Shares in American Airlines Group surged more than 30% in opening trading after the carrier was mentioned on Reddit’s WallStreetBets forum, broadening a battle between small-time traders and major Wall Street funds that has shaken U.S. and European stock markets.
US Airlines , Accuse China of , 'Harmful Anti-Competitive Policies'.
CNN reports that the United States aviation industry
has urged the Biden administration to pause the
approval of more flights to and from China.
CNN reports that the United States aviation industry
has urged the Biden administration to pause the
approval of more flights to and from China.
According to an open letter, China's
“existing harmful anti-competitive policies”
are affecting U.S. airlines and workers.
The competitive disadvantage
is harmful to the approximately
315,000 workers employed
by U.S. passenger airlines
that serve China, Airlines for America open letter, via CNN.
The letter, addressing Secretary of State Antony Blinken
and Transportation Secretary Pete Buttigieg, was
signed by Airlines for America, an industry lobby group.
The letter, addressing Secretary of State Antony Blinken
and Transportation Secretary Pete Buttigieg, was
signed by Airlines for America, an industry lobby group.
Members of the group include American Airlines,
Delta and United, along with other unions
representing aviation workers.
Members of the group include American Airlines,
Delta and United, along with other unions
representing aviation workers.
Members of the group include American Airlines,
Delta and United, along with other unions
representing aviation workers.
If the growth of the Chinese aviation
market is allowed to continue unchecked
and without concern for equality of access
in the market, flights will continue to be
relinquished to Chinese carriers at the
expense of U.S. workers and businesses, Airlines for America open letter, via CNN.
CNN reports that the Biden administration said in February
that it would allow Chinese airlines to increase the
number of direct passenger flights to the United States.
At the time, U.S. officials granted Chinese carriers
approval to make 50 weekly round-trip flights,
increased from 35 amid the COVID-19 pandemic.
Prior to the pandemic,
over 150 weekly
flights were allowed. .
China's Foreign Ministry defended the increased number
of flights, citing a "consensus reached" in November between
Chinese leader Xi Jinping and U.S. President Joe Biden.
China's Foreign Ministry defended the increased number
of flights, citing a "consensus reached" in November between
Chinese leader Xi Jinping and U.S. President Joe Biden
Credit: Wibbitz Top Stories Duration: 01:31Published
United Airlines Among , Major US Carriers Facing, Intense Scrutiny Over Incidents .
'Newsweek' reports that United Airlines has made
national headlines following a string of incidents on
flights to and from the United States in recent weeks.
'Newsweek' reports that United Airlines has made
national headlines following a string of incidents on
flights to and from the United States in recent weeks.
United CEO Scott Kirby released a statement addressing
the recent string of incidents, which included an
engine fire and a door panel blowing off mid-flight.
United CEO Scott Kirby released a statement addressing
the recent string of incidents, which included an
engine fire and a door panel blowing off mid-flight.
Unfortunately, in the past
few weeks, our airline has
experienced a number of
incidents that are reminders
of the importance of safety. , Scott Kirby, United Airlines CEO, via 'Newsweek'.
While they are all unrelated,
I want you to know that these
incidents have our attention
and have sharpened our focus. , Scott Kirby, United Airlines CEO, via 'Newsweek'.
Kirby went on to reassure
travelers that steps were being
taken to address the ongoing issues. .
In the past few years,
we've done a lot at United
to build a new culture, improve
our business and earn your trust, Scott Kirby, United Airlines CEO, via 'Newsweek'.
I'm confident that we'll learn
the right lessons from these
recent incidents and continue
to run an operation that puts
safety first and makes our
employees and customers proud. , Scott Kirby, United Airlines CEO, via 'Newsweek'.
'Newsweek' recently released a timeline of incidents
involving three major U.S. airlines, comparing the
number of incidents over the past 12 months.
From March of 2023 to March of 2024,
American Airlines had 63 incidents reported on
AeroInside, a website that tracks aviation incidents.
Over the same period of time,
Delta Airlines had 70 incidents
reported on AeroInside.
United Airlines tops the list with
79 incidents reported on AeroInside
between March of 2023 and March of this year
Credit: Wibbitz Top Stories Duration: 01:31Published
A passenger traveling with American Airlines was detained by the police for using antisemitic slurs against a flight attendant. The man was taken off the plane for engaging in a verbal and physical fight with the crew and fellow passengers.
