Word: usair
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...deal in question is a proposal by British Airways to spend $750 million to buy a 44% ownership of Pittsburgh-based USAir. The transatlantic partnership would rank as one of the three biggest airlines in the world, linking 339 destinations in 71 countries. That powerful combination has prompted a vigorous protest from the Big Three U.S. carriers -- American, United and Delta -- which hope to discourage the government from approving the deal. Said American chairman Robert Crandall: "What will happen is that the good jobs will go to London, and the baggage handlers will stay here...
...particular, protesters criticized a 1989 anti-union campaign by USAir, one of the firm's clients...
...worst thing that can hap- pen when your union is broken and you arecompletely vulnerable," said Michael C. Duff, afirst-year law student who was a member of theTeamsters' Union chapter that USAir attacked...
...American carriers to secure overseas markets and foreign airlines to buy stakes in some of the weaker U.S. operators. These initiatives have triggered a war of words between European and American transportation officials. In reaction to British Airways' bid to acquire a 44% equity stake in financially troubled USAir, a trio of American airlines has closed ranks to oppose the deal, unless they are granted greater access to British markets. At the same time, the German parliament's Transport Committee threatened to terminate its 1955 air treaty with the U.S. if the Americans did not open more airports to German...
...eager to tap the American pool of 600 million passengers a year, which represents 40% of the world market. Secretary Card met last week for the first time with British Transport Secretary John MacGregor to help hasten a decision by Card on whether to approve the British Airways-USAir deal...