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Stock impact report

Major Airline Cancels Thousands of Flights as it Struggles to Recover From Winter Storm [Yahoo! Finance]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: Yahoo! Finance
In just days, from Jan. 23 to Jan. 26, Isom delivered grim numbers, including more than 9,000 flights canceled. Two of the most affected areas included airports in Dallas and Charlotte. The number marked American Airlines' "largest weather-related operational disruption" in the company's history. Devon May, the airline's Chief Financial Officer, chimed in and said that the storm will have a significant impact on revenue, somewhere in the neighborhood of $150 million and $200 million, which will reduce the airline's flown capacity for the first quarter by 1.5 percentage points. "The impact of the storm is as significant as we've ever seen at American. Ice and freezing rain have significantly reduced operations, especially at DFW and Charlotte, our largest hubs, for multiple days," Isom shared. "Over the past four days, we've had to cancel more than 9,000 flights, making this the largest weather-related operational disruption in our history. " Related: Another Major Winter Stor Show less Read more
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