Word: files
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Dates: during 1980-1989
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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...
...pilots unflinchingly backed striking mechanics and flight crews by walking off their jobs, and their action grounded all but a handful of the airline's 250 planes. With a dwindling war chest of $200 million, hemorrhaging at a rate of $4 million a day, Eastern was forced to file for protection under the Chapter 11 provisions of the Federal Bankruptcy Code. Lorenzo used the same tactic 5 1/2 years ago to break the unions and reorganize Continental, but this time, under revised bankruptcy laws, he will find the process more arduous...
Eastern's unions welcome the prospect of dealing with a judge instead of Lorenzo. But they too will lose clout under Chapter 11. For one thing, the bankruptcy court has the power to set terms for a contract settlement. But the unions will also be able to file a reorganization plan for the airline. Union leaders gave every indication that the strike will continue. At week's end its focus turned to picketing Continental facilities at airports in Miami, Houston, Denver and Newark...
...warrant for Perkins arrest was issued after a computer system matched fingerprints found at the Science Center to a record of his fingerprints on file with state police...
...church is something they have a right to decide for themselves." Heartily agreeing, a Vatican official said the "essential issue was the freedom of the church to regulate teaching of theology in its own schools." Curran, who is now teaching theology at the University of Southern California, will file no appeal. Says he: "I'm a free man now, and better...