The Triangle LivingThe Triangle Living
  • Home
  • Latest News
  • Real Estate
  • Business
  • RTP
  • Chatham Park
  • Food and Drink

Subscribe to Updates

Get the latest Real Estate, Finance news directly to your inbox.

What's Hot

Four New Cafes Shake Up the Durham Coffee Scene

September 28, 2023

Raleigh luxury homes in high demand

September 27, 2023

Cassie Hill – Chatham Park Homes

September 21, 2023
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube Telegram
The Triangle LivingThe Triangle Living
Consult Subscribe
  • Home
  • Latest News
  • Real Estate

    Raleigh luxury homes in high demand

    September 27, 2023

    Average U.S. mortgage rate climbs to highest level in 21 years

    August 18, 2023

    Why Raleigh is the Ideal City for Real Estate Investors

    August 11, 2023

    Raleigh Real Estate Market Forecast: What to Expect in the Next 5 Years

    August 11, 2023

    Navigating the Durham Real Estate Market: Tips for Buyers and Sellers

    August 11, 2023
  • Business
  • RTP
  • Chatham Park
  • Food and Drink
The Triangle LivingThe Triangle Living
Home » Here’s Who To Blame For All Those Flight Cancellations
Business

Here’s Who To Blame For All Those Flight Cancellations

Press RoomBy Press RoomMay 1, 2023No Comments3 Mins Read0 Views
Facebook Twitter Telegram Tumblr Reddit WhatsApp
Share
Facebook Twitter LinkedIn Pinterest Email

A new report has some surprising conclusions about all the headaches travelers keep encountering.

The past few years has seen a marked uptick in the popularity of sports betting, as well as ads for sports betting apps.

But the most popular form of gambling is the one people do every day: showing up at the airport and hoping they’ll actually get to where they want to go.

DON’T MISS: Major Airline Is Giving Away 3,000 Free Tickets to Hong Kong

Ever since vaccines became available and restrictions started loosening, the demand for travel has soared, but flight delays and cancellations have become rampant. While Southwest’s holiday meltdown stands as the biggest example in the public’s imagination, it’s been such a recurring problem that both President Joe Biden and Transportation Secretary Pete Buttigieg have issued stern warnings to airlines to get their act together, or else they might face some legislation they won’t care for.

But now, the General Accountability Office has issued a report that sheds light on what’s behind all the cancellations, and where the blame really lies.

Reasons for Cancellations

“From October through December 2021, airlines caused 60% or more of flight cancellations each month, exceeding any point reached in 2018 and 2019,” notes the study, which was undertaken at the request of Congress. “Airlines were again the leading cause of flight cancellations in April 2022.”

The report notes that flight cancellations were up 16% during the final six months of 2021, versus the last six months of 2019. Also, cancellation rates increased at seven of the 10 largest U.S. airlines, and cancellation numbers remained high during the first four months of 2022, for a total of nearly 82,000, compared to 56,000 and 67,000 for the same time period in 2018 and 2019.

The GAO report indicated that airlines were largely responsible for the cancellations. Weather was the main issue in 2018 and 2019. But starting in February 2021, it seems as though airlines found themselves unprepared for the post-vaccine travel boom

The report finds that in the last six months of 2021, all 10 of the largest U.S. airlines attributed a higher percentage of cancellations to causes under their control than they did in 2019. For airlines such as JetBlue (JBLU) – Get Free Report, United Airlines (UAL) – Get Free Report and Allegiant (ALGT) – Get Free Report, that cancellation percentage increased by a factor of several times.

Hampered by Recruiting and Training Issues

The airlines, in interviews with GAO investigators, pointed to difficulties recruiting and training enough pilots and other essential personnel, as many people took buyouts and early retirement during the pandemic, and there haven’t been enough experienced hands around to teach a new generation. Recently, airlines have pledged that they will pump more money into this area in order to keep up with demand.

Other airlines have also responded by updating software and cutting routes from their schedule. Still, Buttigieg and the Department of Transportation has been investigating four U.S. airlines, including Southwest Airlines (LUV) – Get Free Report, since March for potential unrealistic scheduling.

TheStreet, Inc. All rights reserved. Action Alerts PLUS is a registered trademark of TheStreet, Inc.

This story was originally published May 1, 2023, 2:35 PM.



Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticlePopeyes Menu Brings Back a ‘Hot’ Seller
Next Article You Can Get to Tahiti for Pretty Cheap If You Act Right Away

Related Posts

Investing in the Triangle: Why Raleigh-Durham Is Attracting Venture Capitalists

August 11, 2023

RTP Attracts Global Investment: Examining the Region’s Success in Foreign Direct Investment

August 11, 2023

RTP Networking Events: A Catalyst for Innovation and Collaboration

August 11, 2023

Raleigh’s Growing Start-up Scene: A Look at the City’s Thriving Entrepreneurial Hub

August 11, 2023

Women in Business: Celebrating Durham’s Female Entrepreneurs and Leaders

August 11, 2023

Raleigh-Durham’s Retail Revolution: The Changing Face of the Local Business Scene

August 11, 2023
Add A Comment

Leave A Reply Cancel Reply

Top Articles

Raleigh luxury homes in high demand

September 27, 2023

Cassie Hill – Chatham Park Homes

September 21, 2023

Shaw University Expands Campus and Reach to RTP in Collaboration with Research Triangle Foundation of North Carolina

September 19, 2023

Subscribe to Updates

Get the latest Real Estate, Finance news directly to your inbox.

Advertisement

Your Top Source for the latest Real Estate, Finance, Business and general news about North Carolina, Follow us to get the latest news from the most trusted sources.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Top UK Stocks to Watch: Capita Shares Rise as it Unveils

January 15, 2021
8.5

Digital Euro Might Suck Away 8% of Banks’ Deposits

January 12, 2021

Oil Gains on OPEC Outlook That U.S. Growth Will Slow

January 11, 2021

Subscribe to Updates

Get the latest Real Estate, Finance news directly to your inbox.

© 2023 The Triangle Living. All rights reserved.
  • About
  • Privacy Policy
  • Terms and Conditions
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.