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Tag: Delta Air Lines Inc

  • American Airways CEO tells pilots the service will fit Delta’s pay

    FILE – American Airways President Robert Isom speaks at a information convention in regards to the corporate’s new partnership with Alaska Airways, Thursday, Feb. 13, 2020, in Seattle. American Airways CEO Doug Parker will retire subsequent March and get replaced through the airline’s present president, Robert Isom.

    Elaine Thompson | AP

    American Airways is ready to lift pilot pay to check that of Delta’s, together with 40% cumulative will increase in a possible four-year deal, CEO Robert Isom mentioned in a message to pilots.

    Closing week, Delta turned into the primary of the largest U.S. airways to succeed in a brand new contract with its 15,000 pilots. They ratified a four-year deal that grants them 34% cumulative raises and different quality-of-life enhancements. The deal units the level for different airways and unions to succeed in agreements.

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    The Covid trip stoop paused contract negotiations, and talks had been fraught when call for snapped again as pilots sought higher reimbursement and schedules.

    “Let me be transparent, American is ready to check Delta’s pay charges and supply American’s pilots with the similar profit-sharing components as Delta’s pilots,” Isom mentioned within the message to pilots, despatched Tuesday and noticed through CNBC.

    An settlement may come with 21% pay will increase within the first 12 months of the contract, Isom mentioned. Factoring in upper 401(okay) contributions through the top of a four-year deal, a captain flying narrow-body planes would make $475,000 on the best of the size, up $135,000 from present pay, whilst essentially the most senior captains of wide-body planes would make $590,000 consistent with 12 months, a $170,000 build up from as of late.

    Isom additionally vowed higher scheduling and “extra simple task” on when pilots would fly. Pilots around the trade have complained about widespread time table adjustments all the way through airways’ rocky trail to rebuilding networks to fulfill top trip call for. Aviators have additionally been in brief provide.

    The Allied Pilots Affiliation, American Airways pilots’ union, did not right away touch upon Isom’s remark.

  • World manufacturers glance to spice up media funding in ladies’s sports activities thru a brand new partnership, The Ladies’s Sports activities Membership

    IOC govt board member Angela Ruggiero attends the Medal Rite on day six of the PyeongChang 2018 Wintry weather Olympic Video games at Medal Plaza on February 15, 2018 in Pyeongchang-gun, South Korea.

    Alexander Hassenstein | Getty Pictures

    For four-time Olympian and gold medal-winning ice hockey celebrity Angela Ruggiero, pushing for extra media consideration and sponsorship greenbacks for girls’s sports activities comes naturally.

    All over her taking part in days and her stint because the chairperson of the World Olympic Committee Athletes’ Fee, she were given a entrance row seat to the disparities between males’s and ladies’s sports activities. Lately, thru her corporate, the Sports activities Innovation Lab, she’s devoted to converting that.

    Ruggiero’s Sports activities Innovation Lab on Tuesday introduced a partnership with banking large Best friend to create the Ladies’s Sports activities Membership, a coalition of main manufacturers and media that can paintings to take on one of the vital demanding situations in purchasing ladies’s sports activities stock and to raising funding in ladies’s sports activities.

    Greater than 20 world manufacturers that purchase and promote sports activities media and sponsorships are coming in combination to pressure media spending to girls’s sports activities. They come with names equivalent to Morgan Stanley, Nike, Gatorade, Coca-Cola and Delta, along with leagues such because the WNBA and LPGA.

    The Ladies’s Sports activities Membership will meet at vital media and wearing occasions all through the yr, starting with the South via Southwest match subsequent week in Austin, Texas.

    “Ladies’s sports activities have arrived, and everybody consents it is good industry to take a position,” Ruggiero mentioned. “However there are actual limitations inhibiting manufacturers from putting scaled media buys. The Ladies’s Sports activities Membership is addressing this problem head-on.”

    Villanova Wildcats ahead Christina Dalce (10) drives to the basket towards UConn Huskies ahead Dorka Juhasz (14) right through the Large East Ladies’s Basketball Match championship recreation between Villanova Wildcats and UConn Huskies on March 6, 2023, at Mohegan Solar Area in Uncasville, CT.

