Flight cancellations ease after rocky start to Memorial Day weekend

Flight cancellations ease after rocky start to Memorial Day weekend


A Delta Airlines commercial aircraft approaches to land at John Wayne Airport in Santa Ana, California January 18, 2022.

Mike Blake | Reuters

Flight disruptions continued Sunday but eased from the rocky start to Memorial Day weekend, a test for carriers as they gear up for a busy summer travel season after more than two years of the Covid pandemic.

Delta Air Lines led cancellations, disruptions it attributed to bad weather and “air traffic control actions” on Saturday. Hundreds of flights operated by Republic Airways, United Airlines, JetBlue Airways and American Airlines were also delayed Saturday.

Delta canceled 254 mainline flights, or 9% of its Saturday schedule, and 530 were delayed, almost a fifth of its schedule, according to flight-tracking site FlightAware. On Sunday, that number dropped to 143 cancellations, or 5%, and 116, or 4%, delayed.

Delta said that 87% of customers were rebooked on flights that departed within around 11 hours of their original time.

The Atlanta-based carrier last week said it would trim its schedule by 100 flights a day between July 1 through Aug. 7, around 2%, to give itself more wiggle room to handle disruptions.

Other carriers, including Alaska Airlines, JetBlue Airways and Spirit Airlines have also pared back schedules to better handle disruptions like bad weather and staffing shortages.

Getting the balance right is key for carriers as bookings recently jumped despite airfares that have surpassed pre-pandemic levels.



Source

Empire State Realty Trust CEO: International demand was lower than expected
Travel

Empire State Realty Trust CEO: International demand was lower than expected

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Anthony Malkin, Empire State Realty Trust CEO, joins ‘The Exchange’ to discuss the state of REITs, the shares falling on lower international demand and New York City Democratic Mayoral candidate Mamdani’s potential impact on real estate in the city. Source

Read More
Alaska Airlines CEO: We expect a better second-half of the year than first-half results
Travel

Alaska Airlines CEO: We expect a better second-half of the year than first-half results

CNBC’s Phil LeBeau with Alaska Airlines CEO Ben Minicucci, join ‘The Exchange’ to discuss Q2 earnings, the recent IT outage and booking demand. Source

Read More
American Airlines CEO Robert Isom: See supply and demand trends moving in our favor in Q3 and Q4
Travel

American Airlines CEO Robert Isom: See supply and demand trends moving in our favor in Q3 and Q4

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau and American Airlines CEO Robert Isom join ‘Squawk Box’ to discuss the company’s quarterly earnings results, Q3 profit forecast, softness in domestic travel, corporate travel demand outlook, and more. Source

Read More