Spirit Airlines files for bankruptcy
Spirit Airlines filed for bankruptcy protection Monday, as mounting losses, unaffordable debt, increased competition for bargain-seeking airline passengers and the inability to merge with other airlines left it little choice.
Boeing got the easy part done. Now comes the tougher, existential problems
Boeing’s most immediate problem – an eight-week strike by 33,000 workers – is over. But its more serious problems – ongoing massive losses, quality and safety problems – are as bad as ever, and could even get worse.
Striking port workers to return to work Friday as negotiators reach an agreement on wages
Striking members of the International Longshoremen’s Association (ILA) will be back to work on Friday, the union announced Thursday evening, as it reached a tentative deal with the management group representing shipping lines, terminal operators and port authorities.
Time running out to avoid crippling US port strike
Time is running out to avoid a work stoppage at ports along the entire East and Gulf Coasts in what could become the most disruptive strike to the US economy in decades.
Southwest reveals when and how it will get rid of open seating
Southwest Airlines’ substantial changes to its business and boarding process are coming – but not for a while. Open seating isn’t going away for more than a year. The airline said on Thursday that its passengers will be able to book a reserved seat in late 2025 and those seats will start to become available on flights in early 2026.
Boeing is raising its offer to end the strike
Boeing announced Monday that it raised its offer to the International Association of Machinists (IAM) union as the strike against the company enters its 11th day
Boeing’s next big problem could be a strike by 32,000 workers
Boeing has experienced all manner of bad news in the last six years, and almost nothing but problems. Later this month it could add a strike by 32,000 workers to its list of woes.
Why Delta is still canceling flights as other airlines return to normal
Three days after a computer update problem caused more than 5,000 flight cancellations around the world, things are pretty much back to normal — except at Delta Air Lines.
NFL hit with jury verdict in ‘Sunday Ticket’ antitrust trial that could reach $14.1 billion
A jury ordered the NFL on Thursday to pay more than $4.7 billion for anti-trust violations surrounding its “Sunday Ticket” package, which lets fans watch games outside of their home markets but required them to buy access to a bundle of games to do so.
Musk accused of improperly selling $7.5 billion in Tesla stock before weak sales report that crashed its price
Elon Musk and the Tesla board are facing a shareholder suit over his sale of $7.5 billion worth of Tesla shares in late 2022, ahead of a January 2023 sales report that sent the price of the stock plunging.
Boeing orders bounce back on demand for plane it can’t deliver yet
Boeing’s commercial jet orders bounced back in March, but it was due to a large order from American Airlines for a plane the Federal Aviation Administration hasn’t even approved to carry passengers yet.
Anthony Blinken - another problem with his Boeing plane - went by car
US Secretary of State Antony Blinken is the latest person dealing with problems with a Boeing jet.
Port of Baltimore could reopen as soon as May, expert says
Demolition workers could open a channel for ships to move in and out of the Port of Baltimore as soon as one month after required equipment arrives on scene, according to an expert in the field familiar with ongoing discussions.
Boeing CEO Dave Calhoun to step down in wake of ongoing safety problems
Boeing CEO Dave Calhoun said Monday he intends to leave the beleaguered company by the end of the year in a major shakeup of the company’s leadership. Boeing’s chairman and the head of the commercial airplane unit are also leaving.
Dartmouth basketball teams vote to join first college athletics union
Members of the Dartmouth College men’s basketball team Tuesday became the first college athletes to vote to join a union.
FAA finds ‘multiple instances’ of Boeing quality control issues
The Federal Aviation Administration has found multiple problems with Boeing’s production practices, follow a six-week audit of Boeing triggered by the January 5 door plug blowout on an Alaska Airlines Boeing 737 Max 9.
US Justice Department investigates Boeing over door plug blowout
Boeing faces yet another federal probe over its 737 Max door plug blowout, this one by the Justice Department, an investigation that could expose it to criminal liability.
Boeing removes head of 737 Max program in wake of safety incidents
Boeing removed executive Ed Clark, the head of its 737 Max passenger jet program, in the wake of several safety and quality-related incidents.
2023: A Year of Strikes - What's on the Horizon for 2024?
The number of major strikes jumped 43% to 33 in 2023, according to the official Labor Department count released Wednesday, the biggest number of large work stoppages in America in more than 20 years.
Harvard condemns antisemitic image circulated by pro-Palestinian groups on campus
Harvard University and its interim president have condemned an image circulated on social media by pro-Palestinian campus groups, prompting the groups to remove and apologize for the posting.
He was a hero on Alaska Air 1282 - now, pickets for ‘livable’ wage
Steve Maller, a flight attendant for nearly 20 years, was one of the flight attendants on the Alaska Airlines flight 1282 when a door plug blew out.
Another accident like Boeing’s door plug blowout could happen again, NTSB chair says
Jennifer Homendy, chair of the National Transportation Safety Board, says that the problem that resulted in a door plug blowing out of a Boeing 737 Max 9 jet minutes into a January 5 flight could happen again.
Dartmouth basketball players could become first unionized college athletes
Basketball players at Dartmouth will get a chance to vote on whether to join a union, a potential breakthrough in efforts to unionize the lucrative business of college sports.
Boeing supplier swings profit despite recent problems
Spirit AeroSystems, the troubled Boeing supplier which builds fuselages and other parts for the company, reported its first adjusted quarterly profit since the start of 2022, helped by increased payments from Boeing.
The vast majority of California flood victims’ losses won’t be covered by insurance
Many victims of the massive storms now battering Southern California about are to be hit with another heartbreak - discovering their insurance won’t cover the damage.
New problem found on Boeing 737 Max planes
A new problem has been found during the production of 737 Max jets that will force Boeing to rework about 50 planes that have not yet been delivered.
Tesla recalling 2.2 million vehicles for too-small warning lights
Tesla is recalling 2.2 million of its vehicles on US roads because the font size of the warning lights on its display is too small, according to federal safety regulators.
Boeing CEO on 737 blowout: ‘We caused the problem’
Boeing CEO Dave Calhoun said that Boeing is responsible for the incident of door plug blowing out of a 737 Max 9 in flight earlier this month, saying that Boeing must do a better job than it did in this instance.
UPS cuts 12,000 jobs
UPS announced Tuesday that it will cut 12,000 jobs as part of a bid to save $1 billion costs. Managers and contractor positions will make up most of the layoffs.
GM says strike cost it $1.1 billion - but it could post record profit this year
A 46-day strike took only a modest bite out of General Motors earnings for 2023, and America’s largest automaker said it expects profit to bounce back to near or above record levels this year regardless of the higher labor costs, forecasts of weaker car prices and other headwinds.
The 737 Max grounding will cost Alaska Airlines $150 million
The grounding of the 737 Max 9 after a January 5 incident that blew a hole in the side of an Alaska Airlines plane earlier this month will cost the airline about $150 million, Alaska announced Thursday.