    M. Anthony Nesmith | Icon Sportswire | Getty Pictures

    The membership is attempting to take on a subject matter that has held ladies’s sports activities again for many years: Manufacturers say there is not sufficient media protection to justify promoting greenbacks, whilst broadcasters say there are not sufficient promoting greenbacks to justify media protection.

    That suggests ladies’s sports activities continuously get damaging timeslots, which has translated to decrease viewership and smaller media offers. This all trickles down and way much less price for the leagues and decrease pay for avid gamers.

    Sports activities Innovation Lab has spent years researching the affect of ladies’s sports activities and has discovered the section is rising its fan base two times as rapid as the wider, basic sports activities fan group.

    “[Fans of women’s sports] watch longer; they are extra logo unswerving. They are a deeper client than one of these informal males’s fan,” Ruggiero mentioned.

    “For us, it is so simple as hanging deeds over phrases. We already know emphatically that making an investment in ladies’s sports activities is excellent for industry,” mentioned Andrea Brimmer, Best friend’s leader advertising and public members of the family officer.

    Best friend previous this week finished a significant media purchase with ESPN. The only-year, multimillion-dollar deal calls for 90% of its funding to be put to girls’s sports activities, thru increasing recreation highlights, branded content material and contours throughout ESPN. The corporate additionally teamed up with the Nationwide Ladies’s Football League and greater its media funding with CBS to raise the league championship fit right into a primetime time slot for the primary time ever. The corporate has dedicated to attaining equivalent spending in males’s and ladies’s sports activities over the following 5 years.

    “The true problem is determining the place we are going to put our cash. There simply is not sufficient stock in ladies’s sports activities to get us to 50-50. And that’s the reason an issue the Ladies’s Sports activities Membership goes to resolve, along side one of the vital greatest manufacturers,” mentioned Brimmer.

  • Delta pilots approve new contract with 34% raises

    A pilot walks previous the home windows on the newly renovated Delta terminal D at LaGuardia Airport in New York March 6, 2021.

    Timothy A. Clary | AFP | Getty Pictures

    Delta Air Traces pilots on Wednesday licensed a brand new contract that incorporates 34% raises over 4 years and different enhancements because the business faces a chronic scarcity of aviators and powerful trip call for.

    Delta and the pilots’ union had reached a initial settlement in December. Wednesday’s ratification makes the Atlanta-based airline the primary of the most important U.S. carriers to finalize a hard work settlement with its 15,000 pilots. United, American and Southwest pilots’ unions are nonetheless in negotiations.

    Delta’s pilots’ union, the Air Line Pilots Affiliation, stated the contract received reinforce from 78% of pilots.

    The beginning of the Covid pandemic 3 years in the past had behind schedule negotiations at primary airways. Commute call for has since rebounded, and airline executives have stated pilot shortages have restricted capability enlargement, an element that has stored airfares top.

    “The pilots as an entire are putting when the iron is sizzling,” stated Savanthi Syth, airline analyst at Raymond James. “They almost certainly notice that is the most productive second in time to get a deal completed.”

    In January, Delta stated that even with “all anticipated hard work price will increase” it expects a drop of as much as 4% in nonfuel prices.

    Contract talks between airways and hard work unions were fraught from time to time, as aviators search upper pay and higher schedules. Delta’s pilots final yr voted in desire of permitting the union to authorize a strike when contract talks hadn’t yielded an settlement, and the airline’s pilots picketed a number of instances.

    Alaska Airways pilots received raises of their newest hard work deal final yr. JetBlue Airlines and Spirit Airways, that are waiting for a central authority reaction to their deliberate merger, have each and every struck offers with their pilots not too long ago.

    Regional airways, the place the pilot scarcity has been maximum serious, have additionally hiked pay not too long ago to draw and retain pilots.

  • FedEx pilot union inches nearer to strike with unanimous acclaim for authorization vote

    FedEx Specific pilots wood outdoor the New York Inventory Change (NYSE) in New York, on Monday, Sept. 26, 2022.

    Michael Nagle | Bloomberg | Getty Photographs

    The union representing FedEx pilots unanimously authorized a strike authorization vote ultimate week, in line with a Wednesday press unencumber.

    Contract negotiations between FedEx control and the FedEx Specific Grasp Govt Council of the Air Line Pilots Affiliation Global have stalled, and not using a long run talks scheduled, the discharge stated.

