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BUSINESS
May 24, 2000 | Bloomberg News
Airbus Industrie said it has won commitments from four more airlines to buy the proposed A-3XX super-jumbo, bringing to six the number of carriers ready to buy what would be the world's largest passenger plane. "Progress has been fast," said Airbus Chief Executive Noel Forgeard at a press briefing. "In less than four months, we have obtained letters of intent from Emirates [Airlines], Singapore Airlines and from four customers that will remain undisclosed for a while.
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BUSINESS
May 16, 1997 | From WASHINGTON POST
American Airlines Inc. and the Air Line Pilots Assn. announced Thursday that they have tentatively agreed to a 16-year labor contract that guarantees that pilots for the carrier's American Eagle commuter subsidiary will remain among the best paid in the commuter industry, while clearing the way for American to purchase new regional jets.
BUSINESS
June 13, 1996
TWA, Transbrasil Sign Pact: The agreement between Trans World Airlines Inc. and Transbrasil Airlines is to provide new code-sharing service between the United States and Brazil, allowing passengers to travel on both airlines with one ticket. Code-sharing agreements enable separate airlines to share passengers, which effectively expands the number of destinations and connections available to those airlines' customers.
NEWS
December 22, 1996 | From Times Staff and Wire Reports
ValuJet canceled all its flights to Dallas and Fort Myers, Fla., because of problems with a charter running the routes. The cancellations affect about 3,000 passengers booked for the six round-trip flights each day from today to Jan. 6. They will get full refunds and a free ticket for another ValuJet flight, the airline said. The Atlanta-based discount carrier announced plans last month to expand service to Dallas and Fort Myers and West Palm Beach, Fla.
BUSINESS
December 1, 1996 | JAMES FLANIGAN
American Airlines' recent landmark agreement to buy dozens of Boeing airplanes during the next two decades at preset prices, including 103 planes right away for $6.5 billion, speaks volumes about the true state of the global economy and the outlook for U.S. business. "We laid out our growth plans for the next quarter-century and arranged to acquire planes as we need them," an airline spokesman says. The deal and that statement are astounding.
BUSINESS
July 9, 1996 | From Associated Press
The Justice Department is investigating a proposed alliance between American Airlines and British Airways to determine whether it could hurt competition, officials said Monday. Department spokesman Bill Brooks confirmed that the agency's antitrust division is reviewing the proposal by British Airways and American to coordinate various services, among them flight schedules, fares and passenger and cargo service.
BUSINESS
January 17, 1996 | Times Staff and Wire Reports
Hawaiian Airlines Unions Ratify Contract Changes: The move will allow the airline to pursue a $20-million investment offer to continue operating. The 1,200-member International Assn. of Machinists, the 500-member Assn. of Flight Attendants, the 248-member Air Line Pilots Assn. and the 24-member Transport Workers Union were asked to give up raises of about 5% for a chance to buy more stock at reduced prices and to negotiate new raises tied to profits.
BUSINESS
January 11, 1996 | Times Staff and Wire Reports
Hawaiian Airlines Threatens Bankruptcy Filing: The carrier said it may be forced to seek Chapter 11 protection and halt operations if its unionized employees fail to ratify certain modifications to their contracts. Hawaiian Airlines Inc. said in a statement that the modified contracts are necessary to consummate a pending $20-million financial investment from Airline Investors Partnership. The unions involved are the Air Line Pilots Assn., the Assn. of Flight Attendants, the International Assn.
CALIFORNIA | LOCAL
April 13, 1999
Hawker Pacific Aerospace, Sun Valley, has landed a five-year contract with EVA Airways of Taiwan to repair and overhaul landing gear for EVA's fleet of B747-400 aircraft. The work will be performed at the company's Sun Valley facility. The estimated value of the contract is $6.5 million. Hawker Pacific repairs and overhauls aircraft and helicopter landing gear for a diverse international customer base, including major commercial airlines, air cargo operators and government agencies.
BUSINESS
July 13, 1998 | Bloomberg News
Trans World Airlines Inc. and the group representing its 2,500 pilots have reached a tentative contract agreement, ending more than a year of negotiations. If ratified, the pact will give the pilots an immediate wage increase and put them on par with workers at other airlines, said James Martin, the St. Louis-based carrier's chief labor negotiator. The union said its pilots earn about 60% less than those at other major airlines.
BUSINESS
March 10, 1998 | Bloomberg News
Boeing Co. received an order for 45 jetliners from Ryanair Holdings, reversing the U.S. plane maker's string of losses against Europe's Airbus Industrie for orders from European carriers. The Irish no-frills carrier said the deal includes orders for 25 737-800 jets, worth about $1.1 billion based on list prices, and options for an additional 20 of the 189-seat jets, which could raise the total order to $2 billion. Initial deliveries will come in March 1999.
BUSINESS
December 12, 1997 | Bloomberg News
Rockwell Collins, a unit of Costa Mesa-based Rockwell International Corp., said Thursday it won a contract from American Airlines Inc. worth an estimated $200 million to serve as the Dallas-based air carrier's main avionics supplier for its fleet of new Boeing planes. The 10-year contract calls for Rockwell Collins to provide avionics systems for the airline's recent order of 75 Boeing 737s and 11 Boeing 777s. The order is part of American's plan to become an all-Boeing fleet in 20 years.
BUSINESS
July 12, 1997 | Associated Press
British Airways offered to open new talks with the transport workers union, seeking a truce with 8,500 striking flight attendants while averting a separate confrontation with ground workers. The Transport and General Workers Union handles negotiations for the attendants, who walked out Wednesday in a pay dispute, and 9,000 ground workers, irked by the airline's plans to sell in-flight catering operations. The flight attendants' strike, which ends today, has been costly for British Airways.
BUSINESS
March 20, 1997 | JAMES F. PELTZ, TIMES STAFF WRITER
American Airlines and its pilots union said they reached tentative agreement on a new contract Wednesday that, if approved, would remove the threat of a strike that's been hanging over the U.S. travel system for months. The agreement between American and the Allied Pilots Assn. came nearly five weeks after earlier talks broke down and American's 9,300 pilots did walk out--but only for a few minutes, when they were ordered back to work by President Clinton.
BUSINESS
April 28, 1995 | Times Staff And Wire Reports
Loral Holds On to FAA Contract: The agency agreed to changes that will let Loral Corp. keep the contract to develop and install new computer workstations for the nation's air traffic controllers. The Federal Aviation Administration said the amended contract, valued at about $955 million, will improve safety, cuts costs and flight delays, and equip the nation's air traffic control system to handle a vast expansion in air travel expected over the next decade or so.
BUSINESS
March 4, 1997 | From Reuters
United Airlines said Monday that it reached tentative labor agreements with unions representing its pilots and machinists. The carrier--the operating subsidiary of UAL Corp.--said the agreements with the Air Line Pilots Assn. and the International Assn. of Machinists and Aerospace Workers included two midterm wage increases of 5% for both groups of employee-owners. The first would become effective in July, while the second would to into effect in July 1998.
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