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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Sep 29, 1989
Page
4
Braniff Inc. faces major obstacles to a comeback after filing for Chapter 11 in Orlando. Analysts say mega-carriers control long haul routes and Braniff’s losses, fleet cuts, and reduced city service limit its options.
Braniff Inc. filed for Chapter 11 bankruptcy, laying off over 2,700 of 5,000 employees nationwide, with about 2,000 at Kansas City International Airlines. City officials report more than 2 million owed, 93 daily departures cut to a few flights, while other carriers suspend Braniff tickets and some workers seek new assignments.
The Senate voted 53-47 to restore two thirds of cuts to the Strategic Defense Initiative while approving a $288 billion defense bill. It endorses Bush missile programs, backs a large B-2 bomber, and aims to shut and scale bases, with House conference to finalize the measure next week.
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