    “The verdict to transport nearer to a strike authorization vote is the results of just about six months of federally mediated negotiations that has resulted in our unhappiness with FedEx control’s movements on the bargaining desk,” stated FedEx MEC chair Captain Chris Norman.

    FedEx pilots had been in negotiations with control since Might 2021. In step with a observation at the FedEx pilots’ web site, pilot leaders allege the corporate has did not “recognize pilot contributions.”

    “ALPA management’s approval to most likely behavior a strike authorization vote at some long run time has no affect on our carrier as we proceed turning in for our consumers all over the world,” FedEx stated in a observation.

    Tensions had been top because the airline business rebounds from the Covid-19 pandemic, resulting in file losses of round $35 billion in 2020. Contract talks with pilots and flight attendants had been additional derailed via the pandemic, all whilst the business faces a pilot scarcity and emerging prices.

    A strike would happen provided that negotiations damage down and the government authorizes a walkout following required procedures of the Railway Exertions Act. Either side would must be launched from mediation via the Nationwide Mediation Board, which was once introduced in to lend a hand with contract negotiations in October.

    After 30 days, pilots and control may workout self-help, which might come with a union strike or an organization lockout.

    “FedEx pilots are dedicated to attaining a maintain control, however we can no longer waiver in our dedication to ship a freelance that rewards pilots for his or her sacrifices to construct FedEx into the worldwide chief it’s lately,” Norman stated. “Despite the fact that a strike authorization vote has no longer been known as at the moment, our consumers and shareholders must remember that the pilots is also headed in that course in a while.”

    A observation via pilot leaders says FedEx consumers must plan selection manner within the tournament of a pilot strike. Just a few pieces for negotiation stay, the observation says.

    The replace comes a month after the Southwest Airways pilots’ union known as a vote to authorize a possible strike after souring contract negotiations. Delta Air Strains pilots additionally voted to authorize a possible strike in November.

    Unions representing about 30,000 pilots blended at American Airways and United Airways rejected possible contracts in November.

    — CNBC’s Leslie Josephs contributed to this file.

  • United says it’s going to make it more straightforward for households to guide seats with their youngsters totally free

    A United Airways aircraft departs the Newark Global Airport, in Newark, New Jersey, on January 11 2023.

    Kena Betancur | Afp | Getty Photographs

    United Airways mentioned Monday that new era will open up extra seats on its flights so youngsters can take a seat with an grownup of their birthday celebration with out paying a rate, one of those price that is drawn scrutiny from the Biden management in fresh months.

    United will display oldsters or different grownup vacationers accompanying a kid more youthful than 12 to get entry to “most popular” seats in addition to common financial system seats, if wanted, on the time of reserving so they may be able to take a seat in combination.

    The alternate applies to vacationers with same old and elementary financial system tickets and will probably be totally in impact subsequent month, even though United has already greater probably the most seat availability.

    The airline additionally may not price consumers a fare distinction in the event that they transfer to a flight to the similar vacation spot that has adjoining seats.

    Airways in recent times had been charging vacationers to guide “most popular” location seats on flights. They do not include additional legroom or different perks however are ceaselessly in entrance of the aircraft, regardless that they may be able to quilt an important collection of seats of an plane.

    President Joe Biden has referred to as on lawmakers to “fast-track the ban on circle of relatives seating charges,” the White Area mentioned previous this month. In July, the Transportation Division informed U.S. airways to “do the whole lot of their energy” to verify vacationers below age 13 are seated subsequent to an accompanying grownup with out further fees.

    “Luggage charges are dangerous sufficient,” Biden mentioned throughout his State of the Union deal with previous this month. “Airways cannot deal with your kid like a work of bags.”

    Such seats most often range in value. On a roundtrip between Newark, New Jersey, and Los Angeles in August, most popular seats on a United flight confirmed as $37 every method for one particular person.

    Delta Air Strains mentioned it blocks sure rows of seats so households can take a seat in combination.

    “Delta does now not price circle of relatives seating charges and irrespective of the price tag magnificence bought, will all the time paintings with consumers on a case-by-case foundation to verify their circle of relatives seating wishes are met,” a spokesman mentioned in a observation on Monday.

