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Business

“FedEx to cut daytime domestic flight activity by 60%”

“…The parcel logistics giant will reduce daytime domestic flying time by 60% and the number of city destinations by 55%, which will add about 500 pilots to the existing surplus, said Justin Brownlee, senior vice president for flight operations and… Continue Reading…

Business

“Flight attendant union rejects American Airlines’ proposed 17% pay raise”

“The labor union that represents American Airlines flight attendants on Wednesday rejected a company proposal to immediately raise pay by 17%. CEO Robert Isom offered flight attendants immediate 17% wage increases earlier Wednesday as contract talks continue without a deal, bringing the… Continue Reading…

Business, Economy

“$29 flights are back as airlines race to fill seats in the off-season”

“Airlines have a record 260 million seats to fill this quarter, and to do it, they’re offering fares that will run you about the same as a pair of movie tickets…” https://www.cnbc.com/2023/11/11/flight-discounts-are-back.html Are prices starting to collapse in the airline… Continue Reading…

Business

“Delta Air Lines profit jumps almost 60% after strong summer”

“Delta Air Lines’ profit rose nearly 60% in the third quarter as strong travel demand continued through the summer, particularly for international trips, though the carrier forecast full-year earnings toward the low end of an earlier estimate after a jump in fuel prices. In… Continue Reading…

Business, Stocks

Boeing shares up after reports about middle east

“Boeing stock traded as much as 3% higher on Thursday after reports that an Iranian missile most likely downed Ukraine International Airlines Flight 752 early Wednesday, challenging the theory that a technical issue caused the crash…” https://markets.businessinsider.com/news/stocks/boeing-stock-price-reports-missile-tech-error-plane-crash-iran-2020-1-1028807374