Sectors News Results

  • Southwest workers group seeks mediation for stalled contract talks

    The union representing Southwest Airlines Co's (LUV) passenger service and reservation employees said on Friday it was seeking federal mediation to help contract negotiations after two years of talks. Budget-friendly Southwest (LUV) spent seven years in contract negotiations with a separate union that represents its mechanics before reaching an agreement last year.

  • Southwest workers group calls for mediator over stalled contract talks

    The International Association of Machinists and Aerospace Workers, a union representing 7,852 workers at Southwest Airlines Co (LUV), said on Friday it was seeking federal mediation to help resolve the dispute over a new contract.

  • Qantas raises the stakes in pilot pay dispute

    * Company would prefer to reach an agreement -executive. * Pilots' union critical of company 'ultimatum' By Jamie Freed. Australia's Qantas Airways (QUBSF) has urged its pilots to reach agreement on a pay deal for the world's longest commercial flights or face being replaced for those routes.

  • Vietnam Airlines says losing $10.8 mln in revenue a week due to virus

    Vietnam Airlines said on Thursday it was losing up to 250 billion dong per week in revenue due to travel curbs resulting from the coronavirus. The country's flag carrier is reducing operations and trying to cut costs to ride out the impact of the epidemic and "achieve a positive financial result" for this year, it said in an emailed statement.

  • Sabre continues to support easyJet's growth in business travel sector

    LONDON, Feb. 12, 2020  easyJet, one of the UK's leading airlines, today announced a new distribution agreement with Sabre Corporation , a leading technology provider to the global travel industry. The agreement gives corporate travel agencies across Europe continued access to easyJet's fares through the Sabre GDS. easyJet has built its business customer base from 10 million in 2012 to almost 17...

  • Aircraft De-icing Market to Witness Extensive Growth Owing to Rising Number of Airline Operators Globally | Radiant Insights, Inc.

    SAN FRANCISCO, Feb. 12, 2020 The global Aircraft De-Icing Market is estimated to grow at a higher CAGR by the completion of the prediction period. The aircrafts have anti-ice arrangements fitted on the engines and wings. The growing number of aircrafts is the principal motivator for the development of this Aircraft De-Icing Market.

  • Coronavirus costs Vietnamese airlines $430 mln in lost revenue

    The coronavirus has cost Vietnamese airlines about 10 trillion dong so far in lost revenues following travel curbs between Vietnam and China, the government said on Wednesday. Vietnam declared a public health emergency over the epidemic on Feb. 1 and banned all flights to and from China, where more than 1,000 people have died from the virus.

  • BRIEF-Mesa Air Group Reports First Quarter Fiscal 2020 Results

    Mesa Air Group Inc (MESA): * MESA AIR GROUP REPORTS FIRST QUARTER FISCAL 2020 RESULTS. * Q1 EARNINGS PER SHARE $0.31. * Q1 EARNINGS PER SHARE ESTIMATE $0.31 -- REFINITIV IBES DATA. * MESA AIR GROUP (MESA) - SEES 2020 SCHEDULED HEAVY ENGINE AND AIRFRAME MAINTENANCE $48.8 TO $57.8. * QTRLY TOTAL OPERATING REVENUES $184.0 MILLION VERSUS $178.2 MILLION.

  • UPS, Pilots Union Reach Tentative Agreement On Labor Contract Extension

    UPS and the Independent Pilots Association, the union that represents the company’s 2,959 flight crewmembers, have reached a tentative agreement on a two-year contract extension. Upon ratification, the extension will go into effect at the end of the current contract, Sept. 1, 2021 and become amendable Sept 1, 2023.

  • BRIEF-Spirit Airlines Q4 Revenue Rises 12.4%

    Spirit Airlines Inc (SAVE): * Q4 REVENUE ROSE 12.4 PERCENT TO $969.8 MILLION. * TOTAL OPERATING REVENUE PER AVAILABLE SEAT MILE FOR THE FOURTH QUARTER 2019 DECREASED 3.6 PERCENT. * QTRLY DILUTED EPS $1.18. * QTRLY ADJUSTED EARNINGS PER SHARE $1.24. * SPIRIT AIRLINES SAYS EXPECT 2020 CASM EX-FUEL TO INCREASE 1 TO 2 PERCENT YEAR OVER YEAR - SEC FILING.

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