While the coronavirus continues to take a toll on airlines worldwide, David Neeleman’s Breeze Airways has had a stroke of good luck. In August, the company secured $83 million in Series A financing from Peterson Partners and Sandlot Partners. This brings the carrier’s total funding to over $100 million and brings it closer to its 2021 launch goal. Breeze’s fleet will include Embraer E190/195 aircraft leased from Azul Airlines, one of Neeleman’s other business ventures, and 60 A220-300 jets ordered…
The United Airlines chapter of the Air Lines Pilot Association has announced that none of its 13,000 pilots will be furloughed on Oct. 1, the company announced. The agreement will delay any furlough in the pilot group until June 2021 at the earliest. Prior to this agreement, 2,850 pilots out…
In a memo released Tuesday, Delta Air Lines CEO Ed Bastian announced there would be no involuntary flight attendant or ground staff furloughs come Oct. 1. Bastian explained that these jobs were saved by the thousands of employees who volunteered to take unpaid time off, opt for early retirement or…
As demand remains weak and Oct. 1 looms on the horizon, U.S. airlines are struggling to mitigate the impact of COVID-19 in the industry. In that context, Delta has announced in an internal memo that is planning to furlough 1,941 pilots once the CARES act prohibition on involuntary cuts ends.…
Canadian low-cost carrier WestJet has come to an agreement with pilots for its subsidiary Swoop to allow them to unionize. The agreement has come as the end of a months-long saga between WestJet and its pilots. A first contract between the pilots and the airline is expected to be completed…
