Costs of massive storms are manageable—if they occur but rarely
U.S. airlines—and particularly East Coast-focused carriers such as JetBlue Airways—will take a bigger financial hit from Hurricane Sandy than from most previous major weather phenomena, but they should be able to manage the costs. The bigger questions for the airlines are: How many more weather-related financial hits will they take this year and this winter? And will such extreme coastal weather become more commonplace because of climate change? The monster storm that ravaged the ...
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