DIRS.INFO The most relevant business & tech news

☆ Boeing has lost $32 billion since 2019, with no end in sight. How long can it keep losing money?
▼ + stars: | 2024-05-03 | by ( Chris Isidore | ) edition.cnn.com time to read: +7 min

New York CNN —Few companies have lost more than the $32 billion that Boeing has lost in the last five years. There’s a lot of work in front of us, but I’m proud of our team and remain fully confident in our future.”It’s not that Boeing’s problems aren’t serious. And the massive losses have resulted in the company’s debt level soaring, from $13 billion at the end of 2018 to $48 billion now. Even if customers could get their hands on Airbus jets right away, there are huge costs for Boeing customers to operate both their existing Boeing jets and a fleet of comparable Airbus planes at the same time. So after Alaska Air purchased Virgin America in 2016, it got rid of the Airbus jets Virgin was flying and became an all-Boeing airline.

Persons: “, ”, Richard Aboulafia, Ron Epstein, Dave Calhoun, ” It’s, Max, Uber, Brian West, “ We’re, Ben Minicucci, Calhoun, Epstein Organizations: New, New York CNN, Boeing, Bank of America, Alaska, Alaska Airlines Boeing, Max, Carnival Corp, Airbus, Airline, Alaska Air, Virgin America, Virgin, year’s, GM Locations: New York, it’s

☆ Airline pilots at Delta, American, and United can make more than $500K a year — here's how their pay compares
▼ + stars: | 2024-04-05 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

Three major airlines, American, Delta, and United, offer similar captain base pay of up to $447 an hour. AdvertisementCommercial-airline pilots have become some of the highest-paid workers in the US thanks to a suite of post-pandemic pay raises. These pilots earn hundreds of dollars for every hour of flight time, with pay increasing with every year of seniority. These hours pay the same rate and have guaranteed minimums of 70 to 75 hours, depending on the airline, according to the Air Line Pilots Association. Related storiesHere's a breakdown of the base pay pilots at American, Delta, and United earn per hour of payable time, according to contracts sent to Business Insider from the airline or its union.

Persons: —, Tim Boyle, ALPA, Nicolas Economou Organizations: United, Service, American Airlines, Delta Air Lines, United Airlines, Bureau of Labor Statistics, Delta, Airbus, Boeing, Veterans, American, Airline, Getty, Air Line Pilots Association, Business, Delta Air Lines Delta Airlines Airbus, United Airlines Boeing Locations: Europe, Americas, South Africa, Japan, Australia

☆ Airline pilots at Delta, American, and United can make more than $500k a year — here's how their pay compares
▼ + stars: | 2024-04-05 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

Recent pay raises have made commercial airline pilots some of the highest-paid workers in the US. The 3 major airlines, American, Delta, and United, all offer similar base pay for captains of up to $447 per hour. AdvertisementCommercial airline pilots have become some of the highest-paid workers in the US thanks to a suite of post-pandemic pay raises. Airline pilots at Delta and United have gotten heft profit-sharing in recent years. These hours pay the same rate and have guaranteed minimums of 70-75 hours, depending on the airline, according to the Air Line Pilots Association.

Persons: —, Tim Boyle, ALPA, Nicolas Economou, widebodies, Boeing narrowbodies Organizations: Service, American Airlines, Delta Air Lines, United Airlines, Bureau of Labor Statistics, Delta, Airbus, Boeing, Veterans, American, United, Airline, Getty, Air Line Pilots Association, BI, Delta Air Lines Delta Airlines Airbus, United Airlines Boeing Locations: Europe, Americas, South Africa, Japan, Australia, widebodies

☆ I've been a Southwest pilot for 33 years. The loneliness affects my mental health, but I've learned tricks for coping.
▼ + stars: | 2024-03-27 | by ( Jen Glantz | ) www.businessinsider.com time to read: +8 min

Robert Graves started flying in the Air Force and has been a Southwest Airlines pilot for 33 years. On an average day, I'll pilot three to five flights. When I'm away as a pilot, I'm by myself, but when I'm back home, I'm a husband and a dad to four kids. I rarely know the other pilot I'm flying with. If that's the case, I'll spend the night grabbing dinner, going to the gym, taking a walk, or exploring the city alone.

