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Friday, November 27, 2020

Bloomberg Mary Schlangenstein

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Airlines rise to a record as Buffett’s Berkshire deepens bet

Airlines climbed to a record after Warren Buffett's Berkshire Hathaway Inc. increased its stakes in the four biggest U.S. carriers, adding to a bet...

American Air’s pilots vote no-confidence in CEO, executives

The leaders of American Airlines' pilot union voted no-confidence in Chief Executive Officer Doug Parker, citing pay and scheduling problems, delays in implementing their...

Southwest tops estimates as demand increased after election

Southwest Airlines Co., the largest U.S. discounter, said a pickup in demand and pricing power that began last year is carrying over into 2017....

American Air’s labor discord stymies CEO push to change culture

The chief executive officer of American Airlines stood before thousands of managers at a Dallas hotel last year and delivered a crucial message: The...

Berkshire’s airline bet validates industry Buffett once shunned

Berkshire Hathaway's purchase of stakes in the biggest U.S. airlines after nearly three decades in which founder Warren Buffett derided the carriers as poor...

Southwest pilots approve contract that boosts pay almost 30 percent

Southwest Airlines pilots approved a new contract that will boost pay almost 30 percent over its term and improve retirement benefits while falling short...

Unhappy American pilots to push union switch after five decades

A group of American Airlines pilots is preparing a push to give up their 53-year-old independent union and join the larger Air Line Pilots...

FedEx names Bronczek to new post of COO starting 2018

FedEx . named Dave Bronczek to the newly created post of chief operating officer and shifted the president's title to him from company founder...

Southwest labor acrimony threatens fun-loving family culture

Southwest Airlines Co., proud owner of a storied corporate culture that values fun, hard work and a maverick mindset, is contending with an unaccustomed...

American reaches interim pay deal with union for 30,000 workers

American Airlines reached an interim agreement with the union for at least 30,000 mechanics, baggage handlers and other workers to provide average pay increases...

Today

Venezuela judge convicts 6 American oil execs, orders prison

By SCOTT SMITH ASSOCIATED PRESSCARACAS, Venezuela (AP) — Six American oil executives held for three years in Venezuela were found guilty of corruption charges...