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Business

FedEx hikes 2023 earnings forecast as cost-cutting initiatives

In this photo FedEx logo is seen in Washington D.C., United States on February 16, 2023. Celal Gunes | Anadolu Agency | Getty Images FedEx on Thursday hiked its full-year earnings forecast as it said cost-cutting measures offset continued demand weakness at units including FedEx Express. FedEx now… Read Full Article Here CNBC

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US

Man arrested after allegedly trying to open emergency door on

CNN  —  A Massachusetts man was arrested for allegedly attempting to stab a flight attendant in the neck with a broken metal spoon three times during a flight from Los Angeles to Boston on Monday, after attempting to open an… Read Full Article Here CNN

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Business

Delta pilots wrap voting on new contract with big raises

A pilot walks past the windows at the newly renovated Delta terminal D at LaGuardia Airport in New York March 6, 2021. Timothy A. Clary | AFP | Getty Images Delta Air Lines pilots on Wednesday will wrap up voting on a new contract that includes 34% raises over four years and other improvements as… […]

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Business

Spring break gets pricey as travelers return to old booking

Spring break travel demand is picking up, driving up airfare and hotel rates. Travel app Hopper said in a report last week that domestic airfare is averaging $264 a round trip for March and April, up 20% from a year ago and 5% above pre-pandemic levels. Airlines, grappling with pilot shortages and aircraft delivery delays, […]

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Business

United Airlines, five other companies launch effort to develop

A United Airlines passenger plane takes off from Frankfurt Airport. The airport, which is operated by fraport, is one of the most important hubs in Europe. Jana Glose | Picture Alliance | Getty Images United Airlines and five corporate partners are launching a venture capital fund to invest in startup firms and technology developing and […]

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Business

Covid’s ‘legacy of weirdness’: Layoffs spread, but some employers

A sign for hire is posted on the window of a Chipotle restaurant in New York, April 29, 2022. Shannon Stapleton | Reuters Job cuts are rising at some of the biggest U.S. companies, but others are still scrambling to hire workers, the result of wild swings in consumer priorities since the Covid pandemic began […]

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Business

United says it will make it easier for families to book seats

A United Airlines plane departs the Newark International Airport, in Newark, New Jersey, on January 11 2023. Kena Betancur | Afp | Getty Images United Airlines said Monday that new technology will open up more seats on its flights so children can sit with an adult in their party without paying a fee, a type […]

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Business

Can Southwest Airlines fix its tech problems? We asked aviation

Genaro Molina | Los Angeles Times | Getty Images Will the majority of travelers forgive Southwest Airlines and start buying tickets on the major U.S. air carrier again? To answer the question, it helps to have a deep knowledge in commercial aviation information technology operations, which safe to say, is not something most travelers possess […]

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Business

FAA chief tells Senate that new procedures will avoid repeat of

An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Images Federal Aviation Administration acting Administrator Billy Nolen told a Senate panel Wednesday that new procedures will avoid a repeat of events that […]

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Business

Amazon scales back cargo flying as demand cools, contractor says

An Amazon-branded Boeing 767 freighter, nicknamed Amazon One, flies over Lake Washington during the Seattle Seafair Air Show on Aug. 5, 2016 in Seattle. Getty Images One of Amazon‘s key air cargo operators said Monday that the e-commerce giant is scaling back on flights this year, citing lower demand and slower economic growth. Air Transport […]