UPDATE – Over the weekend and including today, KLM has been forced that cancel almost 100 flights at its Amsterdam Schiphol hub following persistent staff shortages at airport security. The airline says it is “very disenchanted” by the short notice it was given...
The 15-day pilot strike in July has cost Scandinavian airline SAS some SEK 1.4 billion ($135 million). It erased most earnings from the higher demand and higher revenues that SAS saw in the third quarter (May-July) of FY22. The carrier continues to operate as normal,...
UPDATE – SAS has filed for Chapter 11 bankruptcy protection at the New York Southern District Court on July 5. This follows a day after pilot unions announced a strike after they and the unions failed to reach an agreement. SAS files for Chapter 11. “The...
UPDATE – SAS is seeking to raise at least SEK 9.5 billion in new equity capital and convert SEK 20 billion in debt and bonds into common shares as part of its FORWARD transformation plan. The capital raise was announced on May 30 during an update of the plan and...
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...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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