Stay in the loop! Subscribe to our newsletter and gain access to exclusive insights, trends, and news from the world of business and leadership. Don’t miss out!
WestJet, owned by Onex Corp, has issued a 72-hour lockout notification to the Aircraft Mechanics Fraternal Association (AMFA), the union representing its maintenance engineers.
The company warned that a work stoppage could commence as early as Tuesday if an agreement is not reached with AMFA.
While WestJet and AMFA are engaged in talks, Bret Oestreich, the union president, acknowledged that both parties are still striving to reach a mutually acceptable agreement before the lockout deadline.
Canada’s Labor Minister, Seamus O’Regan, confirmed that the government had received WestJet’s lockout notice. O’Regan stated that federal mediators are actively facilitating discussions to facilitate a resolution at the bargaining table.
Despite the looming threat of a work stoppage, WestJet reassured passengers that travel disruptions are not imminent.
The airline pledged to undertake necessary measures to manage any potential impacts, including operating a reduced schedule, accommodating changes and cancellations, and offering flexible options for affected customers.
Volvo Cars has reduced its margin and revenue expectations for the second time this year. This
Safe Superintelligence (SSI), co-founded by former OpenAI chief scientist Ilya Sutskever, has successfully raised $1 billion
According to two sources familiar with the matter, Tesla plans to introduce a six-seat variant of
Cryptocurrency investors and industry executives plan to raise at least $100,000 for Vice President Kamala Harris
Warren Buffett’s conglomerate, Berkshire Hathaway, has reduced its stake in Bank of America (BofA) by selling
