United Parcel Service (UPS) and FedEx (FDX) have become viable sources for PSA Airlines, a regional carrier owned by American (AAL), to look for pilots, as major domestic carriers have been “on a hiring spree,” leaving regionals like PSA scrambling, reports Alison Sider and Esther Fung for the Wall Street Journal. A FedEx executive for flight operations and training, ” told pilots last week that the air-cargo slowdown would likely continue for the foreseeable future,” and they may want to consider the PSA offer, added the WSJ story.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AAL:
- U.S. Airlines criticize Congress bill on credit-card fees, BI reports
- It’s Probably Time to Ground United Airlines Stock (NASDAQ:UAL)
- American Airlines price target lowered to $15 from $17 at Evercore ISI
- American Airlines price target raised to $14 from $10 at TD Cowen
- American Airlines orders four Embraer E175s for Envoy Air
