Bank of America Securities analysts warned that the recent winter storm may have dealt a heavy blow to U.S. carriers. More than 22,000 flights were canceled across mainline and regional networks, the most disruptive weather event in airline history. American Airlines faces a $190 million pre‑tax hit, while Delta and United could lose $67 million and $53 million respectively, with smaller carriers taking $39 million and $20 million.

The storm’s fallout will test airlines’ resilience and cost‑control strategies. Investors will scrutinize Q1 earnings for signs of lingering damage, as the market typically discounts short‑term weather shocks. However, persistent operational disruptions could erode profit margins and prompt calls for stronger weather‑risk hedging.

Watch for Q1 reports from American, Delta, and United as they disclose actual losses and mitigation plans. Analysts will assess whether the airlines can absorb the $190 million hit without raising fares or cutting routes. Regulatory bodies may also review safety protocols, while investors weigh the long‑term impact on share prices.