Business Industrials

  • BERLIN, Aug 13- Germany's Lufthansa and pilots' union Vereinigung Cockpit have broken off talks over pay and early retirement terms after months of negotiations, they said on Saturday. Lufthansa has been in talks with the pilots union for four years in a long-running dispute that has seen more than a dozen strikes hit one of Europe's largest carriers.

  • BERLIN, Aug 13- Germany's Lufthansa and pilots' union Vereinigung Cockpit have broken off talks over pay and early retirement terms after months of negotiations, they said on Saturday. Lufthansa has been in talks with the pilots union for four years in a long-running dispute that has seen more than a dozen strikes hit one of Europe's largest carriers.

  • "The KC-46 program has made significant strides in moving the Air Force toward the modernization needed in our strategic tanker fleet," Air Force Secretary Deborah Lee James said in a statement announcing the approval. The Air Force added it would soon award Boeing contracts for the first two batches, 19 aircraft in total, with a pre-negotiated combined value of...

  • UPDATE 2-More airline outages seen as carriers grapple with aging technology.

  • Aug 12- Airlines will likely suffer more disruptions like the one that grounded about 2,000 Delta flights this week because major carriers have not invested enough to overhaul reservations systems based on technology dating to the 1960 s, airline industry and technology experts told Reuters. Scott Nason, former chief information officer at American...

  • Aug 12- United Continental Holdings Inc said on Friday it has scored labor deals with its flight attendants and its mechanics, whose relations with the airline were strained in recent years as the parties struggled to conclude contract talks. Separately, negotiators from the airline and the International Brotherhood of Teamsters reached a labor deal in the...

  • Aug 12- Airlines will likely suffer more disruptions like the one that grounded about 2,000 Delta flights this week because major carriers have not invested enough to overhaul reservations systems based on technology dating to the 1960 s, airline industry and technology experts told Reuters. Scott Nason, former chief information officer at American...

  • Some 53 percent of those who voted backed the deal, which marks the first labor contract covering all 25,000 flight attendants from both United and Continental, according to the Association of Flight Attendants-CWA. The ratification represented a victory for the airline's new chief executive officer, Oscar Munoz, who has sought harmony with workers for the...

  • SANTIAGO, Aug 12- LATAM Airlines, Latin America's largest carrier, said on Friday it had seen "timid" signs of a recovery in its key Brazilian market in recent weeks, although it underlined that it retained a cautious outlook. "With respect to international, we are still seeing weakness in Brazil, though in recent weeks the trend is starting to change," said Roberto Alvo,...

  • Some 53 percent of those who voted approved the deal, which will mark the first labor contract to cover all 25,000 flight attendants from both United and Continental, the Association of Flight Attendants-CWA said in a news release. The ratification represents a victory for new Chief Executive Officer Oscar Munoz, who has sought new contracts and harmony with...

  • Aug 12- Flight attendants at United Continental Holdings Inc voted to approve a contract that will hike wages between 18 percent and 31 percent this September, their union said on Friday. Some 53 percent of those who voted approved the deal, which will mark the first labor contract in the company's history to cover flight attendants from both United and...

  • Aug 12- JetBlue Airways Corp said 22 passengers and two crew members were injured when its flight from Boston to Sacramento, California ran into heavy turbulence on Thursday. The airline said it had sent a team to assist the injured and a replacement flight had been sent to Rapid City to fly passengers to Sacramento. In May, eight passengers were injured when a...

  • Aug 12- Airlines will likely suffer more disruptions like the one that grounded about 2,000 Delta flights this week because major carriers have not invested enough to overhaul reservations systems based on technology dating to the 1960 s, airline industry and technology experts told Reuters. Scott Nason, former chief information officer at American...

  • Maersk fired its chief executive in June and replaced him with Soren Skou, head of Maersk Line, indicating it could split it into separate companies and sell off part of the group, including its oil division, as it struggles to cope with a shipping recession and tough oil markets. The group is fighting to remain the world's leading container shipping carrier as a...

  • SANTIAGO, Aug 11- LATAM Airlines, Latin America's largest airline, reported a wider-than-forecast net loss in the second quarter of $92 million, as it struggles to overcome tough economic conditions in its key markets. LATAM has racked up repeated losses since it was formed in the 2012 merger of Chile's LAN and Brazil's TAM, hamstrung by Brazil's economic...

  • The airline has racked up repeated losses since it was formed in the 2012 merger of Chile's LAN and Brazil's TAM, hamstrung by Brazil's economic problems and negative currency effects.

  • Aug 11- Delta Air Lines Inc said it had canceled about 25 flights on Thursday as operations return to normal following a power outage on Monday that hit its computer systems, leading to cancellation of nearly 2,000 flights. Delta, the No. 2 U.S. airline by passenger traffic, said some cancellations were due to bad weather. A small fire at its computer center was partly...

  • Aug 11- Delta Air Lines Inc said it had canceled about 25 flights on Thursday as operations return to near-normal following a power outage on Monday that hit its computer systems, leading to cancellation of nearly 2,000 flights.

  • Aug 10- Delta Air Lines Inc on Wednesday canceled more than 300 flights and upended thousands of travelers' plans for the third day in a row after a power outage hit its computer systems, though it forecast a return to normal operations later this afternoon. As of 2:30 p.m. EDT, Delta said it had canceled 311 flights on the day, adding to the more than 1,600...

  • Aug 10- Delta Air Lines Inc on Wednesday canceled more than 250 flights and upended thousands of travelers' plans for the third day in a row after a power outage hit its computer systems, though it forecast a return to normal operations later this afternoon. As of 12:30 p.m. EDT, Delta said it had canceled 278 flights on the day, adding to the more than 1,600...