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Top related persons:
Eric Beck - 1 Beck - 1 We're - 1 Scott Kirby - 1 Rajesh Kumar Singh - 1 Baranjot Kaur - 1 Nick Zieminski - 1 Diane Craft - 1
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Delta Air Lines - 2 American Airlines - 2 Southwest Airlines - 2 Austin - 1 Bergstrom International Airport - 1 IBM - 1 United Airlines - 1 Saturday - 1

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4 mentions found


☆ Delta beefs up Austin flights in battle for fast-growing airport
  + stars: | 2023-12-15 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
Delta Air Lines is adding more flights next year at Austin-Bergstrom International Airport, in a bid to gain market share in one of the country's fastest-growing airports. The carrier plans to add 11 nonstop flights from Austin in April, giving it almost 50 peak-day flights, the airline said Friday. Flight additions include Midland-Odessa and McAllen in Texas, as well as Raleigh-Durham in North Carolina, Nashville and Cincinnati. "For us here at Delta, Texas has historically been a white space for opportunity on our network." Delta had a market share of close to 14% in Austin as of September, behind Southwest Airlines ' 40% share and American's 22%, according to airport data.
Persons: Eric Beck, Beck Organizations: Delta Air Lines, Austin, Bergstrom International Airport, American Airlines, IBM, Southwest Airlines Locations: Austin, Midland, Odessa, McAllen, Texas, Raleigh, Durham, North Carolina, Nashville, Cincinnati, Atlanta, Delta , Texas, U.S, Delta
☆ United Airlines pilots reach labor agreement, boost pay
  + stars: | 2023-07-15 | by ( ) www.reuters.com   time to read: +2 min
CHICAGO, July 15 (Reuters) - United Airlines (UAL.O) and its pilots on Saturday reached a labor agreement that will give the latter a significant pay increase, after the union rejected an earlier offer last year instead to seek even higher wages with pilots in short supply. The pilots will get cumulative 34.5%-40.2% increase in pay raises in a new four-year contract, the Air Line Pilots Association (ALPA) said. "We're pleased to have reached an agreement with ALPA," United Airlines CEO Scott Kirby said. United, Delta, American Airlines and Southwest Airlines (LUV.N) are estimated to hire about 8,000 pilots this year. United pilots turned down a deal last year that included more than 14.5% in cumulative wage increases and enhanced overtime and training pay.
Persons: We're, Scott Kirby, Rajesh Kumar Singh, Baranjot Kaur, Nick Zieminski, Diane Craft, Aurora Ellis Organizations: United Airlines, Saturday, Air Line Pilots Association, United, ALPA, Delta Air Lines, Industry, Rival American Airlines, American Airlines, Southwest Airlines, Jefferies, Thomson Locations: Chicago, North America, Delta, United States, Bengaluru
☆ Delta earnings beat estimates as travel demand remains strong
  + stars: | 2023-01-13 | by ( Rajesh Kumar Singh | ) www.reuters.com   time to read: +2 min
CHICAGO, Jan 13 (Reuters) - Delta Air Lines Inc (DAL.N) on Friday forecast current-quarter profit below expectations on higher operating costs even as fourth-quarter profit topped Wall Street estimates on the back of robust travel demand. U.S. carriers are enjoying the strongest travel demand since the start of the pandemic, boosted by reopening of closed borders, a strong U.S. dollar and rising corporate travel demand. A worsening economic outlook and rising financial fragility of U.S. households have sparked concerns about consumer spending, but travel demand remains strong and exceeds the pace of flight capacity growth, keeping ticket prices high. The company expected March quarter revenue would be 14%-17% higher than 2019 on capacity that is 1% lower. It expects earnings of 15 cents to 40 cents a share, below a profit of 55 cents a share, expected by analysts in a Refinitiv survey.
☆ JetBlue CEO defends American alliance in U.S. antitrust trial
  + stars: | 2022-09-28 | by ( Boies | Hausfeld Among Law Firms Reaping | Mln Windfall In Blue Cross Antitrust Case | ) www.reuters.com   time to read: +2 min
WASHINGTON, Sept 28 (Reuters) - JetBlue (JBLU.O) Chief Executive Robin Hayes staunchly defended his company's alliance with larger rival American Airlines (AAL.O) on Wednesday, denying the U.S. government's allegations that the agreement would defang the low-cost carrier. Hayes said that JetBlue did not consult with American on pricing in the northeast or anywhere else, and did not pull its punches in competing with American. For example, he said, JetBlue had 150 or 160 departures a day at JFK before the alliance but is now up to about 200, using what had been American slots. "We entered the Northeast Alliance because it will allow JetBlue to accelerate our business model in the northeast," he said, adding that JetBlue, which has a reputation in the industry of being a disruptor, had no plans to change. JetBlue also has a plan in place to buy low cost rival Spirit SAVE.N, a deal that is expected to face a tough antitrust review.
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