"5000 flights canceled today, another 5000 already canceled for tomorrow... A lot of people are not going to be getting out of here until at least Wednesday." 10,000 cancellations represent a massive revenue hit and operational cost spike (refunds, rebooking, crew overtime) for major carriers with East Coast hubs. The mention of a "ripple effect" regarding flight attendants implies the operational drag will persist longer than the snow itself. SHORT airlines with high exposure to NYC/East Coast hubs (American, Delta, United) or the broad sector ETF (JETS) to capture the negative earnings impact. The market may view this as a "one-off" weather event and look through the temporary earnings dip.