Persons: Robert Graves, —, I'm, I've, Dale Carnegie, I'd, we'll, walkable downtowns, we're, That's, It's Organizations: Air Force, Southwest Airlines, Service, FAA Locations: layovers, Japan, Nashville, Baltimore, San Diego

☆ Don Lemon tells Elon Musk that X replies 'are not necessarily fact' after the tech billionaire uses them to defend his DEI stance
▼ + stars: | 2024-03-16 | by ( Hannah Getahun | Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Elon Musk cited his X replies when defending his stance on DEI in the aviation industry to Don Lemon. Lemon told Musk that X replies "are not necessarily fact and evidence." Musk replies no — he just thinks the standards shouldn't be lowered. Related storiesMusk then told Lemon to "watch the replies" on his social media for evidence. AdvertisementFollowing the January Boeing incident, Musk decried goals set by United Airlines' pilot training academy, United Aviate Academy, to have "50% of enrolled students who are women and/or people of color."

Persons: Elon Musk, Don Lemon, Lemon, —, Elon, Musk, Tucker Carlson, Carlson, Mark Cuban Organizations: Service, CNN, Boeing, Twitter, National Transportation Safety Board, Federal Aviation, United Airlines, United Aviate Academy, Cuban, Business

☆ On the 5th anniversary of a fatal 737 Max crash, victims’ families want more focus on Boeing’s potential safety problems
▼ + stars: | 2024-03-10 | by ( Chris Isidore | ) edition.cnn.com time to read: +12 min

Even though the same jet model had crashed soon after taking off from Indonesia less than six months earlier, aviation authorities around the world had allowed the 737 Max to keep flying with passengers. A third incidentThis year, on January 5, a part of a 737 Max 9 flown by Alaska Airlines blew out, leaving a gaping hole in the side of the plane. Boeing’s production problems went beyond the design flaw that led to the crashes. “Within days of the first crash, Boeing knew there was a design defect,” Robert Clifford, one of the plaintiff attorneys in the case, told CNN. Last month, Boeing removed executive Ed Clark, the head of its 737 Max passenger jet program.

Persons: New York CNN — Michael Stumo’s, Samya Rose Stumo, ”, “, ” Michael Stumo, Michael Stumo Samya Rose, Max, Michael Stumo, We’d, ” Stumo, ” Zipporah, Joseph, ‘ something’s, ’ ” Joseph Kuria, Olivia Kuria, “ It’s, haven’t, Kruia, ” Kuria, ” Robert Clifford, people’s, Olivier Douliery, Dave Calhoun, Ed Clark, Stephen Brashear, Eduardo Soteras, David Calhoun, Mike Delaney, ” Joseph, Zipporah, Dennis Muilenburg, Calhoun, Stumo, “ I’m, Kuria, there’s Organizations: New, New York CNN, Boeing, Max, CNN, Copenhagen School of Public Health, Ethiopian, Alaska Airlines, National Transportation Safety Board, Alaska, Federal Aviation Administration, Transportation Safety Board, NTSB, Alaska Airlines Flight, Alaska Air, ”, US Justice Department, FAA, Justice Department, Getty, Ethiopian Airlines, Lion Air, Airline Pilots, Association of Ethiopia Locations: New York, Addis Ababa, Ethiopia, Kenya, Indonesia, Alaska, Portland , Oregon, Arlington , Virginia, AFP, ”, Renton , Washington, Washington

☆ Pilots got their payday. Now flights attendants are pushing airlines for higher wages
▼ + stars: | 2024-02-13 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

CHICAGO, ILLINOIS - JANUARY 24: American Airlines workers picket at O'Hare International Airport on January 24, 2023 in Chicago, Illinois. The workers, mostly flight attendants with the Association of Professional Flight Attendants (APFA), were picketing to demand better working conditions as their contract negotiations continue. (Photo by Scott Olson/Getty Images)Airline pilots won pay raises worth billions of dollars in new labor deals last year. Flight attendants from United Airlines , American Airlines , Southwest Airlines , Alaska Airlines and others picketed Tuesday at dozens of airports around the U.S., demanding higher wages and a better quality of life. American and other carriers told CNBC they are optimistic that they will reach agreements with their flight attendants in the coming months.

