The union that represents United Airlines flight attendants said Tuesday that they voted to ratify a new five-year contract which increases the base pay by nearly a third, and also includes boarding compensation. According to the Association of Flight Attendants - CWA, which represents a group of nearly 30,000 United flight attendants who are covered by this agreement, 82% of them voted for it. Terms of the contract were first announced by the airline in March. They include, among others, a 31% increase in base pay and compensation for the time it takes passengers to board a plane. United and...

Boeing announced on Tuesday that it had received a total of?135?net new orders during April. This is almost the same as its first quarter sales. Boeing booked 284 new orders in the first four month of this year after accounting for cancellations and convertions. This is the highest number of orders for this?period in 2014. Airbus has booked 405 orders after cancellations and modifications through April 30, but the U.S. rival is still behind. Airbus delivered 67 jets last month. Boeing delivered '47 jetliners in the month of April, an increase from the previous one. Investors closely track 'delivery', when...

Middle Eastern carriers increased capacity following the disruption caused by the Iran War, while airlines from outside the Gulf region rerouted flights between Europe & Asia away from major hubs. The latest flight information is listed below alphabetically: AEGEAN AIRLINES On May 21, Greece's largest airline will resume flights from Heraklion to Tel Aviv, as well as Rhodes and Larnaca. Thessaloniki-Tel Aviv flights are cancelled up until June 26. Flights to Beirut, Riyadh, and Amman will resume on May 12. The?airline?will cancel flights to Dubai until August 31 and Erbil and Baghdad till July 2. AIRBALTIC AirBaltic, a Latvian airline,...

United Airlines announced on Tuesday that it would resume daily direct flights between Houston and Caracas after a pause of eight years. Airline said that its services between George Bush Intercontinental Airport, Houston and Simon Bolivar International Airport?in Caracas would begin on August 11. It has joined American Airlines in resuming flights to Venezuela. U.S. Transportation Sec. Sean Duffy lifted the ban in January on U.S. carriers flying?to Venezuela, in response to a directive by?President Donald Trump. The?U.S. The State Department removed Venezuela from the "Do Not Travel List" for Americans, and issued a "Reconsider Travel", a less severe advisory,...

Waymo announced on 'Tuesday that it was recalling approximately 3,800 robotaxis from the United States. They identified a 'risk?that vehicles could enter flooded roads and higher speed limits raising safety concerns. Alphabet said that the recall was a result of an April 20 incident in which a Waymo car drove into a "flooded lane" in San Antonio, during severe weather. Waymo stated that the vehicle was not occupied and no injuries were reported. However, the incident prompted the company's review of similar scenarios with high speeds and impassable roads. Waymo stated that they are working on implementing additional software protections,...

A senior official stated that the 'European Commission' is considering extending its carbon market beyond domestic flights to include international flights. This would allow for a more equitable treatment of all airlines and a better price to be placed on their emissions. Brussels is redesigning EU ETS, which forces industries and power plants to purchase carbon permits in order to offset their greenhouse gas emissions. To encourage industries to meet EU climate targets, the scheme limits the number of permits that can be issued. Polona Gregory, a senior official in the climate department of the Commission, said that the review...

The Lufthansa Group is exercising an option to increase its stake in Italy's ITA Airways from 80% to 90%, tightening their grip on the Rome-based ITA Airways as consolidation in Europe accelerates. Lufthansa announced on Tuesday that the German group will increase its holding in ITA by 49 percentage points, from 41% to 51%. This will be achieved through the purchase of a 2nd block?of shares next month for 325 millions euros ($382million). The majority acquisition is expected to be completed in the first quarter 2027, after approval from the European Union and the U.S. In many ways, Lufthansa said...

SES, a Luxembourg-based satellite operator, reported its first-quarter results on Tuesday. The results were in line with expectations and the company reiterated their yearly guidance. They also noted a strong performance in aviation and European infrastructure. The quarter's revenue was 847 millions euros ($996million), up 80% on the year at constant currency. Over the last three months, 306 million euros worth of new contracts and renewals were signed by the company. In a press release, CEO Adel al-Saleh stated that the aviation business had been a strong performer. More than 40 aircraft were committed to?Japan Airlines. SES and Boeing have...

Greg Abbott plans his summer vacation with a half-eye on the Iran War. He is planning to stay close to home, in Europe. The 54-year old Australian, who lives in Britain, is planning to go on a cycling tour with his friends in Austria. He also plans to attend a music festival in Barcelona as well as a possible yoga retreat in France. But he is not looking to travel too far. "We will almost certainly do short-haul Europe and almost certainly use trains because they are powered by electricity," said Abbott. The head of operations at a broadcasting firm...

Boeing hid'safety issues with its 737 MAX when LOT Polish Airlines chose the popular single aisle jet in 2016 to anchor its plans for recovery from a'significant financial crisis at the time. LOT's plans have been derailed by regulators who grounded MAX jets in 2019. This was after two accidents that exposed serious safety issues with a portion of the flight-control system. LOT filed a lawsuit against Boeing in 2021 to seek damages for the revenue losses that it suffered as a result of the MAX groundings. LOT's lawyer, Anthony Battista, stated during the opening remarks on Monday that the...

S&P 500 ended slightly higher on 'Monday. AI optimism was fueling the upward momentum, even though the earnings-driven fervor that fueled the recent rally waned a bit 'in the final stretch of the reporting season. Semiconductors outperformed other sectors, as the artificial intelligence-related momentum remained unabated. Chipmakers also outperformed the wider market. Ross Mayfield is an investment strategy analyst with Baird, based in Louisville, Kentucky. "There's such a rush to invest in these names and so much excitement that it almost seems divorced from any kind of headline or announcement." The first-quarter reporting period is almost over. 440 companies from...

Middle Eastern carriers increased capacity following the Iran War, and airlines outside the Gulf have rerouted flights between Europe & Asia away from major hubs within the region. The latest flight information is listed below alphabetically: AEGEAN AIRLINES On May 21, Greece's biggest carrier will resume its flights from Heraklion, Rhodes, and Larnaca to Tel Aviv. Thessaloniki-Tel Aviv flights are cancelled up until June 26. Flights to Beirut will resume on May 12, and flights to Riyadh, Amman and Amman are scheduled to resume May 21. Dubai flights are suspended until August 31 and Erbil, Baghdad and Baghdad flights will...