Guest Operation Bomberclad Posted October 10, 2003 Share Posted October 10, 2003 FOOT IN THE REGIONAL AIRPORT AUTHORITY DOOR AND NOT IN MOUTH David Hughes named to TEDCTIMMINS The Daily Press Wednesday, October 08, 2003 - 07:00 Local News - The Timmins Economic Development Corporation (TEDC) has a new eye in the sky. David Hughes, manager of customer service for Air Canada Jazz in Timmins, as the newest member of the TEDC. “He is a leading member of the corporate community in Timmins,” said Coun. Rick Bisson. It’s Hughes’ first term with the board. “He will provide a unique viewpoint, from Air Canada and as a regional air service provider, to the TEDC,” Bisson said. “His input will be invaluable.” ( note: David Hughes gets my vote for schrewdness ) http://www.timminspress.com/webapp/sitepages/content.asp?contentid=45374&catname=Local+News VALUE ADDED SERVICES FOR AIRPORT AUTHORITIES Crowflight Minerals Inc.: Drill Program At Sudbury Airport Property Commences TORONTO, ONTARIO--CROWFLIGHT MINERALS INC. (TSX.V: CML) wishes to announce the start of a diamond drilling program on the Sudbury Airport Property. The Airport Property is subject to a 50/50 joint venture agreement with Millstream Mines Ltd. (TSX.V: YLI). A recent deep penetrating I.P. geophysics survey has outlined several distinct anomalies, which are located within the belts of Sudbury Breccia, the host environment for many of the economic deposits in the Sudbury Basin. The geophysics survey was structured to investigate a model target (massive sulphide, fairly narrow in width and length and penetrating to unknown depth) in the Sudbury Basin footwall rocks. The drilling program will investigate a number of the recently discovered anomalies and produce critical lithology of their surrounding environments for further analysis. http://www2.ccnmatthews.com/scripts/ccn-release.pl?/2003/10/07/1007099n.html WHEN IN DOUBT, SELL DOUGHNUTS Revenue-pinched airport courts Krispy Kreme, Brooks Brothers Eric Durr The Business Review Albany International Airport officials are hoping the public's infatuation with Krispy Kreme donuts will help fill some holes in the airport's budget. In an effort to help raise additional income, John O'Donnell, CEO of the airport, wants to locate a Krispy Kreme shop outside the airport's security checkpoint. The airport has asked Dynamic Donuts, the Buffalo-based company building a Krispy Kreme franchise at 559 Troy-Schenectady Road, if it can establish a satellite location, O'Donnell said. "We're going after them. I don't know if they are in airports yet. We haven't had a meeting yet. We have made contact with them but we have not had our first meeting," O'Donnell said. http://makeashorterlink.com/?J16812B26 LETS PLAY CHINESE WALL Air aide accused of 'conflict of interest By Barrie Clement, Transport Editor 08 October 2003 The chief aviation adviser to the House Commons has been accused of a serious "conflicts of interest" between his parliamentary role and his private consultancy work. Laurence Price, works for a consortium backing the construction of a new airport at Redhill near Gatwick, but also acts as a paid consultant to the Select Committee on Transport which has published reports declaring that the site should be seriously considered. http://news.independent.co.uk/uk/transport/story.jsp?story=451049 MORE CRYPTIC LESSONS IN THE AIR BIDNESS Wall Street Has Mixed Outlook for Mesa Deal By Eric Gillin Staff Reporter 10/07/2003 02:54 PM EDT A day after Mesa Airlines (MESA:Nasdaq - commentary - research) announced an unsolicited bid to purchase Atlantic Coast Airlines (ACAI:Nasdaq - commentary - research), Wall Street analysts were conflicted on whether the offer will meet with success. Some on Wall Street told clients that they think Atlantic Coast will be able to fight off Mesa's bid, which prices Atlantic Coast shares at a 25% premium to last week's close. But because Atlantic Coast management has only a 2% voting stake in the airline, management will need to convince 49% of outstanding shareholders to reject the deal. CSFB, which upgraded Atlantic Coast to neutral, is among those who think the deal will happen. "While initially skeptical about the deal coming to pass, we have learned that [Atlantic Coast] has extremely weak antitakeover defenses. When coupled with a disgruntled shareholder base that is very skeptical about management's plan to turn the regional carrier into a low-cost airline, those low barriers make the odds of Mesa's success quite high," said CSFB analyst Jim Higgins. http://www.thestreet.com/_mktw/markets/ericgillin/10117830.html PUT UP OR SHUT UP Atlantic Coast Shares Go Up as Sales Talk Goes On> Mesa Air Group Offered to Buy Regional Airline, and Virgin Atlantic May Also Be Interested By Keith L. Alexander and Amy Joyce Shares of Dulles-based Atlantic Coast Airlines Holdings Inc. continued to climb yesterday as investors anticipated the airline would be sold, whether to Mesa Air Group Inc. or some other acquirer. "The market thinks the company is in play and somebody else may come along and force Mesa to up its bid," said Benchmark Co. airline analyst Helane Becker. On Monday, Phoenix-based Mesa offered $512 million in stock for Atlantic Coast, which dominates Terminal A at Dulles International Airport, in a deal that would create the nation's largest regional airline company. Based on Mesa and Atlantic Coast's closing stock prices Friday, the offer was about $11.30 a share, a 25 percent premium from Friday's price. Shares of Atlantic Coast climbed 83 cents yesterday to $11.88, up 7.5 percent. Shares of Mesa closed at $12.25, up 69 cents or nearly 6 percent. Meanwhile, industry sources said billionaire Richard Branson, founder of London's Virgin Atlantic Airways, has shown interest in investing in Atlantic Coast and helping the airline maintain its independence. http://www.washingtonpost.com/wp-dyn/articles/A58830-2003Oct7.html AND NOW FOR THE ENTERTAINMENT PORTION OF REGIONAL NEWS Cartoonist Finds Humor In Brush With FAA Security Cartoonist Klyde Morris often attacks the Federal Aviation Administration on his Web site, klydemorris.com. A few weeks ago, it might have seemed as if the FAA was counterattacking when a guard shouted at him to stop taking pictures of the FAA building from the sidewalk. The Department of Transportation, the Cabinet department that contains the FAA, said it is looking into the incident. Spokesman Robert Johnson said there is no rule against taking pictures of the FAA building, but photography is one of the factors that security guards take into account when determining whether people should be challenged. http://www.washingtonpost.com/wp-dyn/articles/A58830-2003Oct7.html http://klydemorris.com/strips.cfm :[ NZ Link to comment Share on other sites More sharing options...
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