Pilots Financial News

26.07 / 08:21

UPS Aviat Action Airlines show Pilots DGCA suspends IndiGo pilots for tail-strike incident in Ahmedabad

New Delhi: The Indian civil aviation regulator Directorate General of Civil Aviation has suspended the pilots involved in a tail strike incident at Ahmedabad airport on 15 June. While the pilot-in-command has been suspended for three months, the co-pilot has been suspended for a month. “On 15.06.2023, an Airbus 321 aircraft was involved in a tail strike while landing at Ahmedabad.

24.07 / 07:37

Pilots Belgian Ryanair pilots to strike again July 29-30

BRUSSELS (Reuters) — Belgian Ryanair (IR:RYA) pilots have called for a new strike on July 29 and July 30 as management failed to address their demands of higher wages and better working conditions, union representatives told the Rtbf broadcaster.

24.07 / 01:57

Reuters Aviat Fox Airlines track Pilots American Airlines American Airlines boosts offer to pilots union as air industry travel woes mount

Travel expert Lee Abbamonte warns that the July 4th travel rush isn't the end of a busy travel year.

24.07 / 01:57

UPS Citi Provident Progressive Fox Boeing Pilots UPS pilots union says it will honor Teamsters picket line if strike happens

Teamsters General President Sean O'Brien tells ‘Your World with Neil Cavuto’ UPS may be delaying reporting its profits to have a better negotiating position with the union.

23.07 / 11:53

UPS Career show Pilots 'I would've ended up divorced': Why many pilots don't want to get promoted to captain

United Airlines first officer Phil Anderson has turned down opportunities to be promoted to captain as he does not want the unpredictable schedule that comes with the bigger paycheck. Anderson is one of many who have passed on that promotion at United, and analysts and union officials said a resulting shortage of captains — who function as head pilots — could cut the number of flights available to travelers by next summer. One industry official dubbed it the «no one wants to be a junior captain syndrome.» Some smaller regional carriers have already been forced to reduce their flights by as much as 20% due to staffing constraints, said Robert Mann, a former airline executive who now runs a consulting firm.

17.07 / 15:53

Airlines LinkedIn Pilots Deal United Airlines shares move higher after labor deal reached with pilots

Investing.com — United Airlines Holdings (NASDAQ:UAL) shares rose on Monday after the U.S. carrier reached a labor deal over the weekend with its pilots that will see the workers receive a significant jump in pay.

16.07 / 02:59

UPS Booking CEO Airlines Parke Pilots United Airlines pilots reach 'historic' agreement in principle, with big pay raises, other perks

Former United Airlines CEO Oscar Munoz discusses a government report blaming airlines for cancelations, retention in employees, and his new book, «Turnaround Time.»

15.07 / 22:53

UPS CEO Gap Airlines Pilots boost United Airlines pilots reach labor agreement, boost pay

CHICAGO (Reuters) -United Airlines and its pilots on Saturday reached a labor agreement that will give the latter a significant pay increase, after the union rejected an earlier offer last year instead to seek even higher wages with pilots in short supply.

13.07 / 12:21

Aviat Boeing FedEx Pilots Missing a small part on a landing gear, FedEx pilots were forced to make an emergency landing

A small missing part forced pilots of a FedEx cargo plane to make an off-balance emergency landing

13.07 / 06:45

COST UPS Action Airlines Enterprise Pilots Qantas says it didn’t have to pay pilots, even if it saved money

Qantas saved about $80,000 in training costs for every pilot who missed out on a promotion when the airline last hired externally, but refused to compensate those who it wanted to pass over when it restarted operations after the pandemic.

11.07 / 08:23

UPS Airlines Matthews Boeing Enterprise Pilots Pilots say Qantas should pay to bypass them

The Australian International Pilots Association has told the Federal Court that Qantas should have to pay its pilots if it bypasses them to hire from outside the company to fly its biggest planes, saying the pilots “reasonably” considered the airline’s request before declining it.

05.07 / 13:52

Aviat Merit Airlines Remark Pilots Delhi HC dismisses plea against reduction in allowances of Air India pilots due to COVID-19

Delhi High Court has refused to interfere with the Centre's decision reducing allowances of Air India pilots on account of the COVID-19 pandemic in 2020, saying the pilots, who were taking home lakhs of rupees in spite of the cut when many others in the country had lost their livelihood, cannot claim victimisation. A division bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad took judicial notice of the complete lockdown in 2020, when all aviation operations were suspended, as well as the fact that pilots across various airlines lost their jobs but Air India ensured there were no lay-offs.

29.06 / 18:23

Digital MasterCard Pilots Mastercard pilots tokenized bank deposits

The network will have four “pillars of trust”: trust in counterparty; trust in digital payment asset; trust in technology; and trust in consumer protections.A beta version of MTN is being made available in the UK and will be used for pilot applications and use cases with financial institutions, fintechs and central banks, beginning with the tokenised bank deposits exploration.

20.06 / 06:43

UPS Citi Digital Mobile Metro Pilots Power network China Pilots Power- and Network-free CBDC Metro Payments

The Chinese city of Quingdao will pilot an electricity- and network-free digital yuan public transport payments solution, marking another national first for the central bank digital currency (CBDC).

06.06 / 20:22

Blockchain UPS Ethereum Digital Pilots gilts Archax pilots digital FTSE100 stocks and gilts on blockchain

Investors will soon be able to trade digital versions of FTSE100 shares and UK government bonds on the blockchain, as digital assets firm Archax gears up to issue prototypes of both this week.

28.04 / 16:23

Blockchain Payments FinTech Money Transfers Pilots Crypto platform Simple.app pilots new solution for sending money to Ukraine

International money transfers have long been a challenge for anyone who needs to send money from one country to another. Traditional banking systems are slow and expensive because many banks don’t have a direct relationship with each other, so they have to charge high processing fees or use an intermediary to complete a transfer. The multi-step process can take days or even weeks to complete a transfer. This makes it increasingly difficult for people to pay for expenses abroad or send money to loved ones who may be in a time crunch.

22.02 / 15:43

Adoption Binance defi Europe Pilots France pilots in-store crypto payments as Binance partners with Ingenico

The mainstream adoption of crypto and crypto-based services continues, as more companies are bridging traditional financial (TradFi) solutions with decentralized financial (DeFi).

20.12 / 03:37

Citi Provident Digital Pilots UN pilots blockchain-based system for getting aid to people in Ukraine

During the pilot, once UNHCR has confirmed the eligibility of an aid recipient it distributes funds to them in the USDC stablecoin.

23.10 / 15:09

Drones Pilots Russian fighter jet crashes into a two-storey building in Siberia, both pilots killed

A Russian fighter jet crashed into a residential building in the Siberian city of Irkutsk Sunday, killing both pilots, regional authorities said.

29.08 / 15:01

shooting Pilots Two Air France pilots suspended after cockpit fight during Geneva-Paris flight

Two Air France pilots have been suspended after a fight in the cockpit forced the aircraft's cabin crew to intervene.

03.08 / 22:11

Ethereum Adoption Binance Google Pilots Binance pilots NFT ticketing: Nifty Newsletter, July 27–Aug 2

In this week’s newsletter, read about how Binance started its NFT ticketing service by partnering with a sports club. Check out the NFT exchange-traded fund (ETF) that was released by trading platform KuCoin and how Google AI was able to paint BAYC-inspired NFTs.

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