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Stock impact report

US flights returning to normal after another holiday weekend packed with cancellations [CNN]

EASYJET PLC S/ADR (ESYJY) 
NASDAQ:AMEX Investor Relations: corporate.easyjet.com/investors.aspx
Company Research Source: CNN
Back in 2019, ahead of the pandemic, canceled flights typically didn't top 1% of the schedule, even during holiday weekends. And when bad weather caused a spike in canceled flights, as it did on Saturday, July 6 of that year, the operations returned to normal far more quickly.But it's not just holidays causing problems. Cancellations over the July 4 weekend were actually down from the previous week, when daily cancellations ranged from 2.5% to 3.6% of the schedule.Cancellations are becoming the normal because of the staffing situation, said Kathleen Bangs, a former airline pilot now working for FlightAware." has always impacted aviation, but the weather so far this summer hasn't been any worse than normal," she said. "When we see severe weather, it is taking airlines longer to scramble and recover. They don't have the deep bench of pilots to call in. It really seems to be more of a systemwide staffing issue, trickling down to FAA in terms of air traffic control system."To deal with th Show less Read more
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