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Breaking News - From Avmark Newsletter
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United Airlines Cuts U.S., International Flights in Response to Coronavirus
United Airlines Holdings Inc. said it would cut domestic flights, as the spreading coronavirus depresses bookings. Airlines world-wide have parked more than 1,000 planes as bookings have fizzled and concerns have risen that depressed demand could...
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Southwest Flew Millions on Jets With Unconfirmed Maintenance Records, Government Report Says
A government report to be released in coming days says Southwest Airlines Co. LUV failed to prioritize safety and the airline’s regulator, the Federal Aviation Administration, hasn’t done enough about it. Southwest pilots flew more than 17 million...
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Today’s Logistics Report: Parceling Out Profits; Amazon’s Shipping Prime; Flipping Reverse Logistics
United Parcel Service Inc.’s close work with Amazon.com Inc. is paying off for the package carrier. The package carrier’s shipping volume and operating profit jumped sharply in the fourth quarter, the WSJ’s Paul Ziobro reports, as UPS gets cozier...
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Airlines Shouldn’t Always Listen to Their Customers
The financial results of European budget leader Ryanair suggest there is more bark than bite in complaints about unbundled air fares. “Just raise my ticket price instead of loading me up with extra charges, and I’ll pay.” Evidence from the airline...
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Major Boeing Supplier to Lay Off 2,800 Workers
Freeze on Boeing 737 MAX forces Spirit AeroSystems to cut back The biggest Boeing Co. BA -0.76% 737 MAX supplier said it is planning an initial 2,800 layoffs, the first announced job cuts since the grounding of a plane that is rippling through the...