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Wednesday, September 23rd, 2020
Home » Tag Archives: Airbus

Tag Archives: Airbus

United Airlines sending ‘gut punch’ furlough warnings to 45% of its staff

Man walking. Airport check in area. United.

REUTERS, JULY 8, 2020 CHICAGO (Reuters) – United Airlines (UAL.O) said on Wednesday it was preparing to send notices of potential furloughs to 36,000 U.S.-based frontline employees, or about 45% of staff, as travel demand hit by the coronavirus pandemic struggles to recover. United shares lost 3.3% in midday trading. Not everyone who receives a notification will be furloughed, United …

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Many favorite European goods hit by new US tariffs

PortandTerminal.com, October 18, 2019 A fresh round of U.S. tariffs on $7.5 billion in European goods takes effect Friday in retaliation for what the World Trade Organization decided were illegal EU subsidies for airplane maker Airbus. WASHINGTON, DC – The US imposed 25% tariffs on $7.5bn on some favorite goods from the European Union (EU) just after midnight in on October 17th. The …

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TRADE: Is America ready for a major two-front trade war?

PortandTerminal.com, July 4, 2019 Donald Trump has threatened fresh tariffs on $4bn of European products including cheese, scotch whisky and olives, ratcheting up pressure on the EU in a long-running row over aircraft subsidies. Brussels, Belgium – With most of the oxygen in the room these days being consumed by the punishing China/United States trade war, it would be easy to overlook …

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