...prompting huge layoffs and the multibillion-dollar government bailout. Travel agency executives said they support the airline bailout but see it as only part of an overall strategy to help the economy recover. "The rest of the industry has to be...
...an unprecedented display of taxpayers' generosity." The fund was set up in September as part of a $15 billion airline bailout bill passed by Congress. But Feinberg later told The Associated Press that he doubted it would satisfy victims...
...defense spending and immigration reform. In Congress, both parties are shifting their focus toward issues such as an airline bailout and airport security while downplaying earlier concerns such as creating a patients' bill of rights. The radically...
The Dow Jones industrial average Monday recorded its largest point drop ever, and that sounds alarming. But, measured in percentage terms, the Dow's collapse on Black Monday in October 1987 was three times bigger; and the broader S&P 500 index recorded a decline Monday of less than 5 percent. Of course, it's possible that nastier falls await. But for the moment the main cause for alarm lies not the in level of the overall market but in the state of the airlines.
...airport security, buy new security equipment and coordinate law enforcement databases before any money is spent on an airline bailout. "Unless I get some assurances of service to my district, I'm not inclined to support this," he said in a telephone...
...for the $5 billion in grants awarded by the bill, the sky's the limit on executive salaries and severance. The airline bailout legislation was crafted within hours of the first impact at the World Trade Center, as industry lobbyists fanned...
...in making some big decisions," Riccaradelli said. The fund was set up in September as part of the $15 billion airline bailout bill. Its eventual size will be determined by the number of families that apply and the size of their awards. Questions...
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