Persons: Scott Olson, Sara Nelson Organizations: American Airlines, Association of Professional, United Airlines, Southwest Airlines, Alaska Airlines, Association of Flight, CWA, United, autoworkers, UPS, haven't, CNBC, Labor Locations: CHICAGO , ILLINOIS, Chicago , Illinois, United, U.S

Most U.S. adults believe that air travel is generally safe in the U.S., despite some doubts about whether aircraft are being properly maintained and remain free from structural problems. About 7 in 10 U.S. adults say planes are a “very” or “somewhat” safe method of travel, according to a new poll from The Associated Press-NORC Center for Public Affairs Research. Slightly fewer than half — 45% — have “a great deal” of confidence in pilots' training, while 38% say that about air traffic controllers. About one-quarter of U.S. adults have a high level of confidence that air travel is safe from terrorist attacks, or that government agencies have enacted necessary safety regulations. Randi Niedfeldt, a retired physician assistant in Wisconsin, has a great deal of confidence in the planes, despite the recent incidents.

Persons: ”, Margaret Burke of, Burke, “, can’t, Sherry Kohn, ” Kohn, Randi Niedfeldt Organizations: Associated Press, NORC, for Public Affairs Research, Alaska Airlines Boeing, Max, Federal Aviation, Alaska Airlines, U.S . Department of Transportation, Airline, Boeing Locations: U.S, Oregon, Alaska, Margaret Burke of Pensacola , Florida, California, Pennsylvania, vacuums, Wisconsin

☆ As baby boomers hit 'peak 65' this year, what the retirement age should be is up for debate
▼ + stars: | 2024-02-08 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

A fight is brewing in Washington over whether the mandatory retirement age for airline pilots should be raised from 65. The debate comes as baby boomers more broadly are reaching "peak 65" — the biggest number of Americans reaching that age in history. Age 65 has traditionally been thought of as retirement age. In France last year, pension reforms that raised the retirement age from 62 to 64 sparked fierce protests. In the U.S., the Senate is expected to mark up a Federal Aviation Administration reauthorization bill that will consider the pilots' retirement age.

Persons: Barry Kendrick Organizations: Alliance for Lifetime, Social Security, Finance, Federal Aviation Administration, Congress, Air Line Pilots Association Locations: Washington, U.S, France

☆ Mandatory retirement ages for boards and CEOs. What you need to know
▼ + stars: | 2024-01-21 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +9 min

Boards are most likely to have mandatory retirement age policiesHaving a mandatory retirement policy for board members is up to the discretion of individual companies. “In 2023, 69% of [S&P 500] boards reported having a mandatory retirement policy — down one point from 2022,” according to an August 2023 report from executive search firm Spencer Stuart. Many other public safety occupations do have mandatory retirement ages. The whys behind mandatory retirement agesThere may be varied stated reasons for having a mandatory retirement age, such as opening up the pipeline for younger talent to have more opportunities. For that reason, advocates for older workers, like the AARP, contend all mandatory retirement ages should be eliminated, even for demanding jobs involving public safety.

Persons: Al Gore, Russell, —, Berkshire Hathaway’s Warren Buffett, Spencer Stuart, ”, Matteo Tonello, Tonnello, Tonello, Brian Cornell, Dave Calhoun, Thomas McKinney, McKinney, “, Mary O’Neill, ” O’Neill Organizations: New, New York CNN, Former, Berkshire, Conference Board, Corporate America, The Conference Board, Boeing, American College of Surgeons, Capitol Police, U.S ., Personnel Management, Commission, AARP Locations: New York, Corporate America, Corporate, Calhoun, Castronovo, McKinney, , New Jersey, —, Federal, New York State

☆ Some airline pilots carry plane trading cards — here's how to get one
▼ + stars: | 2023-12-02 | by ( Jordan Hart | Taylor Rains | ) www.businessinsider.com time to read: +5 min

Many people have learned through viral social media posts that Delta Air Lines and Frontier Airlines' aircraft trading cards. AdvertisementMany people are finding out about aircraft trading cards from viral social media posts, but some enthusiasts have collected them for years. Frontier has its own trading cards and wants you to "collect them all"Frontier's trading cards feature facts about animals and the aircraft they're depicted on. JetBlue confirmed to BI that they no longer offer trading cards today, but the airline released a set of 15 different aircraft cards in 2011. "Our pilots don't carry trading cards on hand," a United spokesperson told BI.

Persons: —, Taylor Rains, they're Organizations: Delta Air Lines, Frontier Airlines, Delta, Business, Service, Boeing, Ebay, Frontier, Frontier Frontier, Frontier Airlines BI, JetBlue Airways, United Airlines, Spirit Airlines, American Airlines, Southwest Airlines, JetBlue, BI, United Locations: Virginia

☆ Southwest, pilots' union nearing preliminary labor deal - source
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +1 min

Southwest airline pilots approach to land at San Diego International airport in San Diego, California, U.S., May 18, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsDec 1 (Reuters) - Southwest Airlines (LUV.N) and its pilots' union were nearing a new labor deal ahead of the holiday season, a person familiar with the negotiations said on Friday. The company remains committed to reaching a deal that rewards its pilots and places them competitively in the industry, it added. Earlier this year, major carriers American Airlines, Delta, and United Airlines successfully reached agreements with their respective pilot unions. CNBC first reported that Southwest was nearing a new contract with the union.