    American Airways’ reserving platform will routinely seek for to be had seats in combination on the time of reserving for major cabin and elementary financial system passengers. Most popular seats and its additional legroom phase, Major Cabin Further, open up the day of departure if they are wanted, a spokesman informed CNBC.

  • Airways cancel 17,000 flights because of critical wintry weather climate however disruptions ease

    Airplane are deiced at Normal Mitchell Global Airport in Milwaukee

    Reuters

    Flight cancellations eased additional on Monday however disruptions from critical wintry weather climate around the U.S. lingered on the tail finish of Christmas weekend.

    Airways have canceled greater than 17,000 U.S. flights since Wednesday, in line with FlightAware, as storms introduced snow, ice, prime winds and sour chilly across the nation, derailing air shuttle from coast to coast. The ones prerequisites bogged down flooring crews as they confronted critical prerequisites at airports.

    Carriers are prone to element the prices of the disruptions once they file effects subsequent month, if now not previous.

    Southwest Airways used to be particularly hit onerous by way of the wintry weather storms over the vacation shuttle duration, together with different problems together with sudden fog in San Diego and staffing shortages at a gasoline supplier in Denver, the service’s leader working officer advised personnel.

    Southwest were canceling many flights proactively with the intention to stabilize its operation, COO Andrew Watterson stated. From Wednesday thru Saturday, a couple of quarter of Southwest’s flights have been canceled, and two-thirds have been behind schedule, in line with FlightAware knowledge.

    The airline apologized to workers for the chaos, which left many suffering to come up with staff scheduling products and services, making it more difficult to get reassignments or make different adjustments, or get lodge rooms. Southwest additionally presented flight attendants running over the vacation further pay.

    “A part of what we are struggling is a loss of equipment,” Southwest CEO Bob Jordan stated in a message to personnel on Sunday. “We’ve got talked an terrible lot about modernizing the operation, and the wish to do this. And Group Scheduling is without doubt one of the puts that we wish to put money into. We want so to produce answers quicker.”

    Airways incessantly cancel flights proactively all over dangerous climate to keep away from having planes, crews and shoppers misplaced, issues that may make restoration from a hurricane harder.

    Carriers additionally deliberate smaller schedules for Christmas Eve and Christmas Day when put next with the times main as much as the vacations, making it more difficult for them to rebook vacationers on different flights, and bookings had spiked.

    Passengers take a look at in on the Delta counter at Detroit Metro Airport in Romulus, Michigan, on December 22, 2022. 

    Jeff Kowalsky | AFP | Getty Photographs

    On Monday, greater than 1,700 flights have been canceled and a couple of,200 extra have been behind schedule, down from just about 3,200 canceled flights and seven,700 behind schedule U.S. flights on Sunday.

    Delta Air Traces, American Airways, United Airways, JetBlue Airlines and Alaska Airways have been a few of the different carriers suffering from the elements.

    An American Airways spokeswoman stated the “overwhelming majority of our shoppers suffering from cancellations have been ready to be reaccommodated.”

    Passengers additionally confronted behind schedule baggage, alternatively.

    Invoice Weaver, 41, stated he, his spouse and 5 youngsters drove from Wichita, Kansas to Dallas Fortress Price Global Airport for a Friday flight to Cancun after their connecting flight into the American Airways hub used to be canceled. The American Airways flight to Cancun arrived on time however their baggage did not get to in Cancun till Monday, and hadn’t made it to their lodge by way of mid-morning, so that they needed to spend loads of bucks to shop for clothes and different necessities at their lodge.

    Weaver, who works in tool gross sales, stated he used to shuttle often.

    “I am used to lacking luggage and issues occur however that is by way of some distance the worst I have ever observed,” he stated.

    Excessive chilly and prime winds slowed flooring operations at dozens of airports. Greater than part of U.S.-based airways’ flights arrived past due from Thursday thru Saturday, with delays averaging 81 mins, in line with FlightAware.

    “Temperatures have fallen so low that our apparatus and infrastructure were impacted, from frozen lav programs and gasoline hoses to damaged tow bars,” stated United Airways message to pilots on Saturday. “Pilots have encountered frozen locks when seeking to re-enter the jet bridge after accomplishing stroll arounds.”

    The FAA stated it needed to evacuate its tower at United hub Newark Liberty Global Airport in New Jersey on account of a leak on Saturday.

