The October 1 merger of United and Continental Airlines has exhumed an old bone of contention between mainline pilots and their management that stands to profoundly affect regional airlines and the Air Line Pilots Association-represented brethren employed by them.
Boeing’s conclusion that a short circuit or electrical arc caused by foreign debris in a P100 power distribution panel led to the November 9 fire aboard the second 787 flight test airplane might have come as a relief to those who feared the need for an extensive system re-design.
Unfazed by pressure from various aviation alphabet groups concerned about the “criminalization” of aircraft accidents, a French court this week found a Continental Airlines mechanic guilty of involuntary manslaughter for his role in the July 25, 2000, crash of an Air France Concorde outside Paris.
A French court found Continental Airlines and one of its mechanics guilty of manslaughter for their roles in the crash of an Air France Concorde SST shortly after takeoff from Paris Charles de Gaulle Airport on July 25, 2000. Judge Dominique Andreassier ordered Continental to pay a €200,000 ($268,000) fine and €1 million ($1.34 million) in damages to Air France.
A Paris court ruled yesterday that Continental Airlines was "criminally responsible" for the crash of the Air France Concorde in July 2000, which killed 113. The court fined the airline EU200,000 ($268,000) and ordered that it pay Air France EU1 million ($1.34 million). A Continental mechanic was given a 15-month suspended sentence, while another mechanic and three French officials were cleared.
St. George, Utah-based SkyWest announced today that it has completed its acquisition of Houston-based ExpressJet Holdings. Under the terms of the $133 million transaction, ExpressJet Airlines becomes a wholly owned subsidiary of Atlanta-based Atlantic Southeast Airlines (ASA), itself a unit of SkyWest.
United Air Lines and Continental Airlines formally closed their so-called merger of equals today, as United Continental Holdings–the former UAL Corporation–announced that both now operate as wholly owned subsidiaries of the new entity. The common stock of United Continental Holdings began trading today on the New York Stock Exchange under the symbol UAL.
If you’re a stickler for the truth, the DOT Future of Aviation Advisory Committee (FAAC) meeting that the FAA hosted in late August may have been more about what was missing than what actually took place.
The consolidation of the regional airline industry continued unabated last month, as St. George, Utah-based SkyWest revealed plans to acquire Houston-based ExpressJet. The $133 million transaction will involve a direct purchase by SkyWest's Atlanta-based subsidiary, Atlantic Southeast Airlines (ASA), of all of ExpressJet's common shares for $6.75 each in cash.
UAL Corp.'s United Airlines and Continental Airlines expect their proposed merger to close by October 1, now that companies have cleared the last major hurdle in their bid to create the world's largest airline. On Friday shareholders from both companies approved the transaction by a wide margin, as more than 98 percent of the votes cast by each group went in favor of the merger.