Persons: Mike Blake, Pratyush Thakur, Rajesh Kumar Singh, Krishna Chandra Eluri, Arun Koyyur Organizations: San Diego International, REUTERS, Southwest Airlines, Southwest, Transport Workers Union Local, American Airlines, United Airlines, CNBC, Thomson Locations: San Diego , California, U.S, Delta, Bengaluru, Chicago

☆ Trump’s avalanche of dishonesty: Fact-checking 102 of his false claims from this fall
▼ + stars: | 2023-12-01 | by ( Daniel Dale | ) edition.cnn.com time to read: +111 min

Below is a fact check of 102 of Trump’s false claims from the 12 speeches. But contrary to Trump’s claim, it’s not true that people had been attempting for decades to create such an initiative. Trump’s aid to farmersIn speech after speech, Trump claimed that he had given US farmers $28 billion from China. Even if the poll result is off, it’s clear that Trump’s claim that “nobody wants them” is not true. He said he was an airline pilot.”Facts First: Trump made a false claim while mocking Biden for making false claims.

Persons: Donald Trump, –, Trump, Joe Biden, Biden, Ron DeSantis, Nikki Haley, “, ”, Mexico’s, ‘ Trump, Defense Department –, ” Theresa Cardinal Brown, CNN’s Priscilla Alvarez, ” Trump, I’ve, Todd Harrison, Harrison, It’s, Trump’s, ” Ben Cahill, Nobody, Jimmy Carter’s, Barack Obama, isn’t, El Salvador –, Obama, we’d, Obama’s, Webster, Covid, Wuhan ”, They’d, they’d, you’d, Scott Gottlieb, ” Gottlieb, Trump Trump, it’s, Abraham, Aaron David Miller, Miller, Dana El Kurd, Qasem Soleimani, they’ve, we’re, We’re, ’, Iran haven’t, ” Matt Smith, Biden’s, Smith, Ali Vaez, Kpler, Biden Trump, Iran “, Democrats ”, that’s, Jimmy Carter, Carter “, Carter, ‘, Hillary Clinton, Kari Lake, Bill Gates, Gates, ” Chris Wallace, Chris Wallace, Hunter Biden, “ Chris Wallace, ‘ He’s, ‘ ” Trump, Wallace, “ you’re, “ Biden, ‘ You’re, Wallace interjected, Rather, you’ve, ’ ” Pavel Molchanov, Raymond James &, ” Molchanov, Tim Woody, Woody, autoworkers, CNN’s Ella Nilsen, Joe Biden’s, Erin Mellon, Gavin Newsom, Mellon, ” Vonette Fontaine, Biden “, CNN’s Matt Egan, Egan, ” Biden, Europe Trump, United Kingdom “, Brent, Pavel Molchanov, Raymond James, Patrick De Haan, GasBuddy, De Haan, Matt Smith, Matt Egan, Afghanistan Trump, we’ve, Krista Wiegand, Wiegand, ” Netanyahu, Benjamin Netanyahu, Israel, Qasem, Bibi, Netanyahu, Soleimani, Asad, Mark Milley, Hezbollah Trump, Steven Cheung, John Kirby, Cheung, Kirby, Iran’s, ” Ali Vaez, Joseph Amon, Washington –, Faiq Zidan, Zidan’s, Zidan, Abu Mahdi al, China Trump, Ukraine Trump, Letitia James, James, Attorney Alvin Bragg, Matthew Colangelo, You’re, Bragg, Colangelo, Tanya Chutkan, I’m, Jack Smith, Bill Clinton, That’s, everybody’s, Letitia James –, Al Capone’s, Al Capone, Capone, Brad Schwartz, CNN couldn’t, Schwartz, Eliot Ness, MAGA, “ MAGA, …, White, CNN’s Fareed Zakaria, Inflation Trump, Bacon, Joe, PolitiFact, Trump . Howard Gleckman Organizations: Washington CNN —, CNN, Republican, Trump Trump, Republican Jewish Coalition, Department, ISIS, Trump’s, Democratic, Congress, Defense Department, former Defense Department, Center, US Customs, Trump, American Enterprise Institute, Air Force, Army, Navy, Marine Corps, Strategic Petroleum Reserve, Energy Security, Center for Strategic, International Studies, US, IHS, Islamic, The State Department, Customs Enforcement, Policy Institute, ICE, El Salvador, ”, Merriam, The New York Times, Food and Drug Administration, FDA, Abraham Accords, United Arab Emirates, West Bank, Hezbollah, State Department, Carnegie Endowment, International, Arab Center