Latest in Airlines Cuts Jobs
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Allegedly intoxicated Southwest Airlines pilot arrested at airport ahead of flight
Southwest Airlines confirmed the pilot had been removed from duty and apologized to customers whose travel plans were disrupted.ABC News - 2h -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - 6h -
U.S. Sues Southwest Airlines Over Chronic Delays
The Transportation Department said in a lawsuit that two of the airline’s routes were consistently delayed in violation of federal rules.The New York Times - 1d -
Overbooked Flight? What to Know If an Airline Bumps You
When airlines sell more tickets than available seats, passengers can get kicked off their flights — whether they want to or not.The New York Times - 1d -
Coyote strike on the runway forces United Airlines flight back to Chicago's O'Hare
A United Airlines passenger jet struck a coyote during takeoff in ChicagoABC News - 7h -
Pakistani airline is criticized over ad accused of evoking 9/11 attacks
The prime minister of Pakistan has ordered an investigation over an ad by the country’s flag carrier that was criticized as resembling the Sept. 11, 2001, terrorist attacks.NBC News - 9h -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - 11h -
BP to cut 4,700 jobs and 3,000 contractor roles to help save £1.6bn
Oil company to lose 5% of its staff in effort to cut costs amid shareholder worries over green energy strategy. BP is to cut thousands of jobs from its global workforce, amounting to 5% of its ...The Guardian - 11h -
BP to cut 4,700 jobs to reduce costs
The job losses at the oil giant will affect more than 5% of its global workforce.BBC News - 11h -
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - 12h -
Southwest Airlines pilot accused of DUI is arrested at Georgia airport before flight
A Southwest Airlines pilot was arrested at a Georgia airport and accused of DUI on Wednesday.NBC News - 23h -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - 1d -
Pakistan Orders Inquiry After Complaints That Airline Ad Evoked 9/11
An advertisement meant to celebrate the resumption of flights to Paris showed a jet pointed toward the Eiffel Tower.The New York Times - 2d -
Airlines turn to incoming government to resolve Ireland’s airport cap row
Industry hopes Dublin will resolve a long-running dispute caused by local planning restrictionsFinancial Times - 2d -
American Airlines ESG investing strategy violated federal law, judge rules
A federal judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully incorporated environmental and sustainable governance (ESG) factors into its ...The Hill - 3d -
Gazprom considers record job cuts as Ukraine war ravages finances
Russian energy group hit by plummet in European gas sales and oil sanctions, putting 1,600 jobs on lineFinancial Times - 3d -
Baby gorilla rescued from hold of Turkish Airlines plane
Five-month-old, now named Zeytin, was found in a box on a flight that was travelling from Nigeria to Thailand. A young gorilla rescued from a plane’s cargo hold is recovering at an Istanbul zoo, ...The Guardian - 3d -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - 5d -
Airlines extend travel waivers due to LA wildfires
Airlines are waiving change fees and fare differences for Los Angeles-area flights due to wildfires.CNBC - 6d -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - 6d -
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - 6d -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - 6d -
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.CNBC - 6d -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - 6d -
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.NBC News - Jan. 9 -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - Jan. 9 -
Microsoft confirms performance-based job cuts across departments
Microsoft said it's cutting a small percentage of jobs across departments, based on performance.CNBC - Jan. 9 -
Former United Airlines employee called anti-Asian slurs and assaulted on job, settlement says
United Airlines will pay $99,000 to settle a federal discrimination case in which an Asian American employee alleged that a supervisor called him an anti-Asian slur, told him to pull up his mask ...NBC News - Jan. 8 -
Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premisesFinancial Times - Jan. 8 -
Chinese airlines rush into Europe as western carriers retreat
Ability to keep flying over Russia helps three big state-owned carriers undercut European rivalsFinancial Times - Jan. 8 -
American Airlines’ stock snags three upgrades to reflect better backdrop in 2025
Analysts say headwinds from 2024 were transitory.MarketWatch - Jan. 7 -
United Airlines rolling out Elon Musk's Starlink Wi-Fi this spring
United Airlines plans to launch its first commercial flight with Starlink Wi-Fi this spring after accelerating its timeline for the new internet service, the company announced Sunday. The carrier ...The Hill - Jan. 6 -
What went wrong for Spirit Airlines?
Spirit Airlines hasn't had a profitable year since 2019, and it's lost more than $2 billion since 2020. It filed for bankruptcy protection in November.CNBC - Jan. 5 -
Major airlines offer storm waivers to passengers ahead of winter storm
American, JetBlue, Southwest and United are offering passengers waivers to reschedule flights ahead of Winter Storm Blair.CBS News - Jan. 3 -
These airlines were the most on time in 2024, analysis finds
Delta ranked highest among U.S. carriers despite a computer outage in July that caused thousands of cancellations.CBS News - Jan. 3 -
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These airlines were the most on time in 2024
Supply chain issues and strong travel demand continued in 2024.CNBC - Jan. 2 -
South Korean Police Raid Offices of Airline, Airport Involved in Plane Crash
The search warrant lists charges of professional negligence resulting in death, after 179 people were killed on a Jeju Air flight.The Wall Street Journal - Jan. 2 -
Passengers Say Turkish Airlines Flights Have Bedbugs
Passengers on several of the carrier’s flights said the biting pests were on seats, blankets and in overhead bins and that the airline did not take action.The New York Times - Jan. 1 -
Secrets of an airline points millionaire
How far will you travel to collect Avios and EuroBonus points in 2025?Financial Times - Jan. 1
