Word: carriere
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...Eastern Airlines prepared to embark on a new flight plan last week, another major carrier flew into the combat zone. In Minnesota directors of NWA, the parent company of Northwest Airlines, broke a week-long silence by rejecting a $2.6 billion takeover bid from a group headed by Los Angeles investor Marvin Davis. In spurning the $90-a-share offer, NWA Chairman Steven Rothmeier, 42, said his firm fully intends to remain independent. But Davis, whose group owns 3% of NWA's shares, vowed to press ahead with plans to acquire the company and its prize asset, Northwest, the fourth...
...anything, Ueberroth, 51, understated the task. To begin with, he must negotiate a new contract with Eastern's hard-bargaining machinists. They walked out last month and the carrier was forced into bankruptcy when the airline's pilots refused to cross picket lines. Even if Ueberroth wins labor peace, the Eastern sale must be approved by the federal bankruptcy court and Eastern's creditors, a process that could take months. Once he is firmly at the controls, Ueberroth must struggle to fill his planes with consumers who have switched to other airlines while most Eastern flights have been grounded...
...Fair Housing Act, Frank said, makes it illegal to refuse to sell or rent to an AIDS carrier unless it can be proven the person would be a direct threat to the health of others. The Grove City Bill makes it unlawful for the recipient of federal funds to discriminate against an AIDS carrier in matters of unemployment, housing, and human services...
...YORK--A group led by former baseball commissioner Peter V. Ueberroth agreed to buy Eastern Airlines for about $463.9 million in a deal that would give the strikecrippled carrier's employees a major share of the company, the parties announced yesterday...
Many union leaders and rank-and-file members have said they would accept wage and benefit concessions to help resurrect Eastern if they were given independence from Texas Air, which acquired the 60-year-old carrier in early 1986 for about $600 million...