November 5, 1996 |
ValuJet Airlines on Monday hired a former head of Continental Airlines to run its daily operations, allowing its top executives to concentrate on bolstering the carrier's finances and its public image. The moves come five weeks after Atlanta-based ValuJet emerged from a three-month grounding over safety concerns in the wake of the Florida Everglades crash that killed 110 people. D.
September 6, 1998 |
Officials of Northwest Airlines and its striking pilots' union met with a federal mediator at a Rosemont, Ill., hotel in an attempt to jump-start negotiations concerning compensation and job security. But the talks weren't expected to result in much beyond a date for more talks: The chasm dividing the two sides is about $180 million per year. Northwest canceled all flights through Tuesday and all incoming flights from Europe and Asia through Wednesday.
August 28, 1996 |
ValuJet Lays Off Recalled Workers: The Atlanta-based carrier said it laid off 134 employees it had recalled in anticipation of resuming service. The low-fare airline, which planned to be flying again by late this month, probably won't resume operations until September, regulators said. The Federal Aviation Administration has asked ValuJet Airlines to conduct additional demonstrations of its performance before resuming operations. In late July, ValuJet Inc.
October 3, 1996 |
ValuJet Mechanics to Be Represented by Teamsters: ValuJet Airlines mechanics voted to accept representation by the union, a move that is "good news for airline passengers," said Teamsters General President Ron Carey. "ValuJet needs steady, experienced mechanics, not subcontracting of safety to the lowest bidder."
July 24, 1997
Barney's Inc., which has been operating under Chapter 11 bankruptcy protection since January 1996, said it will tell a bankruptcy court by Friday which buyout bid it has chosen, but may need extra time to file the agreement with the court. . . . ValuJet Airlines hired Chicago-based advertising agency Cramer-Krasselt to create its advertising when the carrier starts flying under the new name AirTran Airlines later this year. . . . Workers at an Aluminum Co. of America plant in Chandler, Ariz.
February 27, 1997 |
ValuJet Airlines said it lost $20.6 million in the last three months of 1996, the first full quarter of operations since its 15-week grounding after a plane crash in the Florida Everglades that killed 110 people. That contrasts with a profit of $19.2 million for the same period a year earlier. For fourth-quarter 1996, the airline said it lost 38 cents per share, contrasted with income of 32 cents a share a year earlier. Excluding nonrecurring expenses of $13.