The company’s largest union rejected a contract that called for a 25% pay increase, halting production of 737 jets.
The airline has said it could begin winding down operations as early as this weekend in anticipation of a strike.
The restructuring comes about as the company works to maintain balance sheet strength amid a slowdown in hydrogen infrastructure development and delayed fuel cell adoption, it said.
The new multiyear pact will increase the overall fees Charter pays to carry Warner Discovery channels such as CNN, Food Network and TBS.
Sibanye-Stillwater cut its gold production guidance for the year and posted a swing to a wider net loss than analysts had expected for the half year.
Verizon Communications will book a third-quarter severance charge of up to $1.4 billion after roughly 4,800 employees accepted a buyout offer.
