Word: valujet
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Dates: during 1990-1999
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WASHINGTON, D.C.: A day after it grounded ValuJet, the Federal Aviation Administration acknowledged, with a veiled mea culpa, that it never moved quickly enough to regulate low-cost air carriers. As unflattering details have emerged about its oversight of ValuJet before the airline's DC-9 crash May 11, the FAA on Tuesday tried to calm the public and forestall further criticism by announcing a policy of tighter airline inspections and forcing its top regulatory officer to retire this month. Too little, too late? Probably. TIME aviation correspondent Jerry Hannifin reports that the May 11 crash...
GRETA VAN SUSTEREN, ambulance chaser? That's how it appeared to families of ValuJet crash victims who received packages from the law firm of Coale & Van Susteren offering to represent them in return for 25% of any money the airline awards them. At least one package contained a picture and biography of Van Susteren, now a co-anchor on the CNN program Burden of Proof. While sending unsolicited offers isn't illegal, it is kind of cheesy, especially since the couple's firm has already been censured for soliciting clients in West Virginia. But John Coale pleads not guilty...
...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...
...airline also disclosed that Timothy Flynn, one of its 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...