United Airlines pilots approve contract with up to 40% raises

Boeing 787-10 Dreamliner, from United Airlines, taking off from Barcelona Airport in Barcelona on March 28, 2023.JanValls | Nurphoto | Getty ImagesUnited Airlines pilots approved a new contract with compensation increases of as much as 40.2% over the four-year contract, making the carrier the last of the three largest...

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Delta CEO says carrier went ‘too far’ in SkyMiles changes, promises modifications after frequent flyer backlash

Delta Air Lines Boeing 717-200 airplane as seen on the final approach landing at New York JFK John F. Kennedy International Airport, NYC, USA.NurPhoto / ContributorDelta Air Lines CEO Ed Bastian said the airline will make "modifications" in the next few weeks to its loyalty program after a recently...

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More companies warn higher costs will eat into profits

An American Airlines 787 is loaded with cargo at Philadelphia International Airport.Leslie Josephs/CNBCMore companies are warning that a surge in the cost of fuel and employee pay hikes will eat into profits this quarter.Companies from aerospace manufacturers to package delivery giant UPS are digesting big new labor deals. Meanwhile,...

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Delta joins other airlines in cutting profit estimates on higher costs

Delta Air Lines airplanes at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021.Elijah Nouvelage | Bloomberg | Getty ImagesDelta on Thursday joined other carriers in trimming its profit estimates as costs rise.The airline said it expects to report adjusted per-share earnings of...

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American Airlines, Spirit cut summer profit forecast on costs

An American Airlines plane takes off above Spirit Airlines planes and other aircraft at Los Angeles International Airport (LAX) on June 1, 2023 in Los Angeles, California. Mario Tama | Getty ImagesAmerican Airlines and Spirit Airlines on Wednesday joined other carriers in warning that higher costs will hit profits during...

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