
"we are working very hard at figuring out where we go next" United Airline's spokesman
Aviation Conspiracy Newsletter #197..........................................December 8, 2002 Past newsletters can be accessed at: http://pages.prodigy.net/rockaway/ACNewsmenu.htm Affiliated with, but not a publication of, the U.S. Citizen's Aviation Watch http://www.us-caw.org/
Airline Stocks Getting Shot Down!!!

As Bill Sees
It: (Editorial):
Tail Falling Off Airline Stock: United
Airlines stock dropped TWO THIRDS in one day. Newspapers are predicting that
they will go into bankruptcy as soon as today. But of course that doesn't mean
that there will be any fewer planes flying overhead or that United's executives
with their "golden parachutes" will lose any money. It probably only
means that the airline will be able to free itself of union
contracts
and personnel. Even Boeing is feeling the pinch as it dropped plans to build
the "sonic cruiser." The futuristic high-speed polluter was meant to be
the U.S. aircraft manufacturer's answer to European rival Airbus' A380 super
jumbo. In the next few weeks it will be interesting to watch what happens
next to United and the rest of the polluters as investors "bail-out."
Yet
ANOTHER Concorde Near
Disaster!!! Speaking of high-speed planes, a piece of rudder was torn from the
supersonic jet's tail fin on a BA flight from London to New York 10 days ago
while it was flying at Mach 2!!! Although it looked like the Concorde came close to
completely losing it's tail,
British Airways downplayed it saying that "the plane had many backup
systems and that the damaged rudder was one of four." This follows another Concorde incident only
a few weeks ago. This
"incident" was apparently kept from the public and the media didn't
report it until a week after it happened. After the Concorde crash in France
the fatality rate of the Concorde plane became
FOUR TIMES higher than the next most dangerous plane type. It is becoming
clear that England and France are not going to get rid of this highly polluting,
unsafe, old dinosaur until there is another crash...if then!!!
What's Behind
The FAA "Proposed" Fine On United Airlines For TAPE Repair?
While United Airlines spiraled down closer to bankruptcy this week, the FAA let
out a little press release that they were "considering" a $850,000
fine for them for a safety violation!!! Why only considering? If they
violated a safety regulation why aren't they fined immediately? Who knows? Maybe the FAA sees United Airlines as dead in the water so they might as well
make themselves look like they are doing their job while United goes down the
drain. Or, maybe the politicians are angry with United for not keeping up with
their political "donations" (AKA bribes) because
of their financial
problems. FAA's Blakey Names New
Management Team: I see the new Assistant
Administrator for Public Affairs went to my brother's old school, Mount St.
Mary's College. Maybe I'll give him a call to see if there is any change in the
FAA's attitude of ignoring the victims of aviation, while catering to the
polluters. Actions speak louder than words.
United
Airlines May Go Into Bankruptcy TODAY!!! The 11-member United
Airlines board of directors met Saturday to discuss the carrier's precarious
financial position, but did not disclose whether the company will file for
Chapter 11 bankruptcy today, as is expected. United Airlines' stock sank below a dollar
share Friday as investors anticipated a Chapter 11 bankruptcy filing by the
nation's No. 2 airline. Shares in parent UAL Corp. fell 12 cents to 88 cents
a share in morning trading on the New York Stock Exchange the second day of a
selloff following the rejection of its request for a $1.8 billion loan guarantee.
The carrier was
completing the terms of a $1.5 billion debtor-in-possession loan, the sources
said. The loan would enable the airline to keep flying in bankruptcy. http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2002/12/08/MN114439.DTL
http://abcnews.go.com/wire/Business/ap20021206_767.html
Boeing
Joining The Airline
Industry Crash? Boeing shares fall on United Airlines
exposure: NEW YORK, Dec 5 (Reuters) - Shares of Boeing
Co. fell on Thursday after the Air Transportation Stabilization Board rejected
United Airlines' $1.8 billion loan application, raising new questions about
product demand in the battered commercial aerospace market. Boeing's
stock dropped $1.09, or over 3 percent, to $32.84, making it the largest
percentage loser in the Dow Jones industrial average on Thursday
morning. United, whose request for
federal loan guarantees was denied Wednesday, owes Boeing Capital Corp. $1.3
billion in financing for the purchase of about a dozen Boeing jets. The
planes are mostly late-model 777s. http://seattlepi.nwsource.com/business/apbiz_story.asp?category=1310&slug=United%20Boeing
http://www.komotv.com/stories/21800.htm
Can The FAA Be Trusted With A
New Inspection Role? WASHINGTON — The Federal Aviation Administration
(FAA) yesterday proposed a more active federal role in the inspection of older
commercial airliners, anticipating that aircraft will remain in service longer.