    JetBlue, period in-between, presented flight attendants triple pay to select up journeys on Christmas Eve because of staffing shortages.

  • FedEx and UPS warn typhoon may just extend vacation applications, airways cancel hundreds of flights

    An American Eagle aircraft taxis all through a snow typhoon at Seattle-Tacoma World Airport (SEA) in Seattle, Washington, US, on Tuesday, Dec. 20, 2022.

    David Ryder | Bloomberg | Getty Photographs

    FedEx and United Parcel Provider warned that applications may just arrive overdue this week as a large iciness typhoon introduced top winds, sour chilly and snow to very large swaths of the US forward of Christmas weekend.

    Critical climate was once already snarling air commute all through what is predicted to be one of the crucial busiest commute classes since prior to the pandemic.

    “FedEx Categorical skilled really extensive disruptions at our Memphis and Indianapolis hubs remaining night time because of serious iciness climate that has been transferring throughout the US,” FedEx stated Friday. It stated applications set for supply on Friday and Saturday, which is Christmas Eve, may well be not on time around the nation.

    UPS stated serious climate “throughout a number of areas of the U.S. are impacting the usAir and Flooring community, together with UPS hubs in Louisville, Kentucky and Rockford, Illinois. In consequence, some supply and pickup products and services in those spaces can be affected.”

    The warnings come all through one of the crucial busiest instances for package deal supply, forward of Christmas Day on Sunday.

    The huge iciness typhoon made getting house for the vacations a problem for hundreds of vacationers. Airways cancelled greater than 7,000 flights and not on time greater than 20,000 from Wednesday via Friday afternoon, consistent with flight-tracker FlightAware. The length comprises a few of what airways be expecting to be the busiest days of the vacation length. Snow and sleet within the Pacific Northwest additionally disrupted flights.

    Federal forecasters warned about treacherous highway stipulations, dangerously low temperatures and top winds in towns from Chicago to Boston. The Nationwide Climate Provider had portions of Florida, together with Tampa and Orlando, below a freeze caution Saturday morning.

    On Thursday, 10% of U.S. airways’ scheduled flights had been cancelled whilst virtually part had been not on time, arriving overdue by means of a median of round 70 mins, FlightAware knowledge confirmed.

    Greater than to 4,800 U.S. flights had been cancelled on Friday.

    Southwest Airways canceled greater than 900 Friday flights, a couple of 5th of its operation, whilst just about 1,400, a 3rd of its time table, had been not on time, consistent with FlightAware. Just about 400 of Seattle-based Alaska Airways flights had been canceled, with regards to part of its operation.

    Alaska warned vacationers on Friday that it might take days “more than one days” to rebook vacationers as a result of flights are so complete all through the vacations.

    “Our touch facilities are experiencing lengthy cling instances as they are attempting to lend a hand hundreds of visitors, and we are running across the clock to reunite visitors with their luggage,” it stated in an replace. “We strongly inspire visitors to re-examine their commute plans because of restricted availability.”

    Airways purpose to cancel flights as a ways upfront as imaginable so vacationers, crews and planes don’t seem to be stranded on the airport all through dangerous climate.

    American, Delta, United, Southwest, JetBlue, Alaska, Spirit and different carriers waived exchange charges and fare variations for greater than 50 airports if vacationers can fly later.

    Airways had was hoping for a repeat of the quite clean Thanksgiving commute length to finish what has been a rocky 12 months for carriers, crews and shoppers alike because of dangerous climate and hard work shortages.

    Carriers are prone to replace buyers at the monetary affect of the typhoon after they unencumber quarterly ends up in January, or most likely previous.

  • Airways cancel hundreds of flights as huge iciness typhoon and sour chilly sweep U.S. forward of Christmas

    Staff deice an Alaska Airways aircraft all the way through a snow typhoon at Seattle-Tacoma World Airport (SEA) in Seattle, Washington, US, on Tuesday, Dec. 20, 2022.

    David Ryder | Bloomberg | Getty Photographs

    Airways canceled masses of flights this week as iciness storms, sour chilly and prime winds tousled U.S. shuttle forward of Christmas weekend.

