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

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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.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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