Word: carriere
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...With those attacks, the terrorists and their supporters declared war on the United States. And war is what they got." GEORGE W. BUSH, speaking aboard the aircraft carrier U.S.S. Abraham Lincoln...
...Bush will spend nearly $300 million trying to get re-elected in 2004, but nothing he buys will come close, in sheer political capital, to what he deposited in his campaign bank last week: the perfect presidential photo op. The scene, of Bush's landing aboard an aircraft carrier in a Navy jet and then strutting across the deck outfitted in a jump suit, "will be the moment of George W. Bush's presidency," predicts Mike Deaver, the master imagemaker to Ronald Reagan...
Hong Kong carrier Cathay Pacific has cut its weekly flights...
Bronner turned heads last fall when RSA spent $240 million for a 37% stake in the nation's seventh largest passenger carrier, US Airways, which this month emerged from Chapter 11 protection and named Bronner as its new chairman. Some of his ideas for reviving the airline involve RSA's other unorthodox ventures, including its $5 billion in media holdings and its string of acclaimed Alabama golf courses, the Robert Trent Jones Golf Trail. "I'll give US Airways free advertising," Bronner says. The pitch: "Fly US Airways to the Robert Trent Jones Golf Trail...
...Airways acquisition, which included a $500 million loan to help the airline through bankruptcy reorganization, has pension-fund experts wondering about the risks of Bronner's approach. The deal makes RSA the carrier's largest equity investor (RSA already held $340 million in US Airways debt and owned nine of the airline's jets.) RSA's stake should create jobs in Alabama, where the carrier is expected to build new regional facilities. But whether that sort of spending will benefit the airline and its shareholders--including RSA--is another question...