Thomas Maharis, 19, started at $25 an hour repairing airline cabins for Delta and could earn $35 an hour in a few years. Photo: Leslie Josephs/CNBC After graduating from Aviation High School in Queens, Thomas Maharis was hired as a $25-an-hour aircraft technician at nearby JFK Airport, reports Leslie Josephs at CNBC.
Long Beach is in the early stages of considering stiffer fines for airlines that violate the city's noise ordinance at Long Beach Airport The prospect of enacting tougher fines to keep airlines from operating at Long Beach Airport during hours when they are supposed to be quiet is leading to some worries that such a move could backfire. Long Beach's airport noise control law sets a curfew that's intended to prevent flight operations from taking place between the hours of 10 p.m. and 7 a.m. The law hasn't been changed since 1995, and LGB's leaders have broached the prospect of enacting stiffer fines, or even reducing an airline's ability to schedule flights, as a method of deterring out-of-curfew flights.
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Overbooking is a necessity for the airline industry, according to Azul SA Chief Executive Officer and JetBlue Airways Corp. founder David Neeleman. United Continental Holdings Inc. is struggling to contain the spiraling fallout over a passenger's forcible removal from a flight, recordings of which have spread across social media around the world, sparking outrage.
Airline stocks have retracted as of late, and the pullback has created a few buying opportunities. Despite the fact that crude oil is still 60% lower than its 2014 highs, airline stocks have retracted due to a weak unit revenue environment.