Washington DC, Islamic Revolutionary Guards Corps Quds Force, Obama, US International Trade Commission, Washington Post, U.S . International Trade Commission, New England lobstermen, England lobstermen, Americas, Crisis, government’s Energy, Administration, Washington Free Beacon, Energy Information Administration, Democrats, Biden, Electoral, Georgia, Michigan, Carter, Democrats can’t, Republicans, Alabama, Arizona, Fox News, ” Energy, Oceanic, Atmospheric Administration, NOAA, Wildlife, Alaska Industrial Development, Export Authority, Raymond James & Associates, Wilderness Society, Cox Automotive, Pew Research Center, New York Times, National Oceanic, California Gov, California, American Petroleum Institute, Union, West, Energy, American Automobile Association, AAA, GasBuddy, New Hampshire, Houston, Keystone XL, Obama administration’s State Department, –, Foreign, Military, DoD, Afghan, Defense, Policy, Taiwan News, “, University of Tennessee’s Center for National Security, Foreign Affairs, Israeli, NBC, Jerusalem Post, Yahoo, Pentagon, ” CNN, Joint Chiefs, Staff, Post, National Security, Group, US government’s Defense Intelligence Agency, Narcotics Bureau, Global Health, Drexel University Dornsife School of Public Health, Justice Department, Washington, Judicial, Popular Mobilization Forces, Customs and, Middle East, Customs, Protection, CBP, Border Protection, Kiel Institute, European Union, New York, New, ExxonMobil, Trump University, Trump Foundation, Manhattan, Attorney, federal Justice Department, Department of Justice, Washington DC, Presidential Records, Presidential, Mar, Biden White, MAGA Republicans, Inflation, Heritage Foundation, Trump ., Brookings Tax, Urban Institute Locations: New Hampshire, New York City, Saudi, Florida, al Qaeda, New York, Texas, Iowa, Mexico, “, U.S, Houston, Iraq, Israel, Tel Aviv, Jerusalem, Nord, Germany, Russian, Trump’s, Russia, Ukraine, Europe, Guatemala, Honduras, El Salvador, El, Washington, ”, ” In Texas, Covid, China, Wuhan, Italy, France, Abraham, Bahrain, Morocco, Sudan, Gaza, Lebanon, Syria, Iran, Yemen, Libya, Palestine, Afghanistan, Somalia, Pakistan, New England, England, Kpler, Malaysia, Oregon, Alabama, Maricopa County, Arizona, Arizona’s, Moscow, Alaska, East, South Carolina, California, “ California, West Virginia, Virginia, United Kingdom, West Texas, “ U.S, Los Angeles, Venezuela, Mississippi , Louisiana, Canada, United States, Paris, Taiwan, “ China, Iranian, that’s, –, Singapore, Iraqi, San Diego, Kiel, York, Manhattan, York’s, Chicago, Philadelphia, Georgia, Qaeda

Labor union leaders said Thursday they are paying close attention to what the libertarian president-elect says and what they are hearing is in opposition to their interests. “In the moment they move forward with reforms related to labor rights, both individual and collective, and when the labor organizations affected by these adjustments request it, the CGT will take a stance,” Dear said. “We expect absolutely nothing from Javier Milei.”Catalano was one of the representatives of labor unions and social organizations who joined the Mothers of Plaza de Mayo in their weekly march in downtown Buenos Aires Thursday. There’s also concern among human rights organizations about a potential setback in policies that allowed for the prosecution of perpetrators of crimes against humanity during the dictatorship. Leaders of leftist social organizations also held a meeting Thursday to discuss their response to Milei’s policies and “a plan for struggle against austerity” that will involve street protests.

