BET founder appears to swing dream deal for DC Air
Article Abstract:
DC Air, the airline that will result from the remains of the merger of US Airways and United Airlines, will begin operations with 37 aircraft. The company, which is owned by Black Entertainment Television founder Robert Johnson, will also get the biggest block of landing and takeoff rights at the Reagan Washington National airport for only $141.2 million. DC Air's Johnson is already being criticized as a recipient of a sweetheart deal at the expense of investors.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
United pilots may get 45% pay hike
Article Abstract:
United Air Lines Inc pilots will receive pay increases of as high as 45% by May 1, 2004, based on a tentative labor agreement reached Aug 26, 2000. Under the terms of the deal, the airline's pilot will receive salaries of $222.12 per hour once the contract is signed, an amount that could increase to $264.89 per hour by May 1, 2004. The agreement, which is expected to be approved by United's pilot union leadership, will be retroactive to Apr 12, 2000.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Players in United, US Airways deal lobby Capitol Hill. United, US Airways face obstacle course. United, US Airways hope $4.3B merger deal flies
- Abstracts: Florida summons Ford, tire maker. United wants to give pilots stun guns. Merger is biggest airline antitrust test for Justice
- Abstracts: Bright lights, big controversy. Further scrutiny puts Ford in the hot seat. Safety group to rate autos on rollover risk
- Abstracts: ARMs are hot, but not hot deals. Real estate funds make big comeback. Credit cards add to debt in double digits
- Abstracts: WB, Fox networks favored by early ad buyers. CBS to join Viacom empire. Advertisers shell out billions for 2001 TV season