Northwest Airlines tells ANN that it has reached a tentative
agreement with the Aircraft Mechanics Fraternal Association (AMFA)
to end an ongoing labor dispute with the airline's technicians. A
membership ratification vote will be conducted during the next 30
EADS Co-CEO Louis Gallois To Run Troubled Planemaker
ANN REALTIME UPDATE 10.09.06 1715 EDT: When
Christian Streiff offered his plan to turn around the fortunes of
European planemaker Airbus last week, he essentially told the board
of parent company EADS that it would be his way, or the highway...
and on Monday, the now-former Airbus CEO opted for the highway.
Claims Fraud, Liability For Accident In Icing Conditions
The family of the 49-year-old pilot killed when her Cessna
208B Caravan went down in Winnipeg last October has filed suit
against Cessna, alleging the planemaker knew the aircraft was
unsafe in icing conditions.
Planemaker, French PM Deny Rumors CEO Is On way
Could recently hired Airbus CEO Christian Streiff already be
heading for the door? On Friday, Airbus flatly denied rumors that
Streiff -- who has only been on the job since July -- is looking to
leave the beleaguered planemaker.