US Airways, as part of an overall cost savings program that will eliminate 1000 jobs, has announced that it will reduce the number of flights into Las Vegas by 44 percent. The carrier will also end non-stop service between Las Vegas and ten other cities. With 6500 new hotel rooms set to open [...]
Continue reading...Wednesday, October 28, 2009
American Airlines is expected to announce the closure of its overhaul base in Kansas City sometime on Wednesday morning. The facility employs 500 people, 450 of whom are unionized. No official announcement has been made yet by either the company or the union, because the company wants to address the work force [...]
Continue reading...Friday, September 11, 2009
NetJets, which is owned by Warren Buffet’s Berkshire Hathaway, is making cuts in its unprofitable plane-leasing business. The company, which is undergoing reorganization under new CEO David Sokol, said in an email that severe economic conditions facing the airline industry have led to a decline in demand for flights. As many as [...]
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Wednesday, October 28, 2009
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