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March 24, 2004

British Government Seeks Added Passenger Protection

Airline Insolvency Issues Addressed

There's nothing worse than flying away from home only to later find out the airline you've booked with has suddenly gone out of business. Unfortunately, this situation has confronted many travellers, which explains why the British government is working on measures to prevent this kind of situation from arising again. The UK's Civil Aviation Authority (AAA) is proposing to introduce greater protection for passengers booking direct with airlines. It wants individual passengers to enjoy the same protection given on bookings through tour operators. This measure is designed to cover the possibility of an airline going bust with passengers stranded overseas.

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Aerospace Giants Have Different Goals For 2004

Airbus Sees Orders; Boeing Clears Debt 

The current year is proving to be an important one for the two leading aerospace companies, but the priorities seem to be totally different. Airbus plans a strong sales push and expects to book orders for about 250 planes in 2004 and to deliver about 300, the company said on Tuesday. On the other end of the financial spectrum, Boeing seems to be focused on eliminating some of its debit and solving other cash-flow issues. On Tuesday, the company filed with the U.S. Securities and Exchange Commission to periodically sell up to $1 billion in debt securities and common stock.

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Boeing Union Rejects Offer

Company, Union Go Back To The Drawing Board

Yesterday, ANN reported that Monday's vote by union members at Boeing's Wichita facility may reject the company's latest offer. It seems we were right on target. Members of Boeing's second-largest union voted 3-to-1 Monday to reject the company's latest offer of a new three-year labor agreement. The vote means Boeing and the Society of Professional Engineering Employees in Aerospace (SPEEA) are headed back to the negotiating table and a possible stalemate.

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Embraer 170 To Fly For Republic Airways Holdings

Airline Is Second U.S. Carrier to Operate Embraer's Newest Airliner

On Tuesday, Embraer announced an order from Republic Airways Holdings for up to 50 EMBRAER 170 airliners. Under the agreement, 13 firm aircraft will begin delivery in the third quarter of 2004. Republic Airways Holdings also holds options on another 37 aircraft of the same model, with 12 to be confirmed by July 1. Delivery of the 13 firm aircraft will begin in the third quarter and continue through the first quarter 2005. The total value of the firm order at list price is US$ 325 million, with a potential value of US$ 1.25 billion if all options are converted.

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Pan Am Int'l Flight Academy Secures Korean Deal

Exclusive Training Contract With Korean Airlines

Pan Am International Flight Academy' Career Pilot division (PAIFA) has been awarded an exclusive contract to provide comprehensive, airline-oriented training to Korean Airlines (KAL). Training will be conducted at PAIFA's Livermore (CA) training center, and will utilize the Academy's fleet of Piper Seminole, Arrow and Archer aircraft. An estimated 60 KAL students will train with PAIFA this year. Since 2001, the Academy has (also) been the exclusive primary flight training provider to KLM Royal Dutch Airlines.

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Never Too Young To Sue

Eight-year-Old Sues Airline For Overcharging  

Proving that one can never be to young to sue, an 8-year-old Chinese boy is putting one of his country's airlines through the legal ringer. Lu Zhenyuan bought a ticket from China Eastern Airlines for travel to the southwestern city of Kunming during January's Lunar New Year festival. Qianlong state media reports he was forced to pay full price, as the carrier claimed he did not look young enough to merit an airfare discount. The legally savvy youngster has now decided to sue China Eastern as well as a Ningbo travel agency, asking for compensation and a public apology in a local newspaper, the report said.

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Keystone Helicopter Signs Maintenance Agreement with America Rising

Supporting The Only Helicopter-based Scheduled Airline

Keystone Helicopter Corporation has signed an agreement with America Rising to provide overhaul and repair services for the helicopter airline's fleet. America Rising is the only helicopter operator in the U.S. authorized by the Department of Transportation to operate as a scheduled airline.

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