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Nov 6- Credit agency Moody's Investors Service said on Tuesday that superstorm Sandy will slash revenue and earnings at New Jersey's Atlantic City casinos and benefit home repair and discount retailers but will have limited impact on other sectors.
Power has been restored to nearly 80 percent of utility customers in the New York City area who were blacked out by Super Storm Sandy, but a nor’easter loomed and that could set back efforts to return to normal.
Nov 2- Delta Air Lines and JetBlue Airways on Friday said flight cancellations as a result of superstorm Sandy will hurt their fourth-quarter results, denting both revenues and earnings.
*US Airways carries extra fuel on flights as precaution. Nov 2- Delta Air Lines said on Friday that a key revenue measure improved in October, helped by corporate travel and cancellations in the wake of superstorm Sandy.
Nov 2- Delta Air Lines said on Friday that a key revenue measure improved in October, helped by corporate travel and cancellations in the wake of superstorm Sandy.
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.
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.
Companies like environmental cleanup specialist Clean Harbors, building supply chains Home Depot and Lowe's, building products makers Owens Corning and Beacon Roofing and generator manufacturer Generac Holdings 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.
*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.
Airlines said they planned to restart service Tuesday at some East Coast airports, including Boston and Philadelphia.
*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.
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.
Thousands of airline flights to and from the east coast of the United States have been grounded as a result of Hurricane Sandy, which threatens to be one of the worst ever to hit the East Coast.
Superstorm Sandy slammed into the U.S. east coast on Tuesday and hurled a record 14-foot surge of seawater at New York City, flooded the financial district and left 7 million people without power.
Sandy has made landfall along the coast of southern New Jersey. While downgraded to a post-tropical cyclone, it still has sustained winds of 85 mph.
Rob Maruster, COO of JetBlue, offers insight on when JetBlue flights will be back and running. The company has cancelled some 1,300 flights due to the hurricane.