AGP Executive Report
Last update: 2 hours agoWorkforce Cuts: Qantas plans to eliminate 850 jobs and shift corporate work to Accenture teams in India, citing AI and efficiency; unions warn the move threatens Australian jobs. Boeing will cut about 2,500 commercial-airplane positions as it works to stabilize production. Fuel Pressures: Rising costs are prompting European airlines to trim winter schedules: 21 carriers have cut planned capacity by more than 5%, with easyJet removing about 1.4 million seats. Cabin Upgrades: Frontier has opened sales for its first-class seats, starting March 5, 2027, while Emirates is extending Premium Economy to 31 European destinations and adding winter flights. Aircraft Milestone: Airbus says its A350-1000ULR flew 12,503 nautical miles in 24 hours and 24 minutes, setting a new commercial-airliner distance record. Spirit Data Sale: Unions dropped objections to Google’s $10 million purchase of Spirit Airlines’ former employee data after securing stronger privacy safeguards and exclusions.
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