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BUSINESS
May 11, 1995 | Times Staff and Wire Reports
Firm, Executive Face Fraud Indictment in Plane Crash: U.S. Aviation Underwriters and its former top executive were indicted on fraud charges that accuse them of misrepresenting responsibility for the 1987 crash in California of a Pacific Southwest Airlines jet that killed 43 people. The crash occurred after a disgruntled USAir employee armed with a gun evaded airport security and boarded the jet, killing his former supervisor and the plane's two pilots in mid-flight.
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BUSINESS
May 11, 1995 | Times Staff and Wire Reports
Firm, Executive Face Fraud Indictment in Plane Crash: U.S. Aviation Underwriters and its former top executive were indicted on fraud charges that accuse them of misrepresenting responsibility for the 1987 crash in California of a Pacific Southwest Airlines jet that killed 43 people. The crash occurred after a disgruntled USAir employee armed with a gun evaded airport security and boarded the jet, killing his former supervisor and the plane's two pilots in mid-flight.
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BUSINESS
September 29, 1999 | Bloomberg News
American Airlines parent AMR Corp. sued more than 90 insurers, asking to be indemnified against claims that the carrier's operations have contaminated Los Angeles International Airport and 20 other airport sites. Government agencies and private parties have filed lawsuits and other actions against AMR, alleging its fueling and maintenance operations caused property damage at LAX and other airports.
BUSINESS
September 19, 1985 | RALPH VARTABEDIAN, Times Staff Writer
Lear Siegler Inc. said Wednesday that it anticipates a federal court fight over its refusal to pay a $160,000 government fine involving its Piper Aircraft subsidiary, because Lear believes the fine was based on "erroneous and inaccurate" attacks on its integrity. Stephen D.
BUSINESS
September 21, 2001 | RICHARD SIMON, TIMES STAFF WRITER
Congressional and White House negotiators reportedly reached agreement late Thursday on a $15-billion airline rescue package. The agreement came as lawmakers were besieged by other industries seeking federal aid for losses suffered after the terrorist attacks last week. Republican and Democratic leaders and the administration agreed on an aid package of $5 billion in cash and $10 billion in loan guarantees, wire services reported. Negotiations continued Thursday on providing some relief for U.S.
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