pilots

In a recent development, the pilots of Southwest Airlines Co (NYSE:LUV) have agreed to a new labor deal that will see their pay increase by approximately 50% over the next five years. What Happened: The Southwest Airlines Pilots Association, representing some 11,000 pilots, has been in negotiations...

American Airlines Group Inc (NASDAQ: AAL) has agreed to increase its pilot contract offer by over a billion dollars, aligning it with a tentative agreement reached by competitor United Airlines Holdings Inc (NASDAQ: UAL) and its pilots last week. What Happened: The...

United Airlines Holdings Inc (NASDAQ: UAL) and its pilots have reached a labor agreement with a substantial pay raise.  What Happened: According to the new four-year agreement, the pilots will get a cumulative 34.5% to 40.2% increase in pay raises, Reuters reported.  Due to...

Analysts at Buckingham Research Group no longer hold a bullish rating on JetBlue Airways Corporation (NASDAQ: JBLU) due to the ongoing negotiations between pilots and management and competitive concerns. Daniel McKenzie downgraded JetBlue's stock from Buy to Neutral with a price target lowered...

Benzinga had the opportunity to chat with Frank Holmes of U.S. Global Investors, and part of the conversation focused on the airline industry. According to Holmes, the airline industry is very constrained by the limited number of pilots, which has resulted in 25 percent fewer flights departing from...

There’s a new wrinkle in the ongoing battle between the U.S. Justice Department and two airlines seeking a merger. In a joint document, filed Wednesday, American Airlines (OTC: AAMRQ), US Airways (NYSE: LCC), and the USDOJ said they were open to finding a solution to the merger question,...