US airline cancellation rate remains low despite record summer travel

WASHINGTON, D.C.: The Transportation Security Administration said this week that despite a 1.6 percent cancel rate, which is a percent higher than 2023, U.S. airlines set a new record for summer travel.

This was also despite the significant disruptions in July sparked by cybersecurity firm CrowdStrike (CRWD.O).

USDOT said the cancellation rate this year is slightly above the 1.5 percent cancel rate for 20