June 10, 1997
Gregory Penske, son of Penske Corp. Chairman Roger Penske, was promoted to president and chief executive of auto-racing unit Penske Motorsports Inc., replacing Richard Peters. . . . Atlas Copco, a Swedish maker of industrial machinery, said it agreed to buy Houston-based Prime Service Inc. for about $1.16 billion in cash and assumed debt in a bid to enter the growing U.S. machinery rental market. . . . Golden, Colo.-based freight airliner Atlas Air Inc.
CALIFORNIA | LOCAL
January 25, 2001 |
Jeff Cole, a well-respected aerospace editor and reporter for the Wall Street Journal, was killed Wednesday in the crash of a small plane outside Denver. He was 50. Cole, who according to the Journal was on a reporting assignment, was a passenger in a jet piloted by Michael A. Chowdry, chairman and chief executive of Atlas Air Inc. Chowdry also died in the crash and subsequent fire, which is being investigated by the National Transportation Safety Board. Paul E.
February 15, 2000 |
Boeing Co. has now gone six days without delivering a commercial jet, largely a result of a walkout by nearly 20,000 engineers and technical workers, the aerospace giant said Monday. Boeing will still meet its 2000 target of delivering 490 jets, priced from $30 million to $197 million, Boeing labor spokesman Peter Conte said.
January 17, 2001 |
FedEx Corp.'s FedEx Express unit said Tuesday that it will buy 10 of the A380 aircraft planned by Europe's Airbus Industrie in a deal valued at $2.3 billion at list prices. FedEx Express is the first U.S. carrier to order the super-jumbo long-range aircraft. FedEx, the world's No. 2 package shipper, provides another key launch customer for the A380, which will be the largest commercial aircraft yet built.
January 31, 2001 |
When Boeing Co.'s C-17 military cargo jet carried Keiko the killer whale to freedom two years ago, the flight grabbed headlines around the world. It was the only aircraft with enough heft and agility to ferry the 9,050-pound mammal and drop him off at a tiny airstrip near his native waters in Iceland. But getting the airline industry interested in buying a commercial version of the plane has turned out to be a herculean task, one even tougher than the liberation of the star of "Free Willy."