USAir yesterday cut fares to Florida from U.S. destinations by as much as 40%. The discounts apply to 21-day advance-purchase tickets, which require roundtrip travel and are non-refundable.
BFGoodrich said it has called for redemption of its 7% subordinated debentures due Aug. 15, 1997. Redemption price is $1,000 plus accrued interest to the redemption date of March 25, 1996, of $7.78 per $1,000 principal amount of the debenture. There are $9.06 million of the debentures outstanding.
UPS Properties will begin construction this spring on a 250,000-square-foot speculative warehouse and distribution facility on 83 acres of its land in Essex, Md., the company said yesterday. The facility will be ready for occupancy in September. UPS said the facility will be the first of many speculative warehouses planned for the site in the next few years. UPS Properties said it plans to develop nearly 1.5 million square feet of distribution/warehouse space on the site by 2003. Based in Atlanta, UPS Properties is a wholly owned subsidiary of UPS.
The fiscal 1997 DOT appropriations process opened yesterday with airports pushing for more money, airlines advocating air traffic control projects, general aviation opposing user fees and FAA unions seeking statutory protections for employees' right to organize.
Air France will increase its Washington Dulles-Paris service from seven weekly flights to 10 as part of its summer schedule, June 14-Oct. 20. The added service, a second daily 747 flight on Fridays, Saturdays and Sundays, will be non-smoking.
TWA plans to begin operating its new service between St. Louis and Toronto May 1 if not earlier, said an airline spokesman. Using MD-80 aircraft, the carrier will operate twice-daily nonstop roundtrip service on the route, with single-plane service to New Orleans and San Diego. DOT awarded the service to TWA last week, granting it immediate, temporary authority to start the flights pending the final decision of the U.S.-Toronto second-year service proceeding (DAILY, Feb. 26).
Agreement has been reached with some of the parties on sharing the estimated $1.4 million cost of recovering the flight data and cockpit voice recorders from the Turkish-owned 757 that crashed into the Atlantic Ocean Feb. 6 shortly after takeoff from the Dominican Republic, National Transportation Safety Board Jim Hall said yesterday.
All Nippon Airways (ANA) will begin operating one weekly 747 flight between Tokyo and Vienna starting April 1. The service will replace three of five weekly roundtrips partner Austrian Airlines operates with an A340 aircraft. Austrian will continue to operate the other two frequencies. ANA also said it will add a frequency in the Tokyo-Paris market, boosting its service to seven flights per week from the current six. ANA will fly a 747-200 between Tokyo and Vienna, continuing on to Paris but without taking on passengers. It does not have local traffic rights.
Boeing 747 Systemwide Aircraft Utilization Per Day Third Quarter 1995 B747-100 Northwest TWA Number of Aircraft Operated 23 9 Total Fleet Operations Departures 37 16 Block Hours 283 122
Denver International Airport (DIA) recorded an 80% reduction in delays in its first year of operations, compared with Stapleton Airport, which it replaced, according to Fred Isaac, administrator of FAA's Northwest Mountain Region. The true anniversary is Feb. 28, and FAA statistics are for the first 11 months, Feb. 28, 1995-Jan. 30, 1996. Delays per 1,000 operations at the new airport are only one-fifth those at Stapleton, Isaac said.
FedEx Air Line Pilots Association unit's new chairman says the key members for his "team for a better ALPA" are in place, including new communications and membership committee chairmen. ALPA still is negotiating a collective bargaining agreement with the company, and the FedEx Pilots Association still is moving to unseat ALPA. The rival union says it has 1,451 authorization cards seeking a representation election.
U.S. and German officials will continue negotiations today in Washington. After breaking for the weekend, the two sides picked up the talks yesterday, addressing mainly technical issues. The issues are complex and time-consuming, requiring the coordination of various German government agencies on technical aspects of the agreement, such as customs and currency remittances, a U.S. official said. The two sides remain hopeful that they will conclude an agreement in this round, which currently has no deadline.
Objecting to DOT tentative allocation of U.S.-Germany summer frequencies, which pared back its request, United is urging the department to grant it five additional frequencies to support a second daily Chicago-Germany nonstop flight. The carrier also asked DOT to allocate to it temporarily 14 new frequencies allotted to USAir and World Airways "until such time as those carriers begin using them, and require each of those carriers to report to the department 30 days in advance of their proposed startup dates for using those frequencies." (Docket OST-95-813)
American Chairman Robert Crandall last week held talks with officials at Aerolineas Argentinas about cooperating with the carrier in an arrangement that an American official said could involve code sharing. The American chairman met with top airline officials in Buenos Aires last week and dined with Argentine President Carlos Menem and Economy Minister Domingo Cavallo during the tour of Latin America, according to DAILY affiliate Aviation-Latin America&Caribbean.
Sabena is expected to announce today the resignation of President and Chief Executive Pierre Godfroid and name a replacement.Godfroid is stepping down in hopes of helping end labor strife at the airline.He enraged workers last November when he abrogated the unions' collective bargaining agreements in an attempt to cut costs.
Fidelity Funds has increased its investment in America West to 10.24% from 8.95%, the carrier told the Securities and Exchange Commission. It bought 613,500 shares in the carrier from Jan. 30 to Feb. 15 at $19.50 to $19.92 per share.
Surinam Airways applied for renewal of its exemption authority to operate scheduled service between points in Surinam and the co-terminal points New York/Newark and Miami, via intermediate points Georgetown, Guyana; Port-of-Spain, Trinidad and Tobago; Curaao, Netherlands Antilles; Aruba; Barbados, and Port-au-Prince, Haiti. The carrier currently operates service between Miami and Paramaribo, Surinam, under a code-share/blocked-space agreement with ALM Antillean Airlines.
S.J. Pillay will step down as chairman of Singapore Airlines at the end of this month and will leave the board to become high commissioner to the U.K., the carrier said yesterday. S. Dhanabalan, a former senior member of SIA's cabinet, will be appointed director and non-executive chairman as of March 1. Cheong Choong Kong continues in his role as managing director. Dhanabalan agreed to accept the job for one term only, SIA said. Pillay was named the carrier's first chairman in 1972.
Japan Aircraft Maintenance Corp. (JAMCO), Japan's largest maintenance company, expects to select by May a site in Washington state for a new U.S. plant, to be built by the end of 1997. JAMCO plans to transfer about one-third of its production of lavatory modules for civil transports from Niigata in Central Japan to the U.S. facility. Beginning in 1998, the company will assemble 30 to 40 module units per month in the plant, with about 100 local employees. The shift of production to the U.S. reflects the recent increase in the value of the yen.
ValuJet will receive $700,000 in incentives from the city of Mobile, the Mobile Airport Authority and the business community. The DAILY Feb. 23 attributed the money only to the airport. The airport funding portion comes from a cooperative marketing program offered to all airlines.
Aircraft Owners and Pilots Association said yesterday it has appealed directly to Chicago's 50 elected neighborhood representatives asking them to help persuade Mayor Richard Daley not to close the city's lakefront Meigs Field. Bill Dunn, AOPA VP-regional affairs, emphasized the potential reaction of the neighborhoods if Meigs's 54,000 annual operations are diverted to Midway Airport. While Midway is surrounded by residential areas, Meigs's approach and departure paths are over Lake Michigan.
