7 ms·

I think the better question is 11,000 Flights is how much revenue lost? Airlines are a cut throat business when it comes to operating margins. So while to you

I think the better question is 11,000 Flights is how much revenue lost? Airlines are a cut throat business when it comes to operating margins. So while to you it might not sound statistically significant to you but there are likely other reasons why it is a big deal. Also, just thinking it through, how does it look for the heart of the countries financial center to be reducing flights. There certainly is a ripple effect to all businesses with a reduction of flights.

bruce511 3y ago
It's always hard to estimate revenue lost. yes, some proportion of visitors might be impacted (as in "I can't come, I can't get a flight") but more likely people will just fly on another available plane, so (for the airline) seat usage goes up. In other words if most planes are at say 85% capacity, then that 10% is easily absorbed. If anything it likely makes the airline more profitable. and of course if it does get up to 100% utilization, then fares go up anyway. If anything the impact on the airline is positive, the impact on Joe Traveller might be negative (reduced schedule options ; possibly more expensive).