Hurricane Sandy Grounds Thousands Of Flights - Spokane, North Idaho News & Weather KHQ.com

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(CNN) -- Airlines around the world have cancelled flights to and from the northeast United States because of the growing threat from deadly Hurricane Sandy.

Middle Eastern, European, Asian and U.S. airlines have grounded flights in and out of America's eastern seaboard as 350-mile wide Sandy prepares to make landfall later Monday.

As Americans brace for the storm, airlines are preparing to take a financial hit, with the weather stranding their passengers in cities across the globe.

"Every day this goes on you're seeing combined losses to the airlines of roughly $10 million," said Simon Calder, travel editor of the UK's The Independent newspaper.

"The cost is actually much worse for European airlines like British Airways and Virgin Atlantic, because they have to pay for accommodation and meals for their customers who are stuck in the U.S. -- particularly in New York." click here to read more