Tag: Airline Industry
-
Flight Attendants Strike: Austin Airport Faces Contract Disputes
Thousands of flight attendants have initiated strikes at 30 airports globally as contract negotiations stagnate amidst summer travel surges. At Austin-Bergstrom International Airport, about two dozen flight attendants protested, demanding improved working conditions. Elizabeth Hibbard, President of the Association of Flight Attendants for Austin and Houston, highlighted the widespread discontent among 80,000 flight attendants from…
-
Activist Investor Buys $1.9 Billion Stake in Southwest Airlines
Elliott Investment Management Acquires Significant Stake On Monday, Elliott Investment Management acquired an 11% stake in Dallas-based Southwest Airlines, investing $1.9 billion. This bold move by the activist investor group aims to instigate significant leadership changes at the airline. Elliott is calling for the removal of CEO Bob Jordan and executive chairman Gary Kelly, suggesting…
-
-
Delta Air Lines Increases Pay for Nonunion Employees
Atlanta-based Delta Air Lines, a leading U.S. carrier, is implementing pay raises for its nonunion workforce amidst preparations for a potential union representation bid by its flight attendants. Pay Raises and Minimum Wage Increase CEO Ed Bastian announced on Monday that Delta will raise the pay for flight attendants and ground workers by 5%, elevate…
-
Delta Air Lines Boosts Pay for Nonunion Employees
ATLANTA – Delta Air Lines, the leading U.S. carrier, announces significant pay increases for its nonunion workforce in anticipation of renewed unionization efforts among its flight attendants. Delta CEO Ed Bastian unveiled the company’s plans, indicating a 5% pay raise for flight attendants and ground workers, with the minimum wage for U.S. employees set at…
