March 24, 1997

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HEADLINE NEWS

Airlines Cautioned Against Irrational Fleet Expansion

Boeing claims there is no cause for concern, but two major trade groups foresee potential problems in pace of orders

By ANTHONY L. VELOCCI

HEADLINE NEWS

Aircraft Procurements Share Blame for TWA Loss

CINCINNATI By the chairman's admission, poor aircraft acquisition decisions and a flawed operating plan sent costs soaring in 1996 at Trans World Airlines. The consequences, including a $284.8million net loss for the year, were reported last week.

By JAMES OTT

HEADLINE NEWS

American Airlines Pilots On Course to Contract

CINCINNATI Negotiators for American Airlines and the Allied Pilots Assn, have arrived at an agreement in principle on a new contract, but it could take a month before a proposed contract could come to a vote of APA members. THE BROAD agreement was reached Mar. 19 in Washington during negotiations mediated by independent consultant Bob Harris on behalf of the National Mediation Board.

By JAMES OTT

HEADLINE NEWS

Boeing Locks Up Long-Term Delta Order

SEATTLE Boeing has won a landmark, longterm order from Delta Air Lines for 106 firm and 124 option transports valued at more than $16 billion. The pur chase also launches Boeing's new 300-seat 767-400 transport and likely will add Delta to its list of 777 customers.

By PAUL PROCTOR

HEADLINE NEWS

Chinese Long March Faces Crucial Return to Flight

SHANGHAI and XIAN, CHINA China is poised to resume commercial Long March flights by early April after major software and quality control improvements to the booster and launch operations following the failure of three of the last five missions, two involving fatalities.

By CRAIG COVAULT

HEADLINE NEWS

EF2000 Reenters UAE Fighter Fray

LONDON The Eurofighter 2000 is back in the hunt in the United Arab Emirates fighter competition, which could be worth up to $5 billion, alongside Lock heed Martin's F-16 and Dassault Aviation's Rafale. The UAE is considering a new proposal from the four-nation Eurofighter consortium, a military official said last week at an international defense exhibition in Abu Dhabi.

By JOHN D. MORROCCO

March 171997

March 311997

March 24, 1997

March 24, 1997