With the holiday travel rush just around the corner, those planning to head to the airport are hoping their flights will not be delayed. Not only are delays a nuisance for travelers, they also put a dent in the economy. Domestic flight delays cost the U.S. economy $32.9 billion, and about half that cost is borne by airline passengers.

In this edition of Smith Business Close-Up with the University of Maryland’s Robert H. Smith School of Business, Mike Ball discusses the research findings he co-authored, commissioned by the Federal Aviation Administration.