Word: carriere
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...troops; China, with 3.2 million; and the U.S., with 2,163,200), are raising four additional army divisions to boost combat strength by 80,000. In the southern state of Karnataka, a superport is developing to service submarines, surface vessels, including a planned 30,000- ton aircraft carrier, and long-range reconnaissance aircraft capable of patrolling as far away as Africa and Australia...
Rarely had the stakes in a labor strike been higher. After 17 exhausting months of glacial negotiations with management, rank-and-file union members at Eastern decided to strike despite the risk that they might force the 60-year- old carrier to go belly up -- and lose Eastern's 31,200 jobs in the process. For Lorenzo, the intense chairman of Eastern's parent firm, Texas Air, the prospects were no better: the nation's seventh largest airline was clearly in for a bone-jarring ride, huge financial losses and a very uncertain landing...
...Frank Lorenzo strike." Eastern's differences with its unions had long since deteriorated into a bitter and highly personal feud between the two men. While Eastern insisted that the airline could not survive without substantial wage concessions from the machinists, Bryan maintained that Lorenzo was out to destroy the carrier and sell it off for his own profit. Lorenzo's battle with the machinists, said Bryan, was "the purest case of evil vs. good...
...charge was denied by the Miami-based carrier, which filed for Chapter 11 bankruptcy protection last Thursday...
With Eastern ticket holders clamoring for refunds, the carrier announced an estimated $200 million compensation package that provides for some first-class upgrades and travel vouchers...