New Yorkers Blast Mayor Eric Adams For 'Slow And Muted' Response To Heavy Floods
Portfolio Pulse from Aaron Bry
Heavy rainfall in New York City has led to flooding and a state of emergency declaration. The situation has impacted several businesses including United Airlines Holdings Inc (NYSE:UAL), Delta Air Lines (NYSE:DAL), Uber Technologies Inc (NASDAQ:UBER), and Lyft Inc (NASDAQ:LYFT). While airlines are experiencing delays and cancellations, ride-sharing services may see a decrease in rides as people avoid unnecessary travel.
September 29, 2023 | 4:46 pm
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NEGATIVE IMPACT
Delta Air Lines is experiencing delays and cancellations due to the heavy rainfall in New York City.
The heavy rainfall and subsequent flooding in New York City has led to flight delays and cancellations for Delta Air Lines. This could potentially impact the company's operations and revenues in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Lyft may see fewer rides in New York City this weekend due to the heavy rainfall and flooding.
The heavy rainfall and subsequent flooding in New York City may lead to fewer rides for Lyft as people avoid unnecessary travel. However, if public transportation remains impacted after the rain stops, there could be an increase in demand for ride-sharing services.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
United Airlines is experiencing delays and cancellations due to the heavy rainfall in New York City.
The heavy rainfall and subsequent flooding in New York City has led to flight delays and cancellations for United Airlines. This could potentially impact the company's operations and revenues in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Uber may see fewer rides in New York City this weekend due to the heavy rainfall and flooding.
The heavy rainfall and subsequent flooding in New York City may lead to fewer rides for Uber as people avoid unnecessary travel. However, if public transportation remains impacted after the rain stops, there could be an increase in demand for ride-sharing services.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70