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.
December 22, 1996 |
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.
December 1, 1996 |
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.
July 9, 1996 |
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.
January 17, 1996 |
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.
January 11, 1996 |
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.