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Benzinga
  • 5 minutes ago
The FAA will cut 372 planned flights from summer schedules at Chicago O'Hare, a 12% reduction from airline proposals, citing safety and capacity concerns. O'Hare handles ~2,800 daily operations, and airlines had planned to raise peak activity to nearly 3,100. United had planned a 34%+ increase in daily departures while American targeted a 10% increase. Both airlines are reviewing the limits.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The Federal Aviation Administration said it will cut 372 planned flights from summer schedules at Chicago's O'Hare International Airport,
00:10a 12% reduction from airline proposals, according to the Wall Street Journal.
00:15The agency warned earlier this year that increased traffic could strain operations at the airport,
00:20which handles about 2,800 daily operations and up to 100 arrivals and departures per hour.
00:26Airlines had planned to raise peak activity to nearly 3,100 daily operations, a roughly 15% increase from last
00:34summer.
00:34The FAA said safety requires schedules that match system capacity.
00:39United had planned to increase daily departures by more than 34%, while American targeted a 10% increase.
00:46Both airlines are reviewing the limits after competing to expand service at the hub.
00:51For all things money, visit Benzinga.com.
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