Hints and tips:
...Southwest Airlines, the carrier with the most 737 Maxes in service and on order, will publish financial results, along with American Airlines....
...Chief among them: the airline’s long-standing credit card deal with American Express....
...“They may have changed the way they’re doing things, but it ain’t working,” said Captain Dennis Tajer, spokesperson for the pilots union for American Airlines....
...Video: Behavioural Economics — Are high petrol prices killing the American dream?...
...The act prohibited airlines from laying off workers, but they did encourage early retirements and extended leave....
...And the question is, what constitutes a personal benefit? Ethan WuDoes your girlfriend or your pilot feeling good about you constitute a personal benefit? Joe MillerRight. Exactly....
...So Leo, do you think Japan Inc, despite all this demographic stuff, has reason to be cautiously optimistic?...
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Dennis Tajer, a representative of American’s pilots’ union, said the company has underinvested in the flight crew scheduling software and is inflexible in juggling crew schedules during a crisis....
...Unlike rival airlines United and Delta, American briefly furloughed 1,600 of its pilots during a lull in receiving funds from the federal government’s Payroll Support Program, which was meant to buoy the...
...And some benefits are likely to persist even as traffic returns to normal....
...The union that represents pilots says it warned American Airlines that its ambition exceeded the available resources needed to hit goals....
...Southwest flight delays drag on into a fourth day Southwest Airlines blamed air traffic control and weather as widespread flight cancellations and delays stretched into a fourth day, while its pilots union...
...While some aspects of President Joe Biden’s $1.9tn economic stimulus package have attracted political controversy, the extension of the airlines’ Payroll Support Program is not one of them....
...Earlier this year airlines received $25bn in federal aid from the so-called Payroll Support Program to help cushion the blow from the crisis....
...The US Centers for Disease Control and Prevention on Thursday recommended that Americans not travel for the holiday, which is usually one of airlines’ busiest periods....
...Delta Air Lines and Southwest Airlines have delayed the day of reckoning. Delta plans to cut pilots on November 1....
...Delta has so far avoided furloughs, which began at its rivals American and United Airlines on October 1....
...The Allied Pilots Association, representing 15,000 American pilots, encouraged the government to purchase middle seats, to guarantee revenue and reassure potential passengers who want to socially distance...
...Meanwhile, Delta — the second-largest airline after American, by paid passenger kilometres — will offer retirement and buyout packages to its staff of 91,000, including pilots and flight attendants....
...United and American Airlines have warned employees about coming furloughs numbering 36,000 and 25,000, respectively....
...A version of this article was first published by Nikkei Asia on January 19. ©2021 Nikkei Inc. All rights reserved....
...As regulatory changes were made in response, “I expect they will be for the benefit of our customers and our people,” he said....
...On Wednesday, American Airlines pushed back the time it expected Max flights to resume by six weeks, saying it was cancelling 115 flights a day until November 2 and now expected the Max to start returning...
...On Wednesday it signed a memorandum of understanding with an undisclosed North American airline for 15 SpaceJet M100s....
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