U.S. Department of Transportation proposed new foreign ownership rules

The U.S. Department of Transportation proposed new rules to help US airlines to raise foreign money. U.S. airlines would have more opportunities to obtain financing from investors under a new rule announced today by U.S. Secretary of Transportation Norman Y. Mineta. The proposed rule would allow international investors more say in some aspects of airline operations, but retain current domestic ownership and labor protections in U.S. airlines, Mineta said. The notice of proposed rulemaking would allow global investors more input in marketing, routing and fleet structures. However, the proposal would ensure current protections guaranteeing that U.S. citizens own at least Read more

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Northwest still hopes to reach out of court agreement with unions

Northwest Airlines filed an 1113(c) motion with the bankruptcy court on October 12 to secure labor cost savings if the company and its unions do not achieve consensual agreements (as previously reported).Northwest has been in discussions with The Air Lines Pilots Association (ALPA), The International Association of Machinists and Workers (IAM), and The Professional Flight Attendants Association (PFAA) regarding the possibility of extending the deadline for the Section1113(c) hearing to mid-January in order to allow all parties more time to reach consensual labor cost saving agreements. In light of Northwest

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Kitty Hawk announces opening of Dallas/Fort Worth ground network

Kitty Hawk Cargo, Inc.announced it will open a Dallas/Fort Worth LTL scheduled ground freight regional hub on January 2, 2006. In addition to its current ground network hub in Fort Wayne, Indiana, the new regional hub will enable Kitty Hawk Cargo to offer increased efficiencies and service options to its freight forwarding, logistics and international gateway customers.

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ATA Flight Attendants Ratify Collective Bargaining Agreement

ATA Flight Attendants, represented by the Association of Flight Attendants (AFA), have voted to ratify a new collective bargaining agreement (CBA). The new agreement will extend wage, benefit and work rule concessions earlier ratified on Oct. 15, 2004, and will become effective Jan. 1, 2006. The collective bargaining agreement will be amendable on Oct. 31, 2008.

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