Domestic flight delays cost nearly $41B in 2007 |
| Bizjournals.com - May 23, 2008 |
Airline delays don't just raise your blood pressure and make you late for meetings, they also cost you money.
New research shows domestic flight delays cost the industry and passengers $40.7 billion in 2007.
The Joint Economic Committee from the House and Senate released a report Thursday that said passengers lost an estimated $12 billion worth of time that otherwise would have been spent on business and play.
Late flights also cost airlines $19.1 billion in extra staffing, fuel and maintenance costs -- mainly from planes idling at the gate, but also from taxiing delays and from circling airports in holding patterns, according to the report.
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- Posted: 2008-05-23 08:59:03
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