U S air travel faces delays as aging system strains industry
The U S air traffic system, built over 40 years ago, lags in updates and capacity. Airlines reduce seats, shift to larger jets for international routes, while domestic flights grow crowded. FAA projects passenger totals near 1 billion by 2015, with staffing and infrastructure pressures mounting.
MENTIONED IN THIS ARTICLE
United States
Imhoff
U.S
Federal Aviation Administration
FAA
Darrell Jenkins
Ohio State University
LaGuardia
New York
Kroger profits rise despite union unrest and costs
Kroger Co reports first quarter profit up 10 percent to 336.6 million on 20.73 billion in sales. Same store sales rose 5.2 percent, but labor unrest in southern California and higher dairy and produce costs pinched margins. CEO David Dillon says some price hikes were slowed to avoid sticker shock while unions challenge operations.
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Cincinnati
Kroger Co
Kroger
California
Louisville
Thomson
Financial
David B. Dillon
Dillon
Ohio offers 16 million incentives to Continental for Cleveland hub expansion
Ohio proposes grants loans and tax credits to Continental Airlines to add flights and about 700 jobs at Cleveland Hopkins. A prior 900000 grant helps fund equipment upgrades. Continentals decision hinges on public investment while Lane Bryant changes leadership at Charming Shoppes. Congress questions SEC tilt toward business interests as five commissioners testify.
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Cleveland
Continental Airlines
Cleveland Hopkins International
Continental
Lee Fisher
Ohio Department of Development
Houston
Newark
N.J
Ohio
Limited Brands
Congress
SEC
Washington
Securities and Exchange Commission
House Financial Services Committee
Barney Frank
Massachusetts
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American Airlines
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Spot
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