Latest in Airline Junk
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Has Boeing done enough to avoid the credit rating junk yard?
Plane maker is burning through an estimated $1bn a month during a strike by its largest labour unionBusiness - Financial Times - October 15 -
Texas supreme court blocks execution of man in late-night ruling
Robert Roberson, 57, who has long claimed innocence over death of daughter, has for now been spared. The Texas supreme court has blocked the execution of a man on death row in a late-night ruling ...World - The Guardian - October 18 -
SpaceX in Talks With European Space Agency to Clean Up Space Junk
The 22-nation agency wants to clean the heavens a bit and fulfill its Zero Debris charter, which aims to stop any new orbital garbage being generated by 2030.Business - Inc. - October 24 -
S&P downgrades Thames Water debt further into ‘junk’ territory
Decision comes after troubled UK utility reached tentative deal on £3bn of emergency financingBusiness - Financial Times - October 29 -
Southwest Airlines Settles Boardroom Fight
Southwest will add five board members as a concession.Business - Inc. - October 25 -
24 Hours in Mumbai With an Airline Pilot
Flight crews see the world in 24- to 48-hour bites between international flights. On this trip, the stop is the crowded city on India’s west coast.Top stories - The New York Times - October 31 -
Junk-rated companies face record refinancing needs above $2 trillion through 2029, Moody’s says
Barring an economic slowdown, market conditions are still favorable, with interest rates expected to continue to come down and investors expected to be receptive to credit marketsBusiness - MarketWatch - October 14 -
Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk
Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.Business - MarketWatch - October 16 -
‘Humanity would watch helplessly as space junk multiplies uncontrollably’: has the number of satellite launches reached a tipping point?
From chaotic collisions to depletion of the ozone layer, the thousands of satellites in orbit around Earth have the potential to wreak havoc in coming decades. What are the solutions to a growing ...World - The Guardian - October 19 -
Mexican schools have 6 months to ban junk food sales or face heavy fines
Mexican officials say schools have six months to implement a government-sponsored ban on junk food or face heavy finesWorld - ABC News - October 21 -
Schools in Mexico have six months to ban junk food sales or face heavy fines
Rules targeting fruit drinks, chips and artificial pork rinds come as UN calls child obesity in country an emergency. Schools in Mexico have six months to implement a government-sponsored ban on ...World - The Guardian - October 21 -
Mexican schools have 6 months to ban junk food sales or face heavy fines
Mexican officials say schools have six months to implement a government-sponsored ban on junk food or face heavy finesHealth - ABC News - October 21 -
The Ultimate Southwest Insider Tasked With Reinventing the Airline
CEO Bob Jordan plans big changes at the budget carrier, but activist Elliott has called for his ouster and is seeking help from shareholders.Business - The Wall Street Journal - October 14 -
American Airlines jet and small plane in close call
An American Airlines Boeing 737 and s small Cessna plane came within 400 feet of each other in Austin, Texas, forcing the jet to take evasive action to avoid a collision. NBC News' Stephanie Gosk ...Top stories - NBC News - October 18 -
A mysterious spate of bomb threats is crippling India's airlines
India vowed to punish those responsible for hoax bomb threats that have disrupted dozens of flights and caused airlines huge financial losses.Top stories - NBC News - October 22 -
Frontier, Spirit Airlines Revive Merger Talks
The carriers have held early-stage deal discussions, as Spirit continues negotiations with bondholders over possible bankruptcy terms.Business - The Wall Street Journal - October 23 -
American Airlines fined $50M for violating disability laws
The U.S. Department of Transportation on Wednesday announced a $50 million fine against American Airlines for its alleged mistreatment of passengers with disabilities, which the department said in ...Top stories - NBC News - October 23 -
American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.Business - CNBC - October 24 -
Boeing Email to Ethiopian Airlines Sheds Light on a Crash
Newly revealed correspondence indicates that a Boeing senior official counseled that the company could answer a pilot’s safety question, but it did not.Business - The New York Times - October 24 -
Ryanair profit drops as airline cuts passenger forecast
European low-cost carrier blames pressure on consumers for fall in faresBusiness - Financial Times - 5 days ago -
Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
With the U.S. election less than a month away, the country and its corporations are staring down two drastically different options.Top stories - NBC News - October 13 -
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United Airlines sheds unprofitable capacity in better-than-expected quarter
Revenue from basic economy seats shot up 20% at United.Business - MarketWatch - October 16 -
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Spirit Airlines extends debt refinancing deadline hours before expiration
Spirit Airlines on Friday again extended a deadline with its credit card processor to renegotiate more than $1 billion in debt.Business - CNBC - October 18 -
Airlines bet on food and art to lure flyers back to ageing premium cabins
New perks offered while better planes and seats remain grounded from supply chain disruptionsWorld - Financial Times - October 19 -
India’s airline industry in chaos after 90 hoax bomb threats in a week
Authorities yet to uncover source and motive of surge in fake bomb threats, as dozens of planes forced to reroute. A reported 90 hoax bomb threats have been made against Indian airlines in the past ...World - The Guardian - October 21 -
The little airline that could — Lebanon's national carrier braves Israeli airstrikes
Since Israel began bombarding Beirut’s southern suburbs in its war against Hezbollah militants, Lebanon’s national air carrier has become a local icon simply by continuing to do its jobWorld - ABC News - October 22 -
American Airlines' message to boarding group cheats: Wait your turn.
American Airlines is testing a new tool to stop passengers from boarding flights ahead of their assigned group.Top stories - CBS News - October 22 -
Frontier reportedly considering renewed merger talks with Spirit Airlines
More than two years after a merger deal fell apart, Frontier Airlines is considering another run at acquiring Spirit Airlines, the Wall Street Journal reported Tuesday night.Business - MarketWatch - October 23 -
American Airlines Fined $50 Million for Treatment of Disabled Travelers Using Wheelchairs
The Transportation Department issued the fine after an investigation revealed “cases of unsafe physical assistance that at times resulted in injuries and undignified treatment of wheelchair users.”Top stories - The New York Times - October 23 -
US airline pilot caught with stun gun at Edinburgh Airport
Ryan Cecil was fined £8,500 after claiming he accidentally left the weapon in his luggage.Top stories - BBC News - October 23 -
American Airlines to pay $50 million penalty for mistreatment of disabled fliers
American Airlines’ stock falls after $50 million settlement with DOT over mistreatment of disabled passengers.Business - MarketWatch - October 23 -
American Airlines fined $50M over wheelchair access, damage
The Department of Transportation (DOT) issued a $50 million penalty to American Airlines on Wednesday for mistreating passengers with disabilities. The agency alleges the company provided improper ...Politics - The Hill - October 23 -
American Airlines Fined $50 Million Over Treatment of Passengers With Disabilities
The carrier said its mishandling rate for wheelchairs and scooters has dropped by 20% in recent years as it invests in new equipment and practices.Business - The Wall Street Journal - October 23 -
American Airlines Cracks Down on ‘Gate Lice’ With New Boarding System
American Airlines is testing a technology platform that will produce a sound when a passenger attempts to board a flight ahead of the assigned group.Business - The New York Times - October 24
