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Travel Hot News.com
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press agencies
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| FLash | Co founder Kelleher signs three year deal with Southwest Airlines Southwest Airlines Co. co-founder Herb Kelleher will remain chairman of the discount airline for 3 more years. Kelleher and the airline signed a contract during the summer, but it was not revealed until the filing with the U.S. Securities and Exchange Commission. Kelleher will continue to receive $450,000 US annually in base salary under the employment agreement. The board of the Dallas-based low-fare airline earlier this year waived its mandatory retirement age to accommodate Kelleher, 73, who stepped down as CEO in 2001. |
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| Jetsgo sues WestJet for $50 million over allegedly purloined information |
| CP |
Jetsgo is suing WestJet Airlines Ltd., alleging its discount-travel competitor pilfered private information and conducted ``an unlawful campaign with the specific purpose of injuring Jetsgo, its business and reputation.'' The claim filed Friday in Ontario Superior Court in Toronto seeks unspecified damages for interference with economic relations and civil conspiracy, plus $25 million for destruction of evidence and $25 million in punitive and exemplary damages.
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| Biometrics To Be Used At Canadian Airports - Launch Of Two Enhanced Security Projects |
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Transport Canada and the Canadian Air Transport Security Authority (CATSA) today announced the beginning of the implementation phase of a new restricted area identification card. Through the use of biometrics, this card will enhance the restricted area pass system currently in place at Canada's twenty-nine major airports. Also announced today is a pilot project to deploy new document screening equipment to detect explosives at pre-board screening checkpoints.
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| Air Canada forecasts Q3 operating income of $235M, up from $17M |
| CP |
Air Canada's parent company is forecasting third-quarter operating income of $235 million, up from $17 million a year ago, for the formerly insolvent airline. ACE Aviation Holdings Inc. said Friday it will release Air Canada's financial statement by Nov. 15. The estimate of $235 million, before reorganization and restructuring costs, ``represents a major improvement'' over last year's third quarter, ACE Aviation (TSX:ACE) said in a release.
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| Judge gives US Airways OK to cut workers' pay by 21 per cent |
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A bankruptcy judge granted US Airways authority Friday to immediately cut the pay of its union workers by 21 per cent through mid-February, saying the airline's situation is so dire that urgent action must be taken. The 21 per cent pay cut is nearly all of the 23 per cent reduction the air carrier had sought. ``Basically what we have here is a ticking fiscal time bomb,'' U.S. Bankruptcy Judge Stephen Mitchell said in issuing the ruling.
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| Brazil to allow air force to shoot down drug smugglers beginning Sunday |
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Beginning Sunday, Brazil's air force will be allowed to shoot down small planes suspected of carrying drugs under a law meant to stem the flow of cocaine pouring into the country at clandestine landing strips in the vast Amazon rainforest. Only Colombia has a similar law. Peru also shot down suspected drug planes but stopped after downing a plane carrying an American missionary and her daughter in 2001, killing both of them and seriously injuring the pilot. The missionary's husband and son also survived.
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| FLash | British Airways pilots agree to 8.6 per cent pay deal over three years Pilots at British Airways have voted to accept a contract which will raise pay by an estimated 8.6 per cent over three years, their union said Friday. In a vote open to 3,000 members of the British Airline Pilots Association, the new contract was ratified by a 3-1 margin, the union said. BALPA said the contract calls for a pay hike of 2.5 per cent this year, 3.2 per cent next year and an inflation-linked amount to be determined in 2006. |
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| FLash | Bankruptcy judge lets US Airways cut worker pay 21%: `fiscal time bomb' A bankruptcy judge granted US Airways authority Friday to immediately cut the pay of its unionized workers by 21 per cent, saying the airline's situation is so dire that urgent action must be taken. The authorized pay cut is nearly all of the 23 per cent reduction the airline had sought. ``Basically what we have here is a ticking fiscal time bomb,'' U.S. Bankruptcy Judge Stephen Mitchell said in issuing the ruling. The pay cuts will remain in place until Feb. 15, 2005, one month less than the airline had sought. Mitchell also granted the airline authority to trim its jet fleet. |
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| FLash | Airline Aer Lingus says 1,600 offer to quit as part of lucrative layoff plan Workers at Ireland's state-owned airline, Aer Lingus, offered to bail out of their jobs Friday in exchange for a generous payoff. Nearly 1,600 of the company's 4,000 employees filed for severance packages before a Friday afternoon deadline. Chief executive Willie Walsh said he was very pleased by the results. ``Some people will be disappointed because we won't be able to release all of the people who have applied,'' said Walsh, who has led efforts to reshape the once-bloated airline into a lean, low-cost carrier. Last month, Walsh announced that the airline wanted volunteers for a planned cut of 1,325 jobs, a third of the workforce. They were offered payouts ranging from around $50,000 US to $90,000 _ up to a maximum of 78 weeks' pay. |
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