Category : Search result: airline compensation


World's Busiest Airline Route in 2025 Revealed

New OAG data reveals South Korea's Jeju-Seoul Gimpo as the world's busiest airline route for 2025, with Asia Pacific dominating global rankings. Discover the top routes and key trends.

Elon Musk's $139B pay deal restored by judge

A Delaware judge has reinstated Elon Musk's monumental 2018 compensation package worth $139 billion, concluding a years-long legal dispute. Explore the details and implications.

Air Transat Q4 loss amid shareholder board shakeup calls

Air Transat reports a $12.5 million net loss for Q4, a 130% year-over-year decline, as major shareholder Pierre Karl Péladeau pushes for a board restructuring. Key financial details and the upcoming shareholder meeting.

Air Transat reports $12.5M net loss in fourth quarter

Air Transat announced a net loss of $12.5 million for its fourth quarter, despite generating $771.6 million in revenue. The Montreal-based airline continues to navigate post-pandemic recovery challenges.

Transat reports $12.5M Q4 loss after year-ago profit

Air Transat parent company Transat A.T. reported a $12.5 million loss in its fourth quarter, a sharp reversal from a $41.2 million profit a year earlier. The results highlight ongoing challenges in the aviation sector.

Rat on Plane Halts Caribbean Flight, Strands Passengers

A KLM flight from Aruba to Amsterdam was cancelled after a large rat was seen scurrying through the cabin. Over 250 passengers were stranded, given hotel accommodations while the airline found alternate plans.

U.S. Waives $33M of Southwest Airlines Fine

The U.S. Department of Transportation has waived a significant portion of a Biden-era penalty against Southwest Airlines for 2022 holiday meltdown. Discover the details and implications.

Canada's big banks increase bonus pools by 15%

Canada's largest lenders set aside 15% more for bonuses in fiscal 2025, driven by busy capital markets and trading. Discover which banks led the increase and the factors behind the surge.

Big Six Bank Bonuses Rise 15% on Higher Dealmaking

Canada's largest banks increased performance-based compensation by 15% in fiscal 2025, driven by robust capital markets and wealth management profits. Discover which banks led the pay hikes.

Winnipeg may pay small businesses for construction losses

Two Winnipeg city councillors are pushing a motion to consider financial compensation for local small businesses suffering losses due to disruptive road construction projects. Learn about the proposal and its potential impact.

Delta Air Lines lost $200M in U.S. shutdown

The longest U.S. government shutdown cost Delta Air Lines an estimated $200 million in revenue. The airline cites reduced travel demand from federal employees and contractors.

Pilots Hide Mental Health Struggles to Keep Flying

A concerning report reveals airline pilots in Canada and globally are hiding mental health conditions due to fear of losing their medical clearance and careers. Learn about the systemic risks and calls for reform.

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