Travel Roundup: GE Buys Chinese, Dollar Thrifty Fires 400, Delta CEO Gets $13.6M and More
Chinese company sells five jets to General Electric -- One of China's largest aircraft makers, Commercial Aircraft Corporation of China, signed a $750 million deal delivering five jets to General Electric and gives the company an option for 20 more. The five jets will be used in GE's aircraft leasing branch. [Source: Reuters]
Dollar Thrifty lays off 400 -- Dollar Thrifty, the Tulsa-based car rental company, announced it would lay off approximately 400 employees. The biggest cuts are in senior management. [Source: Dollar Thrifty]
Delta CEO gets $13.6 million for NWA buyout -- Delta Airlines chief executive Richard Anderson will get $13.6 million of stock for overseeing the company's Northwest Airlines buyout. Other managers will also receive millions of shares. [Source: Atlanta Journal-Constitution]
Boeing says 787 test flight delayed because of strike -- Boeing Co. reported their long-awaited 787 jetliner test flight was postponed until next year because of a strike. The eight-week machinists' strike ended Saturday with a ratified contract. [Source: Winston-Salem Journal]