Persons: Javier Milei, ” Héctor, Pablo Biró, Milei, ”, ” Daniel Catalano, ” Catalano, There’s, “ it’s, Nicolás Saldías, ” Sadias, —, Débora Rey Organizations: Labor, Confederation, Airline Pilots Association, Aerolineas Argentinas, Milei, State Workers ’ Association, de Mayo, Economist Intelligence, Latin, Associated Press Locations: BUENOS AIRES, Argentina, “, Buenos Aires, Latin America, Caribbean, ” Argentina

☆ Unions are the strongest in decades. Nearly a million Americans got double-digit raises as a result
▼ + stars: | 2023-11-21 | by ( Chris Isidore | ) edition.cnn.com time to read: +12 min

New York CNN —Nearly 900,000 Americans sitting down to Thanksgiving dinner this week will have unions – and the double-digit pay increases they won – to thank. The strike lasted more than six weeks before the union won contracts it was seeking from all three unionized US automakers. The unions won significant pay increases and job protections they were seeking. And even with some of the contracts that pass, some union members offer significant opposition, believing they could have negotiated for even more. The union won a contract approved by 86% of membership who voted on ratification.

Persons: “, ”, Wheaton, Emily Elconin, David Paul Morris, Stellantis, Kate Andrias, Mike Blake, It’s, Greg Regan, ” Regan, Heidi Shierholz, union’s, Cornell’s Wheaton, That’s, EPI’s Organizations: New, New York CNN, CNN, Cornell University’s School of Industrial and Labor Relations, United Auto Workers, General Motors, Ford, Kaiser Permanente, Ford Motor Co, Michigan Assembly, Bloomberg, Getty, Writers Guild, SAG, Teamsters, UPS, Culinary, Los, Pilots, American, United, Southwest, The, Professional, American Airlines, FedEx, United Airlines, San Francisco International Airport, Detroit, MGM Entertainment, UAW, Big, GM, Labor, Columbia Law, Motors, Workers, AFL, Economic Policy Institute, Labor Department, Union, Toyota, Honda, Hyundai, Starbucks, Starbucks Workers United, ” Locations: New York, Buffalo, Kaiser, Michigan, Wayne , Michigan, DisneyWorld, Los Angeles, Vegas

Yet according to a raft of polls and surveys, most Americans hold a glum view of the economy. Polls consistently show that most Americans disapprove of Biden's handling of the economy. I hear that from my family.”That's particularly true for some of the goods and services that Americans pay for most frequently: Bread, beef and other groceries, apartment rents and utilities. “Partly because the country is more polarized.”Even so, many Americans, like Charles, are still feeling the pain of inflation. Even if it does, the higher pay may come with a time lag.

Persons: they’re, Joe Biden, Lisa Cook, Cook, ”, Wendy Edelberg, Katherine Charles, Charles, “, ” Charles, Maximus, Eileen Cassidy Rivera, ” Rivera, Karen Dynan, George W, Bush, Obama, Edelberg, ” Edelberg, haven't, Brad Hershbein, Anthony Murphy, Murphy, Aparna Jayashankar, ” Hershbein Organizations: WASHINGTON, Associated Press, NORC, for Public Affairs Research, Federal Reserve's Board of Governors, Duke University, “, Brookings Institution, Medicare, Affordable, Teamsters, Biden, House, Republicans, University of Michigan's, Harvard, Upjohn Institute, Federal Reserve Bank of Dallas Locations: U.S, Tampa , Florida, autoworkers, ”

☆ The off-duty pilot accused of trying to crash an Alaska Airlines flight wouldn't get anti-depressants because he was scared of losing his job, his wife said
▼ + stars: | 2023-11-10 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +3 min

An off-duty pilot accused of trying to crash a plane refused to take antidepressants, his wife told NYT. AdvertisementAdvertisementAn off-duty pilot facing attempted murder charges after being accused of trying to crash a plane had refused to get antidepressants because he was afraid of losing his job, his wife told The New York Times. Emerson told the New York Times in an interview that he'd consumed psychedelic mushrooms two days before the incident. Emerson said the trip was during a weekend getaway with his friends to commemorate the death of his best friend, The New York Times reported. The Times reported that the loss prompted Emerson to seek help for mental health issues.