#AmericanAirlines #Scuffle #AntisemiticSlurs #IsraelHamas #Jews #WhiteNationalism #Racism #WorldNews #Oneindia #Oneindianews
~HT.178~PR.152~ED.194~GR.124~
Another Boeing Flight , Experiences Mid-Flight Tire Issue.
NBC reports that the Federal Aviation Administration
(FAA) is investigating yet another Boeing mishap,
this time involving an American Airlines flight.
On March 13, a Boeing 777 landed after it "blew
a tire during take off" from Dallas-Fort Worth
International Airport, according to the FAA.
American Airlines, the flight's operator, said that no
tire was blown, adding that the pilot was aware that
the pressure was low in one of the aircraft's tires.
The aircraft taxied to the gate
under its own power and
customers deplaned normally, American Airlines statement, via NBC.
LAX confirmed that the flight
landed safely without incident.
The news comes after another incident
involving a Boeing aircraft just last week.
In that incident a tire flew off of a United
Airlines Boeing 777-200 shortly after
takeoff, prompting an emergency landing.
At the time, United said that the Boeing 777-200
is “designed to land safely with missing or
damaged tires" as it has “six tires on each
of its two main landing gear struts.”.
NBC reports that these incidents follow a major
January 5 mishap involving a door panel blowing off
of a Boeing 737 Max 9 plane operated by Alaska Airlines. .
In response to that incident, the FAA grounded all
Boeing 737 Max 9 aircraft in the U.S and ordered
increased oversight of Boeing aircraft production.
Credit: Wibbitz Top Stories Duration: 01:31Published
Reddit Prices Shares , at $34 in IPO.
Reddit will go public on March 21 and has priced
its IPO at $34 a share, Yahoo Finance reports.
That is about a $6.4 billion valuation.
A social media company hasn't gone
public since Pinterest in 2019.
Reddit gained increased recognition
amid the meme stock craze of 2021.
Reddit had 500 million site visitors in 2023.
Its revenue increased 20%
from 2022 to $804 million.
According to an S-1 filing, Reddit said that its "content is particularly important" for the world of artificial intelligence.
We are exploring business
opportunities in licensing data
for purposes including machine
learning, business analysis, display
and training generative AI models, Reddit, via S-1 filing.
1.76 million shares have been set aside for eligible Reddit users and moderators. .
Headline venture partner Kamran Ansar
said the decision lends itself to volatility. .
You may see a big run up in
the stock price and a drop, Headline venture partner Kamran Ansar, via statement.
Because this has such a rabid
community around it, the Reddit
users, you could see Reddit itself
ironically become a meme stock
the way that you saw happen
with like AMC and GameStop, Headline venture partner Kamran Ansar, via statement
Credit: Wibbitz Top Stories Duration: 01:30Published
‘Cowboy Carter’ Is , Missing Tracks on Vinyl, Fans Say.
According to fans who pre-ordered Beyoncé's newest album on vinyl, five songs are missing.
This missing tracks are reportedly
"Spaghetti, Flamenco, The Linda Martell Show, Ya Ya and Oh Louisiana," BBC reports. .
Some fans have even reported that
CD copies are missing four songs.
What is up with that?! How could
she sell an incomplete album?, Fan, via Reddit.
We need at least a discount refund,
or be able to refund altogether
since the CDs and vinyls delivered
are not what was listed, Fan, via Instagram.
Beyoncé previously said that 'Cowboy Carter' took "over five years" to create, which may explain why some vinyl and CDs are missing tracks, BBC reports. .
Albums have to be submitted to
vinyl pressing plants far in advance, so Bey may have added more songs after the fact.
Others noticed that Beyoncé changed the album
title on CD and vinyl copies to 'Act ii: Beyincé.'.
Bey's maternal grandparents were
reportedly called Beyincé, so she
referenced the name in her new work.
Meanwhile, Beyoncé recently talked about how she "wanted to go back to real instruments" on this album.
I didn't want some layers of instruments
like strings, especially guitars, and
organs perfectly in tune. I kept some
songs raw and leaned into folk. , Beyoncé, via statement.
I didn't want some layers of instruments
like strings, especially guitars, and
organs perfectly in tune. I kept some
songs raw and leaned into folk. , Beyoncé, via statement.
All the sounds were so organic and
human, everyday things like the wind,
snaps and even the sound of birds
and chickens, the sounds of nature, Beyoncé, via statement
Credit: Wibbitz Top Stories Duration: 01:30Published
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