new York CNN — Boeing reported an operating loss of $650 million in the fourth quarter, surprising Wall Street analysts who had expected the aerospace giant to turn a profit. The company blamed the unexpected loss on “abnormal production costs” as it tried to deliver the remaining backlog of 737 Max planes and ramp up … Read more
new York CNN Business — After 53 years and more than 1,570 aircraft, the last Boeing 747 rolled off the assembly line in Washington state on Tuesday evening, headed for service as a freighter. The once-innovative jumbo jet, with its distinctive second-floor bulge, is perhaps the most remarkable and popular aircraft ever created by Boeing. … Read more
Delta Air Lines has offered its pilots a 34 percent cumulative pay increase over three years in a new contract, demonstrating the bargaining power aviators enjoy in an understaffed industry with booming travel demand. If the deal is approved by Delta ( DAL ) pilots, it is widely expected to serve as a benchmark for … Read more
Budget airline AirTran aired a funny ad about a couple of grandparents visiting their offspring shortly after their grandchildren were born. The grandparents were expecting a week together with the whole family. Instead, they were handed the babies at the door as the new parents jumped into a taxi and headed to the airport. “We’ll … Read more
CNN Business — Workers who deliver food and drinks to passengers at San Francisco International Airport are on strike seeking what they say will be their first raise in four years. The 1,000 strikers are members of Unite Here Local 2, a Bay Area union with 15,000 members. Airport workers work under a multi-employer collective … Read more
CNN Business — Workers who deliver food and drinks to passengers at San Francisco International Airport are on strike seeking what they say will be their first raise in four years. The 1,000 strikers are members of Unite Here Local 2, a Bay Area union with 15,000 members. Airport workers work under a multi-employer collective … Read more
This article reprinted with permission from NerdWallet. It seems like all my friends got COVID this summer and many think they got it on a plane. But this is as anecdotal as the data. What does it do, you know science I must say? I spoke with Arnold Barnett, a statistics professor at MIT who … Read more
This article reprinted with permission from NerdWallet. It seems like all my friends got COVID this summer and many think they got it on a plane. But this is as anecdotal as the data. What does it do, you know science I must say? I spoke with Arnold Barnett, a statistics professor at MIT who … Read more