    Carriers scrubbed greater than 4,300 U.S. flights from Wednesday via Friday, in step with monitoring website online FlightAware. That length contains what airways anticipated to be the busiest shuttle instances earlier than Christmas, which is Sunday.

     Chicago’s two major airports — O’Hare and Halfway — and Denver World Airport had the largest proportion of canceled flights on Thursday. Airways warned that the snow, ice, prime winds and chilly temperatures may just impact shuttle from Seattle to Boston to North Carolina.

    Wednesday’s cancellations accounted for roughly 2% of U.S. airways’ agenda, whilst about 30% of flights had been behind schedule by way of a mean of 47 mins, FlightAware information confirmed. Disruptions worsened during Thursday.

    American, Southwest, United, Delta, Spirit, JetBlue, Alaska and different airways issued climate waivers for dozens of locations across the nation, permitting vacationers to switch their departures with out paying a transformation rate or distinction in fare.

    Airways robotically will cancel flights forward of unhealthy climate so vacationers, crews and planes don’t seem to be stranded at airports on the final minute, a state of affairs that may reason disruptions to snowball.

    The elements may just harm what airways anticipated to be busy shuttle days to cap a rocky 12 months. United mentioned it expects year-end vacations to be busier than Thanksgiving with 440,000 passengers an afternoon on reasonable. The provider projected Jan. 2 would be the busiest day for the reason that Covid pandemic began.

    Vacationers arrive for his or her flights at United Airways Terminal 1 forward of the Christmas Vacation at O’Hare World Airport on December 22, 2022, in Chicago.

    Kamil Krzaczynski | AFP | Getty Photographs

    Disruptions over the spring and summer season from unhealthy climate and exertions shortages sparked an outcry from consumers and politicians, and brought on airways to trim their schedules.

    Past due final 12 months and in early 2022, the omicron wave of Covid sidelined crews and ended in masses of flight cancellations.

    American Airways, for its section, has been providing further pay for crews to paintings on top vacations to shore up staffing.

    “It is all palms on deck to verify our consumers are cared for all the way through the vacation shuttle season, together with when critical climate hits,” American mentioned in a observation. “Important to our arrangements was once sizing the airline for the sources now we have to be had and running prerequisites we are facing, in addition to with the ability to react briefly to get our consumers on their means as soon as the elements clears.”

  • Treasury yields muted as calm returns to bond markets after sell-off

    U.S. Treasury yields had been muted on Wednesday as world bond markets stabilized following the former consultation’s sell-off at the again of a wonder coverage shift from the Financial institution of Japan.

    The yield at the benchmark 10-year Treasury notice used to be just below a unmarried foundation level decrease at 3.682%, whilst the yield at the 30-year Treasury bond used to be up via round 1 foundation level at 3.746%. Yields transfer inversely to costs.

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    World bond markets bought off on Tuesday after the Financial institution of Japan tweaked its yield curve controls to permit the yield on its 10-year JGB to transport 0.5% all sides of its 0% goal, up from 0.25% in the past, in a transfer aimed toward cushioning the consequences of protracted financial stimulus measures.

    Possibility-on sentiment returned in early premarket business on Wall Boulevard Wednesday as buyers digested profits from Nike and FedEx that despatched each firms upper in after-hours buying and selling.

    3rd quarter present account knowledge, November current house gross sales and December client self assurance figures are all due out of the U.S. on Wednesday morning.

  • Treasury yields upward push as Japan hastily loosens its bond yield cap

    U.S. Treasury yields rose on Tuesday after Japan hastily raised its cap on 10-year Eastern executive bond yields, sparking a sell-off in world long-duration bond markets.

    The yield at the benchmark 10-year Treasury observe was once up via 7 foundation issues at 3.7528%, whilst the yield at the 30-year Treasury bond rose via greater than 9 foundation issues to a few.7145%. Yields transfer inversely to costs.

    The Financial institution of Japan stuck markets off guard via tweaking its yield controls to permit the yield on its 10-year JGB to transport 0.5% both sides of its 0% goal, up from 0.25% in the past, in a transfer aimed toward cushioning the consequences of protracted financial stimulus measures.

    The transfer caused the Eastern yen and bond yields all over the world to upward push abruptly, whilst shares in Asia-Pacific retreated.

    There aren’t any main financial information releases or U.S. Treasury auctions slated for Tuesday.