SAS slides 95% as Scandinavian airline’s shareholders wiped out
SAS shares slumped by as much as 95% on Wednesday after the airline announced a financial restructuring on Tuesday to ...
Tag: Airlines
JetBlue raises flight attendant pay, union agrees to support merger with Spirit
JetBlue Airways aircraft are pictured at departure gates at John F. Kennedy International Airport in New York.Fred Prouser | ReutersJetBlue ...
More companies, especially airlines, warn higher costs will eat into profits
An American Airlines 787 is loaded with cargo at Philadelphia International Airport.Leslie Josephs/CNBCMore companies are warning that a surge in ...
RTX to take $3 billion charge on Pratt & Whitney engine problem
Model of a Pratt & Whitney GTF engine is displayed at the 54th International Paris Air Show at Le Bourget ...
Labor unions are pushing hard for double-digit raises and better hours. Many are winning
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. ...
Spirit Airlines to pay up to $8.25 million in class action over ‘gotcha’ carry-on bag fees
Spirit Airlines has agreed to pay up to $8.25 million to settle a class action lawsuit by passengers who said ...
UPS workers approve massive new labor deal with big raises
David Paul Morris | Bloomberg | Getty ImagesUPS workers ratified a massive five-year labor deal that includes big wage increases ...
Airlines add flights to get travelers off of Maui after deadly wildfires
Passengers try to rest and sleep after canceled and delayed flights while others wait to board flights off the island ...
No more freebies: Companies crack down on customer perks and rewards
Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023. Eva Marie Uzcategui | Bloomberg | Getty ...
Airlines slow to take off on cloud tech, but it’s not too late to upgrade
The aviation industry has soared above the clouds for over a century. But its navigation of cloud computing? That has ...
