US airline labor update

US airline labor update

The US airline industry has been unionized and this has helped labor as we will see below. Airlines have been proponents of automation from the earliest days of IT.  But there are limits to automation and. combined with Unions, make airline labor sticky. As the model...
LATAM lost $691.9 million

LATAM lost $691.9 million

During the 2021 third quarter, LATAM lost $691.9 million due to the impact of the COVID-19 pandemic, plus the increase in costs associated with aircraft maintenance, and one-off impacts, said the carrier in a statement.  Despite the loss, LATAM believes it is...
Emirates well on the recovery path

Emirates well on the recovery path

Emirates has reduced its half-year-loss and is “well on the recovery path with healthy revenue and a solid cash balance at the end of our first half of 2021-22”, it reported on November 10. The Dubai-airline group reported a net loss of AED 5.7 billion ($1.6 billion)...