Bullet points of U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree
- US passenger airlines have added nearly 194,000 jobs since 2021
- Airlines are slowing down hiring due to various challenges
- Glut of flights has pushed down fares and eaten into airlines' profits
- Demand growth has moderated
- Airplanes are arriving late from Boeing and Airbus
- Engines are in short supply
- Labor costs have climbed after groups like pilots and mechanics inked new contracts with big raises
- Some carriers are deferring airplane deliveries altogether
cnbc.com_2 / CNBC Business by Layer3.news
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2024-09-06 13:49:58
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npub1a824tlx9pzc807ddhyy0h9mhqkfjj9j360z2a9kcmxsy6gcjhfaqxnw4tuPublished at
2024-09-06 13:49:58Event JSON
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