Sectors News Results

  • American Airlines, union reach deal to limit involuntary furloughs

    American Airlines Co and the Allied Pilots Association have reached an agreement on voluntary options for pilots to help reduce involuntary furloughs, the airline said in a memo Tuesday. Last month, American Airline said it was sending 25,000 notices of potential furloughs to frontline workers, including 2,500 pilots or about 18% of the total.

  • BRIEF-Spirit Airlines Warns Of Workforce Reductions

    Spirit Airlines Inc (SAVE): * Spirit Airlines Inc (SAVE) - ON JULY 29, CO INFORMED ABOUT 2,500 U.S.-BASED UNION REPRESENTED EMPLOYEES OF POSSIBILITY OF A WORKFORCE REDUCTION - SEC FILING. * Spirit Airlines Inc (SAVE) - AT THIS TIME, UNABLE TO MAKE DETERMINATION OF AN ESTIMATE WITH RESPECT TO WORKFORCE REDUCTION ACTIONS IN REMAINDER OF 2020 Source text: Further company coverage:

  • Teamsters Urge Congress To Extend PSP

    WASHINGTON, July 31, 2020  The following is a statement from Teamsters Airline Division Director Capt. September 30, but those protections are going to expire. "The effect these job losses would have on our country, our industry and the entire economy will be too much to bear.

  • Southwest supports union push for 2nd airline bailout, CEO says

    Southwest Airlines (LUV) supports union efforts to convince lawmakers to extend the $32 billion U.S. payroll support program for airlines, airports and contractors set to expire in September, for another six months, Chief Executive Gary Kelly said in a video message to employees.

  • United to drop contract with ExpressJet, dealing potentially fatal blow

    United Airlines said on Thursday it has decided to drop its contract with ExpressJet, and consolidate all of its outsourced flying on 50-seat planes with regional rival CommutAir. The decision could be a fatal blow to ExpressJet, which will begin to wind down its operations, according to a memo from Chief Executive Subodh Karnik to employees seen by Reuters.

  • BRIEF-Hawaiian Airlines Preparing To Furlough Up To 226 Of About 850 Pilots -Union Statement

    Hawaiian Holdings Inc (HA): * HAWAIIAN AIRLINES PREPARING TO FURLOUGH UP TO 226 OF ABOUT 850 PILOTS -UNION STATEMENT Source text for Eikon: Further company coverage:

  • United to drop contract with ExpressJet, dealing potentially fatal blow

    United Airlines said on Thursday it has decided to drop its contract with ExpressJet, and consolidate all of its outsourced flying on 50-seat planes with regional rival CommutAir. The decision could be a fatal blow to ExpressJet, which will begin to wind down its operations, according to a memo from Chief Executive Subodh Karnik to employees seen by Reuters.

  • United to drop contract with ExpressJet, dealing fatal blow

    United Airlines said on Thursday it has decided to drop its contract with ExpressJet, which operates 50-seat planes under the United Express banner, and consolidate all of its routes on that aircraft with rival regional carrier CommutAir.

  • Boeing Sets Deeper Cuts After Big Loss -- WSJ

    This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal. Boeing Co. (BA) on Wednesday outlined plans to slash more production and jobs and look for other ways to conserve cash as the coronavirus pandemic deepens its toll on the global aviation industry. The U.S. plane maker lost $2.4 billion in the second quarter and said it may consolidate some jet assembly among its three main...

  • United gives employees longer to decide on voluntary furloughs

    United Airlines on Wednesday extended a deadline for most employees to decide whether to take voluntary furlough deals to Aug. 10, as it waits to see if the U.S. Congress extends an airline bailout in the first week of August.

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