Word: crashing
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Dates: during 1990-1999
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Tiny Nations Air has never had an accident or a safety-related operating incident in its 15 months as a scheduled airline between Boston, Philadelphia and Pittsburgh. Nor will it. Last week Nations Air became a charter airline, having become the first business casualty of the May 11 crash of ValuJet Flight 592 in the Florida Everglades. Skittish consumers canceled 40% of the airline's reservations, leaving CEO Mark McDonald with little choice but to fly for hire...
...plight of Nations Air showed the public's concern about the safety of low-cost airlines as investigators dredged the swampy ValuJet crash site for clues to the cause of the accident. Such fear of budget flying could result in higher U.S. airfares if no-frills carriers halt or cut back service. ValuJet, which suspended 50% of its 320 daily flights after the accident, said last week it doesn't intend to return to full service before the fourth quarter...
...four founders, dumped 1.5 million of his 6 million ValuJet shares last week to pay off loans he had used to make investments. That hardly discouraged bargain hunters from descending on shares of the profitable carrier. The stock, which fell from 17 7/8 the day before the crash to a low of 11 1/4, closed at 13 1/8 last week...
WASHINGTON, D.C.: The Air Force announced Thursday it has relieved three commanders in Europe following an investigation into the disastrous crash of the military aircraft carrying Secretary of Commerce Ron Brown and 34 others. The three commanders are the top officers of the Air Force 86th Airlift Wing, based at Rumstein Air Base in Germany. Brigadier General William Stevens, commander of the 86th, Colonel Roger W. Hansen, vice-commander, and Colonel John E. Mazurowski, operations group commander, were relieved of their duties on Wednesday. Following the investigation of the CT-43 crash, Major General Charles Heflebower, commander of the 17th...
DIED. SCOTT BRAYTON, 37, the race-car driver who held the coveted pole position for the Indianapolis 500 this weekend; in a 235-m.p.h. crash during a practice run; in Indianapolis, Indiana...