Abstract-In this paper, we detail a method for calculating the cost of delays to an airline. The approach extends a EU report that calculated delays for three alternative scenarios (low cost, baseline costs and high costs) and for short delays (under 15 minutes) and long delays (over 65 minutes). Our extension to this report determines the factors that make up the multipliers presented in that report. We next apply the individual cost factor delays to US data. The approach allows one to update the cost whenever any of the factors (crew, fuel, maintenance, ground costs) change. It considers the size of the aircraft when making such calculations, both from the perspective of fuel burn and passenger costs. Our validation methodology evaluates how close our data come to that presented in their report when a conversion is made from dollars to Euros and applies 2003 cost data. Data for Philadelphia airport (PHL) is displayed as a case study to show current delay costs.