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A pilots' strike at Asiana Airlines, South Korea's number two carrier, stretched into a fifth day Thursday after talks between management and union leaders failed to resolve their differences and the airline was forced to cancel more flights.
LOS ANGELES: Boeing Co. officials have not yet decided whether to scrub upcoming satellite launches or hire replacement workers after machinists went on strike in California, Alabama and Florida, a company spokesman said.
NEW YORK: Delta Air Lines Inc., which lost $2.6 billion (euro2.22 billion) in the first nine months of this year, needs the $3 billion (euro2.56 billion) in annual cost savings from its reorganisation plan to survive, chief financial officer Edward Bastian told a bankruptcy court.
The South Korean government invoked emergency powers Sunday to end a walkout by unionized pilots at Korean Air Co., the nation's largest airline.
SEOUL, South Korea (AP): Unionised workers at Hyundai Motor Co. will negotiate further with management over a new wage package despite approving a resolution to go on strike, a union spokesman said Saturday.
LOS ANGELES (AP) - The union representing Hollywood directors began its contract talks Saturday, with striking TV and film writers likely calculating how a deal might affect them.
DETROIT (AP): United Auto Workers President Ron Gettelfinger said Saturday he thought the union had been close to a contract deal to end a strike against American Axle until the auto parts supplier offered a proposal that includes closing three plants.
American Axle and Manufacturing Holdings Inc. boosted its wage offer and increased the payments it will give workers to take a wage cut as part of a tentative agreement that could settle an 11-week strike by the United Auto Workers union, a person briefed on the deal said Saturday.