Persons: Joseph Emerson didn't, He's, —, Joseph Emerson's, Sarah Stretch, Stretch, Insider's Michelle Mark, Joe LoRusso, Emerson Organizations: Service, New York Times, Times, Federal Aviation Administration, Alaska Airlines, The Times Locations: The California, Oregon

☆ US job growth probably slowed in October due to UAW strike
▼ + stars: | 2023-11-03 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

The anticipated moderation in employment growth last month would also be pay back after September's enormous gains, the largest in eight months. The Labor Department's closely watched employment report on Friday is expected to show labor market conditions steadily easing, with annual wage growth the smallest in nearly 2-1/2 years and significant growth in the supply of workers. Manufacturing payrolls are forecast falling 10,000 after advancing 17,000 in September. Last week, the BLS reported at least 30,000 UAW members were on strike during the period it surveyed businesses for October's employment report. Wages gains would still be above the 3.5% that economists say is consistent with the Fed's 2% target.

Persons: Brian Snyder, Detroit's, Sam Bullard, payrolls, Veronica Clark, we've, Sung Won Sohn, we're, Brian Bethune, that's, Lucia Mutikani, David Gregorio Our Organizations: Taylor Party, Equipment Rentals, REUTERS, UAW, United Auto Workers, Labor, Federal Reserve, Labor Department's Bureau of Labor Statistics, Manufacturing, BLS, Citigroup, UPS, Finance, Loyola Marymount University, Boston College, Thomson Locations: Somerville , Massachusetts, U.S, WASHINGTON, Wells, Charlotte , North Carolina, New York, Los Angeles

☆ US job growth slows in October; unemployment rate rises to 3.9%
▼ + stars: | 2023-11-03 | by ( Lucia Mutikani | ) www.reuters.com time to read: +3 min

Nonfarm payrolls increased by 150,000 jobs last month, the Labor Department's Bureau of Labor Statistics (BLS) said in its closely watched employment report on Friday. The economy needs to create roughly 100,000 jobs per month to keep up with growth in the working-age population. The report could strengthen financial market expectations that the Federal Reserve is done raising interest rates for the current cycle. The labor market is the major force behind the economy's staying power, with gross domestic product recording an annualized growth pace of nearly 5% in the third quarter. But others disagreed, saying that the record-setting contracts would only become an issue for wage inflation if the Fed raised rates too high and choked off demand.

Persons: Brian Snyder, Detroit's, Lucia Mutikani, Nick Zieminski Organizations: Taylor Party, Equipment Rentals, REUTERS, Rights, United Auto Workers, UAW, Labor Department's Bureau of Labor Statistics, Reuters, BLS, Federal, UPS, Thomson Locations: Somerville , Massachusetts, U.S

☆ A former Delta copilot is accused of threatening to shoot the captain 'multiple times' if he diverted the plane due to a passenger's medical emergency
▼ + stars: | 2023-11-01 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

A former Delta first officer was indicted on a count of interference with a flight crew. Jonathan Dunn was allowed a firearm in the cockpit through the TSA's Federal Flight Deck Officer program. AdvertisementAdvertisementA first officer threatened to shoot the captain of a commercial flight if he diverted the plane due to a passenger's medical emergency, the Department of Transportation Office of Inspector General said. AdvertisementAdvertisementAccording to the inspector general, Dunn had "a disagreement" with the captain over "a potential flight diversion due to a passenger medical event." Dunn then told the captain "they would be shot multiple times" if they diverted the flight, the inspector general said.

Persons: Jonathan Dunn, —, General, Dunn Organizations: Delta, Authorities, Service, Department of Transportation, Delta Air Lines, CBS News, Transportation Security, TSA Locations: Utah

☆ Off-duty pilot accused of trying to disable jetliner faces first court hearing
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +3 min

An Alaska Airlines plane takes off from the airport in Calgary, Alberta, Canada July 10, 2023. Alaska Airlines (ALK.N) Flight 2059 was operated by Alaska Air Group's regional subsidiary Horizon Air, the carrier said. An FAA pilot database showed Emerson listed as a certified pilot who received a medical clearance last month. Aviators are expected to self-report any mental health conditions, two U.S. pilots told Reuters. The FAA told airlines in a separate notice on Monday the incident "is not connected in any way, shape or form to current world events" but said it is "always good practice to maintain vigilance."

