April 1, 2012 |
WASHINGTON — What's behind the unusually high rate of contract cancellations and settlement delays in the real estate market? With signs of recovery emerging in many parts of the country, shouldn't deals be zipping along with minimal complications? Apparently not. Nearly one-third of realty agents in a new national survey reported experiencing contract cancellations — purchases crumbling before closing — in February. That's up dramatically from a similar poll 12 months earlier, when just 9% of agents reported cancellations.
October 30, 2012 |
Airline cancellations continued to mount, with a few carriers beginning to cancel flights scheduled for Thursday. Super storm Sandy is now blamed for the cancellation of 18,100 flights, stretching from Saturday to Wednesday, according to the travel monitoring site, Flightaware.com. The canceled flights were primarily to and from storm-ravaged cities along the East Coast. About 50 or so flights were already canceled for Thursday. The website Flightstats.com has animated the effects of the storm on flights in an online video, shown above.
October 31, 2012 |
Super storm Sandy has led to the cancellation of about 19,500 flights since Saturday but cancellations are on the decline and two key East Coast airports reopened Wednesday. John F. Kennedy International in New York and Newark Liberty International in New Jersey reopened Wednesday for limited service, but La Guardia International Airport in New York remains closed because of flooding. It remains unclear when La Guardia will reopen and airline officials urged passengers to check on their flight status by phone or online before heading for an airport.
November 7, 2012 |
As a nor'easter storm threatens the East Coast, the nation's airlines have canceled more than 1,500 flights scheduled for Wednesday and Thursday. The cancellations, about 1,200 for Wednesday and 313 on Thursday, were primarily scheduled to fly in and out of Newark Liberty International in New Jersey and La Guardia and John F. Kennedy International airports in New York. Cancellations were also made for flights in and out of Philadelphia International, Chicago's O'Hare International and Dallas/Fort Worth International airports, according to the flight-monitoring site Flightaware.com.
December 27, 2012 |
Getting home after the Christmas holiday continues to be a predicament as a massive storm that has now hit the Northeast grounded thousands of planes for the third straight day. As of Thursday morning, more than 800 flights had been canceled and nearly 5,000 more had been delayed, with most of the planes grounded in Philadelphia, Boston, Chicago, Detroit and New Jersey, according to the flight monitoring site Flightstats.com. Still, the storm's effect has declined compared to Wednesday, when more than 2,000 flights were canceled and more than 12,000 were delayed as the storm cut a wide swath through the mid-Atlantic states, heading northeast.
June 15, 2011 |
Qantas and Virgin Australia canceled flights that were scheduled Thursday (Australia time) to New Zealand and the western Australian city of Perth as an ash cloud from a Chilean volcano continued to spread into the area and strand thousands more travelers. The cloud has also wreaked havoc in South America . Disruptions of air travel in various parts of the world could last for months, experts say. The Sydney Morning Herald dubbed the cloud over Perth the "plume of gloom" and explained that levels of ash as low as 15,000 feet posed a safety risk for airlines.