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United Airlines and union agree against mandatory COVID-19 vaccinations for pilots

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United Airlines and its pilots’ union have reached an agreement to prohibit the airline from mandating COVID-19 vaccinations to its pilots.

The Air Line Pilots Association confirmed the two parties have reached the agreement.

“Since the COVID vaccination is not mandatory, pilots who elect not to be vaccinated will not be subject to any discipline,” the agreement states.

United’s CEO, Scott Kirby, has told workers at a meeting in January that the company may make the vaccine mandatory for employees and urged other companies to do the same.

The agreement between the airline and the union also adds that those pilots who have been vaccinated would be eligible for extra pay.

A Qantas plane takes off from the Sydney International airport on May 6, 2021, as Australia’s competition regulator said it would block a pricing, code-sharing and scheduling deal between Qantas and Japan Airlines because it would likely mean higher fares for passengers. (Photo by Saeed KHAN / AFP)

What are other airlines doing?

Delta Air Lines announced earlier this month that it would require all new hires in the United States to be vaccinated against the COVID-19 virus.

American Airlines confirmed in January that it had no plans to make the vaccine mandatory for its workers.

While private U.S. companies can require employees to get vaccinated against COVID-19, experts say they could put themselves at risk of legal and cultural backlash if they do so.

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Money

Warner Brothers & Discovery considers splitting up to boost stock value

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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

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Investors worldwide grow increasingly optimistic about Trump winning the election

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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.

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Netflix expands use of ads despite slow subscriber growth

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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.

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