United Airlines pilots seal deal with impressive 40% raises: Unveiling the latest contract agreement

Boeing 787-10 Dreamliner, from United Airlines, taking off from Barcelona Airport in Barcelona on March 28, 2023. JanValls | Nurphoto | Getty Images United Airlines pilots recently ratified a new contract with substantial pay raises, with compensation increasing up to 40.2% over a four-year period. This agreement marks the last of the three largest U.S. …

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SpaceX Secures First Pentagon Contract for Cutting-Edge Starshield

An uncaptioned image posted on the company’s website appears to show Starshield technology in orbit. SpaceX The Pentagon has awarded Elon Musk’s SpaceX its first confirmed contract for the Starshield network it’s developing, a military-specific version of the company’s Starlink satellite internet system, according to a statement released by the defense agency on Wednesday. A …

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Discover Delta’s Enhanced Lounge Access Policy – Easier Tips and Guidelines

Delta’s new SkyClub at John F. Kennedy International Airport in New York. Leslie Josephs/CNBC Delta Air Lines is implementing changes to the way customers earn elite frequent flyer status, making it more challenging for many American Express cardholders to access the carrier’s airport lounges. This decision reflects the evolving landscape of luxury air travel. Effective …

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Rising Expenses Pose Profits Erosion Threat: Multiple Organizations Caution on Escalating Costs

An American Airlines 787 is loaded with cargo at Philadelphia International Airport. Leslie Josephs/CNBC Numerous companies are cautioning that soaring fuel costs and increased employee wages will impact their profits this quarter. Companies spanning from aerospace manufacturers to package delivery leader UPS are grappling with significant labor agreements. Furthermore, unions representing workers from the automotive …

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American Airlines and Spirit Airlines revise summer profit forecast due to escalating costs

An American Airlines plane takes off above Spirit Airlines planes and other aircraft at Los Angeles International Airport (LAX) on June 1, 2023 in Los Angeles, California. Mario Tama | Getty Images American Airlines and Spirit Airlines on Wednesday joined other carriers in cautioning about potential profit challenges during the busy summer quarter. American Airlines …

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Pratt & Whitney Engine Problem: RTX to Incur $3 Billion Charge

Model of a Pratt & Whitney GTF engine is displayed at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 20, 2023. Benoit Tessier | Reuters RTX announced on Monday that it will face a $3 billion impact on its pretax results this quarter due to an engine manufacturing flaw, …

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