Impact of Hurricanes Helene and Milton on Airlines

Reported 2 months ago

Hurricane Milton is expected to hit Florida shortly after Hurricane Helene, which has left the area recovering. Savi Syth of Raymond James highlights two main impacts on airlines: immediate temporary shutdowns due to the storm and long-term effects on tourism due to possible damage to beachfronts. While the off-season timing of Helene might mitigate immediate demand loss, Milton poses a risk as it coincides with the fall break, typically a peak tourism period. Airlines could feel prolonged effects in the region despite overall demand remaining steady.

Source: YAHOO

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