|
"Even if the aid package could get them back to the status quo, ... 8 America West, which came back from bankruptcy a decade ago in the last recession, is also getting dragged down by a millstone of debt and had less than $200 million in cash and credit before the bailout. Neither airline would comment on its financial condition.
|
www.businessweek.com/magazine/content/01_41/b3752735.ht...
www.businessweek.com/magazine/content/01_41/b3752735.htm
|
|
|
|
Before September 11, 49 U.S.C. § 44302 allowed the Secretary of Transportation to insure aircraft in foreign air commerce if the President deemed it necessary to further American foreign policy [48]. The bailout package expands this authority to include domestic flights [49]. Significantly, the Secretary may only...
|
www.fed-soc.org/publications/pubID.111/pub_detail.asp
|
|
|
Click for Information on Liability Provisions of the Airlines Bailout Legislation; ... and that its cash balance will be negative $1.1 billion by November 2001 and negative $15 billion by June 30, 2002. Furthermore, it maintains that financial institutions will not, without a convincing federal assistance package,
|
www.citizen.org/congress/welfare/articles.cfm?ID=6045
|
|
SCHAKOWSKY SAYS AIRLINE BAILOUT PACKAGE ; "COMPLETELY IGNORES THE HEROES IN THE AIRLINE INDUSTRY WHO WERE AND ARE MOST DEEPLY AND PERSONALLY AFFECTED BY THE SEPTEMBER 11 ATROCITIES" ... She added, "Those airline executives who earn over $300,000 will find a whole section of this bill devoted to them, however.
|
www.house.gov/schakowsky/press/pr09_21_2001airline.shtm...
www.house.gov/schakowsky/press/pr09_21_2001airline.shtml
|
|
Statement by AFL-CIO President John J. Sweeney on Congressional Decision on Worker Relief Package - Airline Bailout Bill ... If members of Congress fail to include relief to workers in the airline bailout bill, it will be an unconscionable, divisive and economically irresponsible omission.
|
www.aflcio.org/mediacenter/prsptm/pr09212001.cfm
|
|
No bailout package for airline labor By Marilyn Adams, USA TODAY U.S. airlines got their federal bailout over the weekend, but 100,000 employees who are suddenly losing their jobs are still looking for help. Using a little-known labor contract... ... How the bailout package works...
|
www.usatoday.com/money/biztravel/2001-09-24-labor.htm
|
|
Larry Chenaille says his wife is too honest and that's why Larry's Flying Service didn't get its fair share of the government's airline bailout.
|
www.usatoday.com/money/biztravel/2001-11-26-airbailout....
www.usatoday.com/money/biztravel/2001-11-26-airbailout.htm
|
|
Airline industry has sought a bailout package from the government following sharp appreciation in fuel costs. While we have argued for a lower cost structure for the industry, any subsidy or bailout package is totally unwarranted.
|
economictimes.indiatimes.com/Editorials/No_bailout_pack...
economictimes.indiatimes.com/Editorials/No_bailout_package_for_airlines/articleshow/3124477.cms
|
|
On the rise: HMO prices, some S&P ratings. Also, Bush signs airline bailout package. ... Mindful of the aid that the airline industry received and the insurance industry is likely to get, hotel industry execs are also pleading their case with elected officials for some sort of government-relief package.
|
www.cfo.com/article.cfm/3001197/c_3042868?f=singlepage
|
|
