Airlines
Boeing forecasts jump in aircraft deliveries, up to $5 billion in free cash flow next year
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing is planning to ramp up production and deliveries of new aircraft, propping up its forecast for higher cash in 2023, […]
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American Airlines pilots’ union rejects new contract proposal
American Airlines jet parked at LaGuardia International Airport in New York. Adam Jeffery | CNBC American Airlines pilots’ union on Wednesday said its board of directors rejected a tentative agreement for a new contract, the latest in a series of setbacks in labor talks across major U.S. airlines. The Allied Pilots Association, which represents roughly […]
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United pilots reject contract deal that ‘fell short’
United Airlines planes at Newark Liberty International Airport Leslie Josephs | CNBC United Airlines pilots “overwhelmingly” rejected a tentative agreement that would have given pilots raises of nearly 17%, their union said Tuesday, the latest setback in rocky labor talks between unions and airlines. The tentative agreement “fell short of the industry-leading contract United pilots […]
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Delta pilots vote in favor of potential strike as contract talks drag on
Delta pilots picket for a better contract outside of John F. Kennedy International Airport. Leslie Josephs | CNBC Delta Air Lines pilots voted overwhelmingly to authorize a strike if contract talks between the carrier and the union don’t lead to an agreement, the labor group said Monday. A strike wouldn’t be immediate and it would […]
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A lot more airways adopt ‘buy now, shell out later’ solutions to let customers fork out for flights in installments
Tom Botts of BNPL company Uplift discusses how this payment design is distinct from shelling out for a flight with a credit card. Supply
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Want to book a flight but pay for it next year? Here’s how it works
Travel demand is still picking up, and so are the prices of flight tickets. Surging prices are causing some to cut back on spending, but others are finding new ways to pay for their holiday plans. More airlines are partnering with “buy now, pay later” firms to give customers the option to pay for their […]
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American Airlines offers pilots higher raises in new contract proposal
Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport. Mike Stone | Reuters American Airlines‘ pilots union is weighing an offer for higher raises in a new two-year contract proposal, the latest attempt to seal up a labor deal at the country’s largest airline. If approved […]
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Southwest states vacation desire continue to robust, warns Boeing delays could continue on into 2024
A Southwest Airways Co. Boeing 737 passenger jet pushes again from a gate at Midway Intercontinental Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021. Luke Sharrett | Bloomberg | Getty Photos Southwest Airways on Thursday joined other airways in forecasting that strong travel demand will continue on but warned that delays in […]
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White House hammers economic troubles with attack on ‘junk fees’ two months out from Election Working day
Vital Points Talking at the White Home flanked by CFPB Director Rohit Chopra and FTC Chair Lina Khan, Biden introduced initiatives by his administration to slice down on “junk charges” from financial institutions, airways, cable firms and other entities. The speech was billed as “remarks on new steps to deliver families with extra respiration home.” In […]
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Heathrow Airport warns it will be ‘a range of years’ prior to desire returns to pre-pandemic concentrations
The largest airport in Europe by passenger quantities, London’s Heathrow, is not expecting to come into income this fiscal 12 months. Anadolu Agency / Contributor / Getty Illustrations or photos Heathrow Airport reported on Wednesday a 9-month loss of £442 million ($512 million) and warned that it will be “a selection of decades” before demand […]
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