Connect with us

Business

U.S. airline bosses to be grilled over flight delays and cancellations

Published

on

There are no surprise travelers are frustrated with ongoing post-pandemic airport headaches and delays.

With staff shortages, lost luggage, massive queues and high fares, airline passengers have had plenty to complain about this year.

This past May, just 77.2% of flights to U.S. airports arrived on time, that’s down compared to May 2019.

The U.S. Department of Transportation recorded 2,413 complaints against U.S. airlines in May.

Complaints relating to flight cancellations, delays and missed connections more than doubled since before the pandemic.

And it’s only going to get worse.

These numbers don’t yet include the chaotic summer rush which has forced airlines like United, Delta and others to trim their schedules. 

American and United executives will face investors Thursday when they discuss their operations on quarterly earnings calls.

Mishandlings of wheelchairs and scooters across the two periods was similarly steady. While total mishandlings increased by 159 incidents, the percentage of such occurrences was similar, at about 1.53% in May.

The rate and number of mishandled bags as well as wheelchairs and scooters, however, was up from last year.

Read the full report here

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Continue Reading

Business

Disney’s Drama

Published

on

What’s going on at Disney and why is the world’s largest entertainment company in trouble?

 
Dreams are a wish your heart makes, or at Disney, dreams are having a tough time of coming true.

After decades of turning children’s dreams into fantasies, the mouse-house is facing a crisis of leadership.

This Ticker Original looks at how the Walt Disney Company got here, and what happens next. #disney #bob iger

Continue Reading

Business

The Tech Market Crash

Published

on

Since the Global Financial Crisis, tech companies have been riding high and making billions, so what happened?

 
It’s been a shocking year for tech companies. Riding high off the back of the pandemic, reality suddenly hit.

Across Silicon Valley, and spreading to Wall Street, the once darlings of the Nasdaq were suddenly hit hard.

So what happened, and where to from here?

This Ticker Original investigates. #snapchat #apple #tech stocks #nasdaq

Continue Reading

Business

Shell delivers record 2022 profit

Published

on

Petrol company Shell has delivered a record $40 billion profit in 2022

It comes on the back of surging energy prices, and the war in Ukraine.

The company also reported a fourth-quarter profit of almost $10 billion, beating estimates.

The $40 billon in annual profit soared past the previous record of $31 billion in 2008.

Continue Reading
Live Watch Ticker News Live
Advertisement

Trending Now

Copyright © 2023 The Ticker Company PTY LTD