Stock Market News

US airline cancellation rate remains low despite record summer travel

2024.08.29 12:10

© Reuters. FILE PHOTO: Passengers navigate the security checkpoint before their flights at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S. June 28, 2022. REUTERS/Elijah Nouvelage/File Photo

WASHINGTON (Reuters) – U.S. airlines have canceled 1.6% of all flights this year despite record summer travel and significant disruptions in July sparked by cybersecurity firm Crowdstrike, the Transportation Department said Thursday.

USDOT said the cancellation rate through Tuesday this year is slightly above 1.5% cancel rate for 2023 but lower than any other year since 2017 when it was 1.4%. The Transportation Security Administration (TSA) said last week that U.S. summer travel has set a new record and is forecasting record passengers for the Labor Day travel period that marks the end of the summer season.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 86,648.22 2.22%
ethereum
Ethereum (ETH) $ 2,350.83 4.61%
tether
Tether (USDT) $ 0.999298 0.02%
xrp
XRP (XRP) $ 2.24 1.76%
bnb
BNB (BNB) $ 612.05 1.94%
solana
Solana (SOL) $ 140.51 1.64%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.20937 0.49%
cardano
Cardano (ADA) $ 0.674191 0.95%
staked-ether
Lido Staked Ether (STETH) $ 2,350.83 4.54%
tron
TRON (TRX) $ 0.22964 0.13%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 86,462.17 2.37%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,813.36 4.57%
chainlink
Chainlink (LINK) $ 15.59 0.38%
litecoin
Litecoin (LTC) $ 128.86 2.78%
avalanche-2
Avalanche (AVAX) $ 23.05 3.97%
sui
Sui (SUI) $ 2.91 1.76%
stellar
Stellar (XLM) $ 0.290234 1.07%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 3.03%
the-open-network
Toncoin (TON) $ 3.48 2.36%
hedera-hashgraph
Hedera (HBAR) $ 0.201349 1.69%
leo-token
LEO Token (LEO) $ 9.09 0.72%
polkadot
Polkadot (DOT) $ 5.08 5.53%
usds
USDS (USDS) $ 1.00 0.02%
mantra-dao
MANTRA (OM) $ 7.27 4.44%
hyperliquid
Hyperliquid (HYPE) $ 20.80 3.83%
weth
WETH (WETH) $ 2,351.30 4.64%
bitcoin-cash
Bitcoin Cash (BCH) $ 301.66 2.44%
ethena-usde
Ethena USDe (USDE) $ 0.999408 0.00%
bitget-token
Bitget Token (BGB) $ 4.12 1.97%
uniswap
Uniswap (UNI) $ 8.17 0.27%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,494.42 4.56%
monero
Monero (XMR) $ 213.11 3.73%
whitebit
WhiteBIT Coin (WBT) $ 26.48 1.27%
near
NEAR Protocol (NEAR) $ 3.12 2.61%
aptos
Aptos (APT) $ 6.11 8.02%
pepe
Pepe (PEPE) $ 0.000008 3.31%
dai
Dai (DAI) $ 1.00 0.04%
internet-computer
Internet Computer (ICP) $ 6.73 2.98%
ondo-finance
Ondo (ONDO) $ 1.00 2.74%
aave
Aave (AAVE) $ 205.96 1.74%
bittensor
Bittensor (TAO) $ 359.10 3.69%
ethereum-classic
Ethereum Classic (ETC) $ 19.04 0.75%
susds
sUSDS (SUSDS) $ 1.04 0.06%
okb
OKB (OKB) $ 45.99 1.21%
gatechain-token
Gate (GT) $ 21.67 1.48%
official-trump
Official Trump (TRUMP) $ 13.17 2.40%
mantle
Mantle (MNT) $ 0.756237 4.78%
tokenize-xchange
Tokenize Xchange (TKX) $ 30.90 4.49%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 86,592.20 2.35%