Analyst says Harvey will cost United Airlines $265 million

August 30, 2017 Cholo Brooks United States 0

United Airlines, which uses Houston’s George Bush Intercontinental Airport as one of its main hubs, will likely see flights decline by 1.5 percent in this quarter due to the impact of Hurricane Harvey, an analyst quoted by Bloomberg reported Tuesday.

The loss will amount to about $265 million, according to Helane Becker of Cowen & Company. George Bush Intercontinental accounts for about 17 percent of United’s capacity.

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Source: NJ.com

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About Cholo Brooks 17210 Articles

Joel Cholo Brooks is a Liberian journalist who previously worked for several international news outlets including the BBC African Service. He is the CEO of the Global News Network which publishes two local weeklies, The Star and The GNN-Liberia Newspapers. He is a member of the Press Union Of Liberia (PUL) since 1986, and several other international organizations of journalists, and is currently contributing to the South Africa Broadcasting Corporation as Liberia Correspondent.