Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

American Airlines cancels over 1,600 flights over 3 days

Published

on

American Airlines

Weather and staffing shortages were to blame for the delays with the airline promising better operations next month

Extreme weather in the U.S. has forced over 1,600 American Airlines flights to be cancelled over three days.

High winds and staffing shortages has affected one of its busiest hubs in Texas, with Southwest Airlines also cutting five per cent of its flights. 

All runways at Dallas/Fort Worth international airport were labelled to be out of order late last week.

This intensified the difficulty in positioning crew with 30 per cent of flights cancelled on Sunday.

This comes only a few weeks after Southwest Airlines faced similar issues, raising doubts about whether airlines are prepared for the busier holiday period.

Over 2,000 of its flights were disrupted in Florida due to wild weather and staff scarcity.

American Airlines Chief Operating Officer David Seymour says customers were able to be moved to alternative flights.

“To make sure we are taking care of our customers and providing scheduling certainty for our crews, we have adjusted our operation for the last few days this month by proactively canceling some flights,” says Mr Seymour.

“With additional weather throughout the system, our staffing begins to run tight as crew members end up out of their regular flight sequences.”

An American Airlines spokesperson predicted normal operations to resume on Monday, with some “residual impact from the weekend”.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

Continue Reading

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

on

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Continue Reading

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

on

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Continue Reading

Money

Netflix expands use of ads despite slow subscriber growth

Published

on

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

Continue Reading

Trending Now