Winter Cancellations May Cost Airlines $600M

If you’ve had to deal with a flight cancellation recently, rest assured that the airlines most definitely feel your pain. A seemingly never-ending string of winter storms has forced airlines to cancel a record 89,884 flights since Nov. 1, Bloomberg reports, costing them more than $629 million according to one estimate. “If this keeps up, it will really get ugly,” says one airline economist. “It’s already brutal, and it’s only the first week in February.”