Tue, Aug 30, 2005
But That's Not The Worst
Aero-News Real Time Update: 1922 EDT -- Runway 19 at
Louis Armstrong New Orleans International Airport was reopened
Tuesday afternoon -- but only to emergency relief
traffic.
Emergency flights into and out of the flooded city will
be restricted to daytime flights only, according to FAA regional
spokesman Roland Herwig. As to when NOL would open to commercial
flights, he told CNN, "We'll have to see. We're taking it a day at
a time."
Commercial aviation continued to suffer Tuesday in the wake of
Hurricane Katrina, the worst storm to hit the northern Gulf Coast
since Hurricane Camille in 1969. Dozens of flights were canceled
again and there was growing concern about the rising price of
oil.
"Overall the storm will hurt, but it's certainly not the same as
the impact of rising oil prices," Philip Baggaley, airline analyst
for Standard & Poor's Corp. told the Associated Press. If the
price of oil continues to rise significantly, he said, that will
have "a large effect."
Among those effects he said, could be the bankruptcy of Delta
Airlines. Further increases in fuel prices could also delay the
emergency from bankruptcy of both United Airlines and US
Airways.
"Today's jet fuel prices are crushing and could prove to be a
knockout blow for some," economist John Heimlich wrote in a report
for the Air Transport Association. That, too, was quoted by the
Associated Press.
Both Louis Armstrong International Airport in New Orleans and
the airport in Gulfport/Biloxi, MS, remained closed on Tuesday with
no indication when they might reopen. Schedule disruptions could
well carry through the holiday weekend, FAA officials said.
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