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...“While we don’t like increasing fees, it’s one step we are taking to return our company back to profitability and cover the increased costs of transporting bags.”...
...The mid-air breach of the fuselage of an Alaska Airlines Boeing aircraft has put the spotlight on Spirit AeroSystems, one of the plane maker’s biggest suppliers....
...US federal regulators have temporarily grounded some Boeing 737 Max planes in American airspace after a section of an Alaska Airlines jet blew out in mid-air....
...News of United’s discovery, which was first reported by the trade publication The Air Current, hit Boeing’s shares further....
...The companies say the Hawaiian leisure air travel market is worth $8bn a year. Unfortunately for the partners, the regulators have taken a tough stance against consolidation in the airline industry....
...Not all aeroplane malfunctions can take more than 8 per cent off of two companies’ market capitalisations in a day....
...The company was “still convinced that the logistical optimisation of the factory would be a big win for the community”, adding it would “agree on further steps together with all those concerned, on the basis...
...Boeing has called a company-wide safety meeting for Tuesday to discuss its response to the incident....
...“We’re going to approach this, number one, acknowledging our mistake,” Calhoun said, according to excerpts shared by the company....
...They did not rebound from that 10-year low until, in December, Alaska Air proposed a merger....
...The company has even struggled with its prestige project, the jet that carries the US president, Air Force One....
...The news, which was first reported by The Wall Street Journal, came as both companies are undergoing an audit by the US Federal Aviation Administration, following a mid-air blowout of a door panel on a 737...
...Dave Calhoun, chief executive, is due to meet lawmakers on Capitol Hill on Wednesday, including Senator Mark Warner from Virginia, where the company is headquartered....
...But its future is now up in the air because of the travails of Boeing, which is grappling with a crisis over its 737 Max jet following January’s mid-air panel blowout and two fatal crashes in recent years...
..., chief executive of Occidental, one of the biggest US oil companies....
...A version of this article was first published by Nikkei Asia on January 31. ©2024 Nikkei Inc. All rights reserved....
...It has proposed Richard Anderson, the former chief executive of Amtrak and Delta Air Lines, and Mary Kathryn “Heidi” Heitkamp, a former US senator....
...In a sign of the patchy conditions UPS may encounter this year, Newman said customers in its biggest market, the US, sought more economical products and moved to ground deliveries instead of air....
...The two neighbours have close economic ties, with the air route linking Singapore and Kuala Lumpur among the busiest in the world....
...Judge William Young on Tuesday ruled in their favour, prohibiting the companies from closing the deal....
...The league’s current arrangement with Disney’s ESPN and Warner’s TNT allows for some games to be aired on ABC, Disney’s free-to-air broadcast network, and last autumn Warner began experimenting with simulcasting...
...Leading operators include United Airlines, Alaska Airlines and Delta Air Lines....
...On Thursday the company paused production at its plant in Renton, Washington, for 15 hours to discuss quality issues with more than 10,000 workers....
...So there is a bit of euphoria in the air, then. But what can investors do with this piece of information? Maybe nothing....
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