Persons: Todd Korol, Joseph David Emerson, Emerson, Adam Silverthorne, David Shepardson, Allison Lampert, Steve Gorman, Chizu Nomiyama, Jonathan Oatis, Jamie Freed Organizations: Alaska Airlines, REUTERS, Federal Aviation Administration, FAA, Alaska Air Group's, Horizon Air, U.S, Reuters, Embraer, Aviators, The Air Line Pilots Association, NRI Flying Club, NRI, FBI, Thomson Locations: Alaska, Calgary , Alberta, Canada, Pacific Northwest, Portland , Oregon, Portland, Everett , Washington, San Francisco, Multnomah County, North America, California

☆ Why so many workers are striking in 2023: 'Strikes can often be contagious,' says expert
▼ + stars: | 2023-10-09 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

Just as Hollywood's writers and studios reached a tentative deal to return to work after nearly 150 days, a new strike was brewing. More than 75,000 health-care workers walked off the job Wednesday at Kaiser Permanente, the nation's largest non-profit health-care organization, driven in part by demands for higher pay in the midst of staffing shortages, which left employees burned out. At the same time, the United Auto Workers strike is ongoing, marking three weeks since the first-ever simultaneous walk out against the Detroit Three. In the last few months alone, striking or threatening to strike has led to a string of labor deals where UPS drivers, airline pilots and aerospace manufacturing employees have pushed for and won higher pay. "Strikes can often be contagious."

Persons: Johnnie Kallas, Kallas Organizations: Kaiser Permanente, United Auto Workers, Detroit, Finance, Cornell University's School of Industrial and Labor Relations, Labor

☆ Spirit Airlines adds new university partner to beef up pilot training pipeline as shortage persists
▼ + stars: | 2023-09-14 | by ( Drew Richardson | ) www.cnbc.com time to read: +2 min

Spirit Airlines on Thursday said it will partner with Liberty University, the 10th school that it's working with, to help beef up a pilot training pipeline as the industry continues to face a shortfall of aviators. The program will allow students pursuing aviation degrees at the university's School of Aeronautics in Lynchburg, Virginia, to apply to the company's pipeline program after completing their sophomore year. They must then complete airline pilot training programs, joining as first officers. JetBlue announced last month that its Gateway Rotor Transition Program will teach U.S.-military trained helicopter pilots to transition to airline pilots. Exceptions exist for some, such as U.S. military-trained pilots and those who attend two- and four-year programs that include flight training.

Persons: Ryan Rodosta Organizations: Airlines, Liberty University, university's School of Aeronautics, Spirit, Program, JetBlue, U.S, United Airlines Locations: Lynchburg , Virginia

☆ US asks Mexico to review cargo airline pilots' rights
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +1 min

Aug 30 (Reuters) - The United States is asking Mexico to review whether the labor rights of pilots at a small cargo airline are being infringed, the eight such request Washington has made this year, U.S. officials said on Wednesday. Since the U.S.-Mexico-Canada Agreement (USMCA) on trade took effect in 2020, the office of the U.S. Trade Representative has now launched a total of 13 labor rights complaints against facilities in Mexico. The United States wants Mexico to probe if pilots at Mas Air, a Mexico City-based cargo airline, are being denied the right to freedom of association and collective bargaining. "Today's action highlights the United States is committed to safeguarding the labor rights enshrined in the USMCA across industries and sectors," Trade Representative Katherine Tai said in a statement. Mexico has 10 days to agree to conduct a review and, if it agrees, 45 days from Wednesday to complete the review.

Persons: Katherine Tai, Washington, David Ljunggren, Sandra Maler Organizations: U.S . Trade Representative, United, Mas Air, Thomson Locations: United States, Mexico, Washington, U.S, Canada, Mexico City

☆ US FAA considering stricter rules for high-volume charter flight operators
▼ + stars: | 2023-08-24 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

REUTERS/Marco Bello/File Photo Acquire Licensing RightsWASHINGTON, Aug 24 (Reuters) - The Federal Aviation Administration (FAA) said on Thursday it is considering subjecting high-volume charter flight operators to stricter regulations imposed on passenger airlines. Airline unions have opposed the expansion of charter operations. Association of Flight Attendants-CWA President Sara Nelson praised the FAA action, calling the charter regulations a "loophole that undermines safety and security rules for commercial aviation." SkyWest (SKYW.O) has sought approval to conduct passenger operations through a separate charter operation and faces strong opposition from unions. Aviation unions and American Airlines (AAL.O) have criticized growing charter operations by air carrier JSX.

Persons: Marco Bello, Sara Nelson, JSX, David Shepardson, Matthew Lewis Organizations: Miami International Airport, Federal Aviation Administration, FAA, REUTERS, Rights, Airline, Association of Flight, Transportation Security Administration, Transportation Department, SkyWest, Aviation, American Airlines, United Airlines, JetBlue Airways, Thomson Locations: Florida, Miami , Florida, U.S, Dallas, Washington

Search resuls for: "Airline Pilots"

25 mentions found