant suffer outages.
NEW YORK, Oct 30- The pilots union at American Airlines said on Tuesday that a labor deal could be close if the bankrupt airline is willing to make certain key concessions.
Airlines said they planned to restart service Tuesday at some East Coast airports, including Boston and Philadelphia.
*Union still supports merger with US Airways. NEW YORK, Oct 30- The pilots union at American Airlines said on Tuesday that a labor deal could be close if the bankrupt airline is willing to make certain key concessions.
*JFK, LaGuardia and Newark airports are closed until further notice, according to the Port Authority. *US Airways Group Inc is not operating in New York, Washington, Philadelphia, Boston and several other Northeast airports on Tuesday. *American Airlines has flights scheduled into Richmond, Virginia, several Ohio airports, Pittsburgh and Boston on Tuesday.
As our thoughts remain with all those who have been horribly affected by the devastation that hit the U.S. Eastern seaboard and its aftermath, we are being asked about the implications of Hurricane Sandy for markets
Hurricane Sandy smacked the East Coast then turned into Super Storm Sandy. Now, thousands of travelers are no doubt calling her Pain in the Neck Sandy. This, as some airports start operating as normal again others are a long ways from having a regular schedule.
NEW YORK, Oct 30- The biggest U.S. East Coast refinery in Philadelphia began restoring production after Hurricane Sandy on Tuesday and a smaller nearby plant operated without trouble as energy firms began assessing the storm's damage.
Some airports are slowly coming back online post Superstorm Sandy. Finding an available airline seat will be a challenge for days.