2014: The Most Expensive Year for the Travel Industry
MasFlight, a corporate software company that monitors and analyzes big data for the logistics and transport sector, reported that due to poor weather conditions, flight delays cost the travelers flying out of and into the United States $2.5 billion; on the other hand, airlines also had a loss between $75 million and $150 million due to delayed and cancelled flights. It is quite a challenging task for an airline to overcome great loss; it is not only a problem for the pilot or airline management but also a great deal for the passengers to bear the delay or flight cancellation as this aggravation costs more than the price of a ticket. According to Tulinda Larsen, the vice president of masFlight’s business development, the government is responsible for this issue due to two regulations; first, delaying the specific amount of time a plane is allowed to stay on tarmac to 3 hours and the second is the limitation regarding the amount of time a pilot can remain on his duty. Furthermore, stuffing planes to the particular capacity means when there are delays of cancellation, there is reduced flexibility in alternative flights or booking passengers. Meanwhile, he said that appropriate processes and procedure can be helpful for handling this issue.
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