United and Continental airlines will get clearance from the Federal Aviation Administration on Wednesday to operate as a single airline, the union for Continental pilots said. The so-called single operating certificate means that, as far as the FAA is concerned, United and Continental are one airline. For passengers, it’s a different story. The company will …
Monthly Archive: November 2011
AMR / American Airlines seek Chapter 11 protection – Yahoo! Finance
DALLAS AP — American Airlines and its parent company are filing for bankruptcy protection as they try to cut costs and unload massive debt built up by years of high fuel prices and labor struggles. There will no impact on travelers for now.The nation’s third-largest airline also said Tuesday that CEO Gerard Arpey stepped down …
Drug-laden plane left at Texas airstrip was sold – Atlanta Journal Constitution.com
HOUSTON — A small plane abandoned with about 100 pounds of marijuana onboard after skidding off the runway at a small private airstrip was recently sold at auction or in an estate sale following the death of its registered owner, authorities said Tuesday. John Kremmer, chief sheriff’s deputy in Waller County, said federal investigators determined …
NetJets Sues IRS over $642.7 Million Ticket Tax Bill – Flying Magazine
NetJets is suing the IRS over a tax bill totaling $642.7 million, money the fractional jet provider says it never should have been required to pay in the first place.The Internal Revenue Service improperly assessed passenger ticket taxes, NetJets said in its complaint in federal court in Columbus, Ohio. Four NetJets subsidiaries involved in the …