Flight cancelations take a toll on airline revenue

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Associated Press

Posted on March 10, 2014 at 4:01 PM

Updated Monday, Mar 10 at 4:30 PM

DALLAS (AP) — Airlines are still tallying up the damage from this winter's storms, but solid demand for travel means they are likely to weather the rocky start to 2014 in good shape.

The biggest four U.S. airlines have canceled nearly 75,000 since Jan. 1.

Still, Delta's president is predicting a record profit in the first quarter, and American and Southwest are reporting healthy increases in a key revenue figure.

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