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MTA and LIRR Unions in Negotiations to Prevent Potential Strike

MTA and LIRR Unions in Negotiations to Prevent Potential Strike

Negotiations are ongoing between the Metropolitan Transportation Authority (MTA) and Long Island Rail Road (LIRR) unions to avert a potential strike that could impact over 300,000 daily commuters. The discussions aim to resolve disputes over contract terms and working conditions. The outcome of these negotiations is critical, as a strike could disrupt transportation services across Long Island, affecting both daily commuters and the regional economy.
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Exclusive-Brazil's Azul sees $200 million fuel hit this year; restructuring to cushion blow

Exclusive-Brazil's Azul sees $200 million fuel hit this year; restructuring to cushion blow

By Gabriel Araujo SAO PAULO, May 8 (Reuters) - Brazilian airline Azul expects a hit of about 1 billion reais ($204.15 million) from higher jet fuel prices this year, but believes it is better positioned than peers to absorb the impact after a recent restructuring, CFO Antonio Carlos Garcia told
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Jet Fuel Shortage Drives Up Summer Airfares Amid Global Supply Crisis

Jet Fuel Shortage Drives Up Summer Airfares Amid Global Supply Crisis

Jet Fuel Shortage Drives Up Summer Airfares Amid Global Supply Crisis
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SAIL Faces Major Protests Over 40% Workforce Reduction Plan

SAIL Faces Major Protests Over 40% Workforce Reduction Plan

SAIL Faces Major Protests Over 40% Workforce Reduction Plan
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Italian Unions Announce Strike Against Kering Over 'ReconKering' Plan and McQueen Layoffs

Italian Unions Announce Strike Against Kering Over 'ReconKering' Plan and McQueen Layoffs

Italian Unions Announce Strike Against Kering Over 'ReconKering' Plan and McQueen Layoffs
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Spirit Airlines Cuts Over 900 Jobs in Texas Amid Financial Struggles

Spirit Airlines Cuts Over 900 Jobs in Texas Amid Financial Struggles

Spirit Airlines Cuts Over 900 Jobs in Texas Amid Financial Struggles
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Glencore Criticized for Stalling Tactics in Workforce Negotiations

Glencore Criticized for Stalling Tactics in Workforce Negotiations

Glencore Criticized for Stalling Tactics in Workforce Negotiations
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Air India Pauses Salary Increases Amid Financial Challenges

Air India Pauses Salary Increases Amid Financial Challenges

Air India Pauses Salary Increases Amid Financial Challenges
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Spirit Airlines Shuts Down Texas Operations, Resulting in Over 900 Job Losses

Spirit Airlines Shuts Down Texas Operations, Resulting in Over 900 Job Losses

Spirit Airlines Shuts Down Texas Operations, Resulting in Over 900 Job Losses
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U.S. and Mexico Agree on Steps to Resolve Air Services Dispute Affecting Transborder Routes

U.S. and Mexico Agree on Steps to Resolve Air Services Dispute Affecting Transborder Routes

The United States and Mexico have reached an agreement to address a longstanding dispute over Mexico's alleged violations of the 2015 open skies air services agreement. This dispute has led to restrictions on Mexican airlines' transborder routes. U.S. Transportation Secretary Sean Duffy announced that the two countries have come to an understanding following multiple rounds of bilateral consultations. A memorandum of consultations has been established as a first step towards resolving the issue. Mexico's Secretariat of Infrastructure, Communications and Transportation (SICT) has committed to conducting an airport capacity declaration process and ensuring fair access for U.S. carriers to operate slots at Mexico City Benito Juárez International Airport. The U.S. Department of Transportation had previously imposed restrictions on 13 transborder routes operated by Mexican carriers and banned Mexican airlines from carrying belly cargo between Mexico City and the U.S. The dispute dates back to previous administr...
Reuters Reuters
Factbox-Airlines tackle fuel cost surge with price hikes, outlook cuts

Factbox-Airlines tackle fuel cost surge with price hikes, outlook cuts

May 6 (Reuters) - A surge in jet fuel prices from $85-$90 to $150-$200 per barrel amid the U.S.-Israeli war on Iran has blindsided the aviation industry, where fuel accounts for up to a quarter of operating expenses, forcing airlines to raise fares and revise their financial outlooks.
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American Airlines Introduces Centennial Beef Wellington in First Class

American Airlines Introduces Centennial Beef Wellington in First Class

American Airlines Introduces Centennial Beef Wellington in First Class