Flight delays cost more than just time
11/04/10 — Domestic flight delays put a $32.9 billion dent in the U.S. economy, and about half that cost is borne by airline passengers, according to a study led by UC Berkeley researchers and released last month. The comprehensive report analyzed flight delay data from 2007 to calculate the economic impact on both airlines and passengers, including the cost of lost demand and the collective impact of these costs on the U.S. economy. The report was commissioned by the Federal Aviation Administration to clarify key discrepancies in earlier studies.