The 4.58% cancellation rate among US air carriers during the first-quarter of 2014 was the highest in 20 years, according to the Bureau of Transportation Statistics. Only January-March 1996 (at 4.03%) and January-March 1999 (at 4%) can compare.  Extreme winter weather plagued the US throughout the 2014 first-quarter. On-time arrivals during the quarter also suffered, with 72.15% of flights meeting their schedule—the fourth lowest first-quarter in 20 years and the worst performance ...

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