Dc Air

DC Air, a new regional airline to be created from assets divested as part of the UAL's acquisition of US Airways, named as its acting president N. Bruce Ashby. Ashby, 39, is currently senior vice president for planning at Arlington, Va.-based US Airways. He will step into the new post immediately and oversee DC Air's strategic planning and eventual development of an all-jet fleet, the Washington, D.C.-based airline said.

American Airlines Inc., in a surprise move, this week is expected to announce plans to buy financially troubled Trans World Airlines Inc., which would effectively retire one of the oldest names in U.S. aviation history, industry sources said Sunday. At the same time, the sources said, American has reached an agreement to buy 49% of DC Air, the airline being created by Black Entertainment Television founder Robert Johnson, and is close to a deal with UAL Corp.'

Continental Airlines is making a play for US Airways' Washington-area service at Ronald Reagan National Airport, saying the rival airline's plans to sell it to cable executive Robert Johnson to satisfy regulatory concerns over its proposed acquisition by UAL Corp. is anti-competitive. Continental first made its $215- million offer for the assets of what would become DC Air on Oct.

Continental Airlines is making a play for US Airways' Washington-area service at Ronald Reagan National Airport, saying the rival airline's plans to sell it to cable executive Robert Johnson to satisfy regulatory concerns over its proposed acquisition by UAL Corp. is anti-competitive. Continental first made its $215- million offer for the assets of what would become DC Air on Oct.

The Air Force has grounded all 97 of its B-1B bombers pending investigation of an engine malfunction in one of the aircraft, the service said. The malfunction occurred shortly after one of the bombers took off from Dyess Air Force Base in Texas on June 19, said Maj. Susan Hankey, a spokeswoman for the Air Force. The craft returned safely to the base, she said.

American Airlines Inc., in a surprise move, this week is expected to announce plans to buy financially troubled Trans World Airlines Inc., which would effectively retire one of the oldest names in U.S. aviation history, industry sources said Sunday. At the same time, the sources said, American has reached an agreement to buy 49% of DC Air, the airline being created by Black Entertainment Television founder Robert Johnson, and is close to a deal with UAL Corp.'

The nation's largest firefighting aircraft will return to duty next week after repairs to a wing that was damaged after a near-crash. The DC-10 air tanker had been out of commission since June 25 as it prepared to drop fire retardant along a Kern County ridge. A severe downdraft forced the aircraft to sink and its left wing clipped several treetops.

A Justice Department ruling on the $12.3-billion acquisition of US Airways Group by United Airlines could come as early as this week, sources close to the deal said. In what a source described as a "critical week for discussions," executives from United parent UAL Corp., US Airways, American Airlines and the newly created DC Air were to meet today at Justice Department headquarters with senior department officials including Deputy Atty. Gen. R.

DC Air, a new regional airline to be created from assets divested as part of the UAL's acquisition of US Airways, named as its acting president N. Bruce Ashby. Ashby, 39, is currently senior vice president for planning at Arlington, Va.-based US Airways. He will step into the new post immediately and oversee DC Air's strategic planning and eventual development of an all-jet fleet, the Washington, D.C.-based airline said.

The Army and Air Force announced personnel reductions that will cut tens of thousands from their uniformed and civilian ranks over the next two years. The Army will go from 12 to 10 active-duty divisions and cut thousands more positions from the support ranks for a net reduction of about 10% over the next 19 months. Army cuts will fall most heavily on Kansas, Colorado and Texas.