Alaska Airlines CEO says loose bolts found on ‘many’ planes
Alaska Airlines' CEO has dumped Boeing following recent near-disasters, revealing loose bolts were found in “many” of the airline's 737 MAX 9 planes. CEO Ben Minicucci said new internal inspections of Boeing models in the company's fleet revealed bolts on “many” of the planes had come loose. “I'm angry. I feel more than frustrated and […]
Porter Airlines pilot blocked disabled man from boarding flight, claimed he was ‘dangerous threat’ due to wheelchair batteries
A Canadian airline pilot falsely told a man using a power wheelchair that he could not board the plane because the battery connected to his mobility aid posed a “dangerous threat,” according to reports. Ken Harrower said a Porter Airlines pilot asked about his power chair and stopped him from boarding at Calgary International Airport […]
Southwest Airlines flight attendants’ union OKs strike
The union representing Southwest Airlines flight attendants voted Tuesday to authorize a strike after its members rejected a contract agreement the union proposed in December. Transport Workers Union (TWU) Local 556 announced For the first time in history, 98 percent of members voted to authorize a strike.union represents Southwest Airlines has more than 15,000 flight […]
United Airlines CEO lashes out at Boeing over Alaska Airlines panel
United Airlines' chief executive has threatened to eliminate Boeing after the near-catastrophic Alaska Airlines door explosion that grounded the company's Max 9 planes. United CEO Scott Kirby: “I think the Max 9 grounding was probably the straw that broke the camel's back.'' He spoke on CNBC's “Squawk Box” Tuesday morning. Kirby lamented the fact that […]
Stocks making the biggest moves premarket: Coinbase, TKO Group, United Airlines, D.R. Horton and more – CNBC
Check out the companies that are trending in pre-market trading. Coinbase — The cryptocurrency exchange fell nearly 4% after JPMorgan downgraded it to underweight early Tuesday. The bank said 2024 could be a tough year for Coinbase as enthusiasm for spot Bitcoin ETFs wanes. General Electric — General Electric shares fell nearly 7% in the […]
Southwest Airlines pilots agree to 5-year, $12B labor deal
Southwest Airlines announced Monday that its pilots have approved a new collective bargaining agreement that includes pay increases of about 50% over five years. The roughly 11,000 pilots in the Southwest Airlines Pilot Association have been negotiating for better pay, severance benefits, disability insurance and an overhaul of the scheduling process after their contracts ended […]
FAA tells airlines to check door plugs on second Boeing plane
Jeff Sica, founder of Circle Squared Alternative Investments, discusses whether Boeing stock is a buy for Barney & Company. The US Federal Aviation Administration is currently reviewing the Boeing 737-9 MAX aircraft, which has been grounded following the Alaska Airlines accident on January 5th, and is asking airlines to issue a review of the Boeing […]
Fired flight attendant blasts airline’s ‘DEI push,’ alleges religious discrimination in lawsuit
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‘SNL’ pokes fun at Alaska Airlines following midair blowout
“Saturday Night Live” returned from its winter hiatus to poke fun at Alaska Airlines' response to a recent flight in which a panel exploded while flying over Oregon earlier this month. Between First episode of the new year, “SNL” aired a mock commercial for the airline starring Heidi Gardner, Jacob Elordi and Kenan Thompson, sharing […]
JetBlue, Spirit Airlines to appeal judge’s ruling that blocked $3.8B merger
JetBlue Airways and Spirit Airlines announced Friday that they will appeal a federal judge's ruling that blocked the airlines' planned merger, saying it violated U.S. antitrust laws. The appeal comes after U.S. District Judge William Young in Boston ruled Tuesday that JetBlue's $3.8 billion plan to acquire ultra-low-cost airline Spirit was anticompetitive and would harm […]