Airlines

Category Archives for Airlines.

Surprising Standoff: Why American Airlines Flight Attendants May Reject Record Raises

airport
Jul 27 2024

A new American Airlines flight attendants contract gives crew immediate 18% – 20.5% raises, starts paying them (at half pay) during boarding during the first time, and adopts Delta’s generous profit-sharing formula. They also get changes to work rules, meal costs on the road and retirement contributions. It was likely the most they could get from an airline that underperforms financially, putting them on equal footing or slightly above the next-best paid flight attendants in the industry. But it doesn’t give them everything they’d hoped for.

Online, flight attendants are griping.

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$25,000 Retro Pay and 28% Raises: American Airlines Flight Attendants Score Big with New Contract

Jul 26 2024

American Airlines and its flight attendants have a tentative agreement on a new contract, four and a half years after the last one became amendable.

Details of the five year deal are now public. Between immediate pay rate changes and the addition of boarding pay, flight attendants will receive up to 28% raises immediately the month following contract ratification. And they’ll get full retro pay for the time spent without a new contract, which can be over $25,000 per crewmember.

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Southwest Airlines Investor Call: 9 Game-Changing New Product Updates For Flyers

Jul 25 2024

Southwest Airlines announced plans for redeye flights, premium seats, and assigned seating but left a lot of questions unanswered.

They don’t know all the answers yet! But during the carrier’s second quarter investor call on Thursday they provided more information and filled in several gaps, as well as shared other useful tidbits, that flyers need to know about these changes and the airline’s business.

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Southwest Airlines Abandons Its Brand: Can Assigned Seats, Premium Cabin, And Redeyes Save Them?

Jul 25 2024

They need to take care not to lose the value proposition that does still distinguish them, and for which the market continues to value their business at a higher multiple than competitors, even as they work to provide a product that more people want to buy and to pay more for. But they also need to address their inability to sell small town and long haul flights through partners in order to continue to grow.

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Peak Season Trouble: American Airlines Braces For Flying Losses, Earnings Call Shows No Plan For Success

american airlines plane
Jul 25 2024

American Airlines profit was down in the second quarter. They’re crowing about record revenue, a lot of that is inflation, and they’re clearly not doing well – profit forecasts were revised downward significantly, and they are now saying they won’t earn anything in the third quarter which is traditionally good. It isn’t winter!

In fact, American Airlines will make money on its co-brand credit cards during the third quarter. That means it will lose money flying airplanes over the summer months. That’s insane.

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