U.S. flight disruptions finally ease as the holiday weekend winds down

U.S. flight disruptions finally ease as the holiday weekend winds down


Lighted tunnel in the United Airlines terminal, O’Hare International Airport, Chicago Illinois.

Andrew Woodley | Universal Images Group via Getty Images

U.S. airline delays eased on Monday as weather improved, bringing welcome news for travelers and airlines as the July Fourth holiday weekend comes to an end.

As of midday Monday, 980 U.S. flights were delayed and 177 were canceled, down from nearly 4,700 delays and more than 300 cancellations a day earlier, according to flight-tracking site FlightAware.

One in five U.S. airline flights, more than 19,000, were delayed Thursday through Sunday. The vast majority of flights were completed and 1,600 flights, 1.7%, were canceled, FlightAware data showed.

The weekend was key for airlines as executives expected a surge of travelers after more than two years of the Covid-19 pandemic. Passengers shelled out more for tickets as fares surpassed 2019 levels.

Industry staffing shortages, many the result of buyouts that airlines urged workers to take during the pandemic, have exacerbated routine challenges like bad weather. U.S. airline executives will begin detailing their summer performances and providing updated outlooks for the year in quarterly reports starting midmonth.

Airlines spent the last few weeks scrambling to avoid such issues. Delta Air Lines, JetBlue Airways, Southwest Airlines, United Airlines and others have trimmed their schedules to give themselves more room to recover when things go wrong, such as when thunderstorms hit major airline hubs over the weekend.

For example, Delta took the unusual step of allowing travelers to change their flights outside of the peak July 1-4 period if they can fly though July 8, without paying a difference in fare, in hopes customers could avoid some of the disruptions on the busiest days. Envoy Air, a regional carrier owned by American Airlines, offered pilots triple pay to pick up extra shifts in July, CNBC reported last month.



Source

Dunkin’ owner Inspire Brands confidentially files for IPO
Business

Dunkin’ owner Inspire Brands confidentially files for IPO

A cup of coffee and strawberry frosted donut with sprinkles at a Dunkin’ Donuts location in Los Angeles, Sept. 6, 2017. Patrick T. Fallon | Bloomberg | Getty Images Dunkin’ and Buffalo Wild Wings owner Inspire Brands has confidentially filed for an initial public offering, the company announced on Friday. If Inspire goes public, it […]

Read More
Trump’s  million ‘Gold Card’ fails to catch on among the world’s wealthy
Business

Trump’s $1 million ‘Gold Card’ fails to catch on among the world’s wealthy

When President Donald Trump launched the “Gold Card” visa program last December, the official website promised U.S. residency in “record time.” A new court filing, however, suggests that applicants who pay $1 million for a Gold Card won’t get faster visas. The Gold Card, touted as a new kind of investment visa that would raise […]

Read More
States crack down on tax break for wealthy investors
Business

States crack down on tax break for wealthy investors

Lake Oswego in Oregon. Bradleyhebdon | Istock Unreleased | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. A wave of states deciding to take aim at a tax incentive […]

Read More