Tag

Fleet Grounding

All articles tagged with #fleet grounding

"Boeing Headwinds: Impact on United and Alaska Airlines Earnings"

Originally Published 1 year ago — by Yahoo Finance

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Source: Yahoo Finance

United Airlines warns of first-quarter 2024 outlook impact due to grounding of Boeing 737 Max 9 jets for inspections, prompting discussions on potential implications for other airlines like JetBlue, Spirit Airlines, and Alaska Airlines. Expert Mike Boyd suggests that Boeing's commitments until 2030 make it difficult for Airbus to fill the gap, while also commenting on the blocked JetBlue-Spirit merger and the challenges faced by Alaska and JetBlue due to fleet issues.

"Alaska Airlines' Ongoing Disruption: CEO's Acknowledgment and Passenger's Harrowing Experience"

Originally Published 2 years ago — by The New York Times

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Source: The New York Times

Alaska Airlines has grounded 20 percent of its fleet, including Boeing 737 Max 9 jets, after a fuselage panel blew out on one of its planes, leading to flight cancellations and disruptions for passengers. The airline will keep its Max 9 jets grounded until at least Saturday while awaiting instructions from Boeing on safety inspections, causing as many as 150 flight cancellations per day.

Cruise Cuts 24% of Workforce Amid Robotaxi Fleet Grounding

Originally Published 2 years ago — by The Verge

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Source: The Verge

Cruise, the self-driving unit of General Motors, is laying off nearly 900 employees, or 24% of its workforce, after grounding its fleet due to a hit-and-run incident. The California Department of Motor Vehicles suspended Cruise's permit to operate driverless cars, prompting GM to reduce spending on Cruise and appoint its own executives to oversee the company. Several top executives, including the CEO and chief product officer, have left the company. Cruise plans to relaunch its driverless ridehail operations in one city and prioritize the Chevy Bolt platform. GM expects to lose less money on Cruise going forward and believes fully driverless cars will scale faster than anticipated.