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US Airways predicts $30 million revenue impact from Hurricane Sandy

US Airways Group estimates Hurricane Sandy-related cancellations to and from the US Northeast will result in a $30 million negative impact to its revenue and a $15 million negative impact on its earnings for the month of October.

US Airways A320. Courtesy, US US Airways Group estimates Hurricane Sandy-related cancellations to and from the US Northeast will result in a $30 million negative impact to its revenue and a $15 million negative impact on its earnings for the month of October. November earnings are expected to take a hit of approximately $20 million. In the days leading up to and immediately following Hurricane Sandy, the company saw its total bookings decline 13% year-over-year for the Oct. 24 to ...

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