American Air wants slowdown in JFK airport plan

Hopeful

Veteran
Dec 21, 2002
5,998
347
Maybe the Port Authority of NY&NJ along with the New York City Development Council can help AA out the way they are going to help JetBlue out. Last month, these two organizations granted JetBlue a $150 million dollar interest free loan to build a 3-bay hgr at JFK. They are still treating JetBlue as an upstart carrier and turning their backs on the major, more established carriers. Up until early this year, JetBlue had much of its landing fees waived because by the PA of NY&NJ.
 

AAquila

Senior
Sep 22, 2002
357
0
American Air wants slowdown in JFK airport plan
4:30 p.m. 04/09/2003 Provided by


NEW YORK, April 9 (Reuters) - Teetering on the brink of bankruptcy, American Airlines, the world''s largest air carrier, is discussing the possibility of slowing construction of a new $1.3 billion terminal at John F. Kennedy International Airport, a spokesman for the airline said on Wednesday.

The threat of bankruptcy still looms heavy for American, a unit of AMR Corp.(AMR), currently in talks with union leaders who are asking to shorten the duration of wage concession deals struck last week.

The airline is in discussions with the Port Authority of New York and New Jersey, the airport operators, to defer construction on the eastern phase of the project as part of an effort to conserve cash, said Al Becker, a spokesman for the airline.

This is only one of many steps American is taking as part of a wide-ranging program to reduce its overall costs by about $4 billion a year, he said.

American will still continue work on the central phase of the project, Becker said, including a new Concourse C, expected to be completed by the first quarter of 2005.

A spokesman for the Port Authority was not immediately available for comment.
 

jj

Senior
Aug 20, 2002
290
0
Yea looks like unfair treatment to an airline that has alot more employees and pays a hell of alot more rent and taxes.You bet if it was the other way around their would be some screaming!
 

AAquila

Senior
Sep 22, 2002
357
0
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On 4/10/2003 9:56:10 AM Hopeful wrote:

Maybe the Port Authority of NY&NJ along with the New York City Development Council can help AA out the way they are going to help JetBlue out. Last month, these two organizations granted JetBlue a $150 million dollar interest free loan to build a 3-bay hgr at JFK. They are still treating JetBlue as an upstart carrier and turning their backs on the major, more established carriers. Up until early this year, JetBlue had much of its landing fees waived because by the PA of NY&NJ.

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JBLU is headquartered in New York City, NY Gov Pataki has always called it, the hometown airline. The Blue Bagel is the official food on all of their breakfast flights.

What''s a Bagel?