Airlines Fold Wings For Storm
Hurricane Sandy will ground some 6,800 commercial flights, including all departures and arrivals at metropolitan New York’s three major airports. New York’s airports together were key to U.S. travel for some 52 million departing passengers last year and outstripping the world’s busiest airport, Hartsfield-Jackson in Atlanta. The good news is it's not tourist season said Rick Seaney, CEO of Farecompare: “If this was happening during Thanksgiving week, it would just be a nightmare.” But it will freeze business travel and hurt earnings for United Continental Holdings Inc., American and Delta. Heathrow cancelled 59 flights today. Air France-KLM (AF) Group, Europe’s biggest airline, said that customers would be offered alternative flights at no additional cost.