At first, it looked like Southwest Airlines hedged its bets well when it prepaid for fuel because prices were going up. Unfortunately, now oil prices are falling. Janet Babin has more on Southwest and airlines in general.
With fuel prices half of what they were three months ago, it's surprising the airlines aren't doing so much better. Rachel Dornhelm reports air carriers are struggling with diminishing demand.
Miami saw a drop in tourism during the first half of this year and wants the tourists back. A travel show this weekend turns south — way south — to bring a wave of visitors to the beaches and shopping malls.
Union machinists at Boeing could hit picket lines by Friday night, if a two-day cooling off period doesn't stick. Mitchell Hartman has been following the story. He checks in with Kai Ryssdal.
Boeing machinists, the airline's largest union, decisively reject the contract. However, they agree to put a walkout on hold for 48 hours to give Boeing a chance to renegotiate. Mitchell Hartman reports.
If International Association of Machinists members reject the new contract proposal, a strike could cost Boeing $100 million a day and delay delivery of work for the government. Danielle Karson reports.
If the International Association of Machinists members reject the new contract, the union could strike. That could cost the company $100 million a day and delay delivery of work for the government. Danielle Karson reports.
Airlines are already reeling from losses, and travel by air traditionally dwindles after Labor Day. John Dimsdale reports that the industry is now bracing for the biggest wave of cutbacks since Sept. 11, 2001.
Pension and health care costs are on the table as Boeing sits down with its machinists union. But costly delays in delivery of its Dreamliners are putting pressure on Boeing to avoid a strike. Steve Henn reports.
Twenty-six airlines globally went out of business or into bankruptcy protection in the first half of this year. And the International Air Transport Association anticipates more airlines going down. Stephen Beard reports.
