Airlines
Yemen and Somalia are two nations in East Africa that share similar challenges, including poverty, internal divisions, and Islamist insurgencies. The two countries have been separated by the Gulf of Aden, with Yemen's Al Qaeda branch and Somalia's Al Shabab militia operating independently. However, there is
Airlines
British officials have retracted their assertion that they passed intelligence information about the attempted Christmas Day bomber, Umar Farouk Abdulmutallab, to the United States, which might have helped avert the attack. The remarks came as President Obama and his national security team met at the White House to review the
Airlines
A Nigerian student, Umar Farouk Abdulmutallab, was charged with attempting to blow up a Northwest Airlines jet by igniting an explosive device made of pentaerythritol (PETN) stitched into his underwear. Passengers' quick thinking and a faulty detonator thwarted the attack, which could have resulted in a devastating explosion. The
Airlines
On Christmas Day 2009, Umar Farouk Abdulmutallab attempted to detonate a powerful plastic explosive, pentaerythritol tetranitrate (PETN), on board Northwest Airlines Flight 253, traveling from Amsterdam to Detroit. Had he been successful, the explosion could have caused the plane to crash, according to experts. Abdulmutallab, 23, was charged with attempting
Airlines
US federal air marshals were forced to reveal their presence and intervene when 12 passengers aboard Northwest Airlines Flight 42 began using their cell phones shortly after takeoff. The pilot requested a military escort and emergency landing in Amsterdam, where the passengers were arrested by Dutch officials. The flight had
Airlines
Flight attendants at Northwest Airlines may begin a job slowdown on Friday, as the Association of Flight Attendants plans a targeted strategy to disrupt flights. The airline, struggling to emerge from bankruptcy protection, is seeking concessions from its 7,300 flight attendants. Meanwhile, Federal Reserve Chairman Ben S. Bernanke will
Airlines
A critical provision in a pension overhaul bill could see Senate passage, potentially saving billions of dollars for taxpayers and preserving retirement income for 70,000 present and former Northwest employees and their families. The bill, which has been amended to ease concerns from Continental Airlines, aims to stretch Northwest&
Airlines
Northwest Airlines Corp. has filed a lawsuit against American Express Company for $64.3 million, and is seeking $190 million in concessions from ground crews, while terminating 35 jet leases to mitigate financial losses. The airline's 7.068% notes due 2017 traded up 8.75 points to 53.
Airlines
The simultaneous bankruptcy filings of Delta Air Lines and Northwest Airlines on September 14 have cast a shadow over the pension benefits of thousands of their employees. While Northwest officials have expressed hope to preserve the accrued pension benefits, Delta officials have remained tight-lipped about their plans, stating that the
Airlines
Command Security Corporation has disclosed an estimated exposure of $1.1 million to Delta Air Lines and Northwest Airlines, both of which have filed for Chapter 11 bankruptcy protection. The company provides aviation and security services to these airlines through its Aviation Safeguards division and expects to continue providing services
Northwest Airlines Corp.
The US airline industry is facing unprecedented challenges as four major carriers, including Delta and Northwest, have filed for Chapter 11 bankruptcy protection. The situation is a stark reminder of the industry's vulnerability to high fuel prices and labor disputes, which have led to a fractured industry landscape.
Northwest Airlines Corp.
As Hurricane Katrina recovery efforts gain momentum in Hampton Roads, two major airlines, Northwest Airlines and Delta Air Lines, are preparing to file for bankruptcy protection, according to sources close to the companies. In other economic news, US wholesale prices rose less than forecast in August, and the trade deficit