The FAA generally performs an auditing and oversight function in aircraft
inspections, relying on airlines to ensure their planes are safe. Yesterday's
proposal would have FAA inspectors or their deputies conduct checks for problems
such as cracks and corrosion in older planes. The proposal, which is open to
public comment, would take effect in December 2003, but the first inspections of
planes in service at least 24 years wouldn't be conducted until 2006!!! http://seattletimes.nwsource.com/html/businesstechnology/134591294_faa07.html
Another
Safety "Incident" For The Concorde!!! Last
month an Air France Concorde flying from New York to Paris frightened passengers
with a steep descent after an engine malfunction. In July, a British Airways
Concorde en route to New York turned back to London after an engine problem made
it difficult for the plane to fly straight. It was the fifth time (that got
reported) in the past 13 years that the supersonic jet has lost part of a
rudder and the incident came just 12 months after British Airways and Air
France Concordes returned to passenger services following the crash of an Air
France Concorde near Paris in July 2000 in an accident which claimed 113 lives.
http://abcnews.go.com/wire/Travel/ap20021204_377.html
FAA
Proposes $805,000 Fine For United Airlines For TAPE Repairs!!! WASHINGTON
(Reuters) - U.S. regulators have proposed an $805,000 fine against
financially ailing United Airlines for improperly using tape for wing repairs
on three Boeing 757 aircraft, the Federal Aviation Administration said on
Wednesday. The agency claimed that the No. 2 carrier, a unit of UAL Corp. that
is trying to avoid bankruptcy, performed temporary repairs on aircraft ground
spoilers that did not meet its own maintenance standards or those included in
the manufacturer's maintenance manual. http://abcnews.go.com/wire/US/reuters20021204_449.html
Indianapolis
Airport To Make A "Noise Map:"
INDIANAPOLIS -- Airport officials looking into how recent changes in
flights and equipment will effect the Indianapolis International Airport's
long-standing problem with noise. Noise exposure maps are being updated. Airport
spokesman, Dennis Rosebrough said since this August's closing of the postal hub
-- a loss of 35-40 nighttime flights -- and FedEx speeding up modernization
to newer and quieter airplanes, "interesting results" could be
produced on the map. Editor's Note: Airports look for a lull in
activity as a great opportunity to make a new, phony FIVE YEAR noise map. FedEx
speeding up "moderization!" That sounds like FAAspeak for more FedEx
night flights. http://www.flyergroup.com/cgi-bin/LiveIQue.acgi$rec=34408?hc_story
Plane Engines Die, Use The Parachute!!!
Just outside
of Dallas on October 4, Lionel Morrison was in his four-seat plane 2,000 feet
above ground and in serious trouble. Morrison was flying his 11-month-old Cirrus
SR22 when he realized that the left wing flap was hanging by a single hinge
point, rendering the wing virtually useless. The pilot says he then realized
he'd have to deploy his parachute. But his chute wasn't strapped to his back. It
was attached to his plane. The Cirrus
plane Morrison piloted that day was equipped with a Cirrus Airframe Parachute
System (CAPS) -- a unique parachute that's embedded in the plane's fuselage. The
parachute's Kevlar harness is located just behind the baggage compartment,
forward of the tail. However, one question remains: Could this technology
ever be used on commercial planes? Andrews is reluctant to say. "I'm no
engineer," she said. "That's a question for Boeing." http://www.techtv.com/news/scitech/story/0,24195,3409691,00.html
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Aviation News Stories
Concorde loses rudder part during flight| ‘A lot of people who fly Concorde fly it because of status’ PROFESSOR LUIZ MOUTINHO | |