Airlines
Citi: Cost per seat miles is rising across airlines
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Stephen Trent, Citi’s MD on Americas Airlines, compares discount airlines to bigger carriers, and how they’re navigating debt, labor & supply issues. Source
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Boeing starts furloughing tens of thousands of employees amid machinist strike
Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept. 13, 2024. M. Scott Brauer | Bloomberg | Getty Images Boeing will furlough a “large number” of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve cash, […]
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Alaska-Hawaiian merger clears DOT review, but airlines must preserve miles, routes
Boeing 737-790 aircraft belonging to Alaska Airlines is seen flying at Anchorage Ted Stevens International Airport in Anchorage, Alaska, United States on July 2, 2024. Hasan Akbas | Anadolu | Getty Images Alaska Airlines and Hawaiian Airlines can go through with their planned merger, but they must maintain the value of their airline reward systems […]
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A push toward sustainable jet fuel is leaving investors with unanswered questions
Neste Oyj’s Singapore refinery in Singapore, one of the world’s biggest SAF plants, under construction on Wednesday, June 22, 2022. The site was chosen because its already a petrochemicals center with sound logistical connections and talent is readily available. Bloomberg | Bloomberg | Getty Images The aviation industry still sees so-called “sustainable aviation fuel” (SAF) […]
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Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike
Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept. 13, 2024. M. Scott Brauer | Bloomberg | Getty Images Boeing announced sweeping cost cuts on Monday, including a hiring freeze, a pause on nonessential staff travel and a reduction on supplier spending to preserve […]
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Air Canada reaches last-minute agreement with pilots union, averting strike
An Air Canada Boeing 777-333(ER) is preparing to take off on the runway at Barcelona-El Prat Airport in Barcelona, Spain, on May 1, 2024. JoanValls | Nurphoto | Getty Images Air Canada said early on Sunday it had reached a tentative agreement with its pilots union over a new four-year collective agreement, in a last-minute […]
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When to book holiday travel this fall: ‘That window of low prices is brief,’ economist says
d3sign | Moment | Getty Images If you want — or need — to travel this holiday season, start planning now because the ideal time to book Thanksgiving, Christmas and New Year’s travel is fast approaching. “The most important thing is for travelers to continue to think about planning now and booking in October,” said […]
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Ryanair may get five fewer planes by next summer due to Boeing strike, CEO says
OAG’s John Grant said not all airlines took a hit because of the Summer Games. Among the “winners,” he singled out Ryanair, which significantly increased capacity to Paris this summer. Jakub Porzycki | Nurphoto | Getty Images Ryanair Group CEO Michael O’Leary said on Saturday a prolonged Boeing workers’ strike may cut the number of aircraft it receives […]
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Here’s what the Boeing strike might mean for flyers
Union members react as Aerospace Machinists District 751 President Jon Holden (out of frame) announces that union members rejected a proposed Boeing contract and will go on strike, following voting results at their union hall in Seattle, Washington, on September 12, 2024. Jason Redmond | Afp | Getty Images Boeing workers went on strike Friday, the latest disturbance […]
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Boeing CFO says strike will ‘jeopardize’ recovery, hit aircraft production
Union members hold picket signs during a news conference following a vote count on the union contract at the IAM District 751 Main Union Hall in Seattle, Washington, US, on Thursday, Sept. 12, 2024. M. Scott Brauer | Bloomberg | Getty Images Boeing CFO Brian West said a labor strike that began Friday will hurt […]
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