Workers will get assistance
The U.S. Department of Labor has approved Trade Adjustment Assistance for 217 HarperCollins workers in Scranton who are set to be laid off by Sept. 30 due to foreign competition impacting the industry.
U.S. Sen. Bob Casey, D-Scranton, urged the department to approve the assistance and applauded its decision.
The assistance gives the workers access to training so they can learn new skills to compete in the job market they’ll re-enter.
Corbett earns BIO honors
Gov. Tom Corbett was honored Tuesday by the Biotechnology Industry Organization with its 2013 Governor of the Year Award in recognition of his leadership and commitment to strengthening the biotechnology and public health sectors within Pennsylvania. Corbett received the award at the 2013 BIO International Convention in Chicago.
US Airways up, up and away
Full planes were good to US Airways in the first quarter.
The nation’s fifth-largest airline on Tuesday posted a bigger adjusted profit as it carried more passengers, and collected more from them.
Automatic government spending cuts hurt demand from government travelers, who account for about 3 percent of US Airways revenue. Revenue from government travelers dropped 37 percent in March, when the spending cuts kicked in. The airline has a hub at Reagan National Airport in Washington.
The airline earned $44 million, or 26 cents per share. Its adjusted profit was 31 cents per share, topping the expectations of analysts polled by FactSet.
Revenue rose 3.5 percent to $3.38 billion, driven by what the airline called “a strong demand environment.”
Poland’s 787s to fly in June
Polish national airline LOT said its Boeing 787s, grounded for months due to battery problems, will resume flying in June and it will seek compensation from Boeing.
LOT’s chief executive says both of the airline’s 787s will resume commercial flights to North America and China following repairs and test flights. The two planes are currently on the ground in Chicago and Warsaw.
LOT is Europe’s only airline to have 787s.