Discover Family, Famous People & Events, Throughout History!

Throughout History

Advanced Search

Publication: European Stars and Stripes Wednesday, April 24, 1985

You are currently viewing page 5 of: European Stars and Stripes Wednesday, April 24, 1985

   European Stars And Stripes (Newspaper) - April 24, 1985, Darmstadt, Hesse                                April 1985 the stars and stripes Page 5 pan am setting its Pacific operations Washington a financially strapped pan american world which a half Century ago pioneered Mercial air travel across the says it will withdraw from the Region and sell its Pacific operations to United United chairman Richard who for years has sought ways to expand his airlines International told re porters monday that United will pay million in Cash for 18 pan am jumbo jets and other facilities in the Pacific and absorb pan am including 410 the Deal must be approved by the Federal and finally the be cause it involves International routes and possible antitrust pan am chair Man Edward Acker said the actual Transfer probably wont be completed until sometime next the withdrawal of pan am from the a if approved by the will Mark the end of an Era in aviation pan am pioneered commercial airline service Between the United states and Asia in 1935 with the famous China Clipper and inaugurated flights from the United states to new zealand and Australia in the ensuing at a joint news conference with Acker said that the Pacific routes were Spe Cial to pan but added that sometimes in the interests of the shareholders you have to sacrifice sentiment and the Sale will allow pan which has lost million during the past five to reduce substantially its estimated billion debt and consolidate its operations in other parts of the Acker he declined to say specifically How much of the Money would be used to reduce the Compa nys the Pacific routes have been profitable for pan earning the airline million last year and million the year but Acker said if pan am were to remain competitive in the rapidly grow ing transpacific Market the airline would have to commit hundreds of millions of Dol Lars to develop a West coast Hub something he said it was not prepared to pan am operations Are concentrated on the East Acker characterized the which was Given final approval by the two air carriers at a 3 meeting As beneficial for both a win win situation that will leave pan am and United pan am will be a larger airline in 1986 by All popular measurements than it was in 1984 because it will be Able to concentrate on its other Domestic and International of Acker the agreement will enable the country largest to expand with new or additional service into Hong new the Tai wan and United flies Between Seattle and both Tokyo and Hong but is primarily a Domestic Carrier with Only 3 percent of its operations outside the United although flights recently have been reduced because of a pan am normally has 33 flights a week Between the United states and with Many of those flights continuing on to other asian coun including Mainland it also has daily flights Between los Angeles and Australia and new All these flights will be transferred to United under the pan am will continue limited service Between the West coast and Hon Ferris said which last year earned million and has Cash reserves of plans to pay Cash for pan ams Pacific some borrowing will be the airline has a billion line of credit available on three Days Union Boss refuses to testify on organized crime Chicago a the president of the labourers Union refused to answer questions monday at a hearing by the presidents commission on organized during which a local president was linked to a botched hit on a mob gambling Angelo president of the labor ers International Union of North America for the past 10 was asked to explain Why 156 Federal indictments were returned against members of his Union Between 1980 and he declined to invoking the fifth Foscz invoked his right to avoid self incrimination six More failing to respond to questions about organized crime members within the mob influence in Union locals and even whether he was aware that Al Cio ethics discourage Reliance on the fifth Robert a retired International vice pre testified hed been threatened when he expressed interest in running against Fosco in Powell said he took the threats he moved his family out of and started carrying a gun and Wear ing a bulletproof Union general counsel Robert Connerton did not appear before the 13member panel hearing three Days of testimony on labor and commission lawyers obtained a court order directing him to testify by 1 said panel spokesman Arthur the panel also refused to delay a scheduled tuesday appearance by teamsters president Jackie pressers attorney asked for the citing a recommendation from the Justice departments Cleveland strike Force that Presser be the strike Force recommended charges of ghost employee Given the i have advised Presser that at this Point in he must exercise his fifth amendment rights before the attorney John Climaco said in his letter to the former Chicago mob gambling Boss Ken who is in the governments witness Protection told the panel a 1983 attempt on his life was ordered by Vincent president of labourers Union local 1 in a photo mob gambling Boss Ken Eto survived bungled assassination Solano was one of three local 1 officers who invoked the Solano has never been charged with a crime in connection with the Eto assassination Frank identified As an officer in the also invoked the Salvatore also identified As a local 1 responded to questions with a statement challenging the constitutionality of the commis Sions charging it grew out of illegal wearing a Black Hood and Robe and flanked by told of the night on which he met two Jasper Campise and John who were supposed to take him to meet Solano for he they drove to a parking lot and As soon As i bang i got shot in the Eto was shot twice but his assailants were off target and Eto played Campise and Gattuso were charged with attempted their bodies were found in a car trunk in july they had been stabbed numerous and authorities have said they believe the two were killed for botching the Eto Eto told the commission he had pleaded guilty earlier to a Federal gambling charge and met with to whom hed been reporting for nearly a a few weeks be fore the shooting to talk about his Solano said Eto could serve Appeal or according to i just Felt there was something Eto he no longer trusted commissioner Thomas Mcbride said Law enforcement experts believe organized crime exerts substantial control Over the million member teamsters the labor ers the hotel and restaurant employees and the International longshoremen membership of the big four internationals in Large part embraces some of the most underprivileged members of our he in too Many cases their unions have become a vicious and vital part of the machinery of Tennessee banker guilty of Bank tax evasion Sands of time in the stars and stripes up Jake who once lived in a 30room Man Sion and worked in his own Glass sky scrap monday pleaded guilty to stealing Mil Lions from his Banks and accepted a sentence not to exceed 20 years in the bankrupt bypassing a series of trials that could have led to 501 years in admitted to 20 of the 102 counts of Bank fraud and income tax evasion against him in three Federal upon consideration of the full agreement i conclude the plea agreement is in the Best interest of All those said District judge Wil Liam the plea agreement is Thomas set sentencing for june 3 on the eight Knoxville counts and ordered a pre sentencing he told he could count on doing prison there will be Thomas a third of the sentence set must be served before consideration of whose United american Bank in Knoxville collapsed on Valentines Day pleaded guilty to four counts in each of five Butcher admitted to 13 counts of Bank three counts of two counts of filing fraudulent income tax re one count of aiding and abetting an other to file false tax and one count of wire april 1945 russian troops broke into Berlin City was falling Street by Street amid fierce 40 years ago today reports from Moscow said the 30 years ago today april 1955 actor Bela the Dracula of the horror had himself committed to a state Hospital in California As a drug the 72yearold actor admitted using narcotics for 20 years and said he was penniless and depended on friends for 20 years ago today april 1965 Johnny former world featherweight Champion and member of boxing Hall of died of pneumonia in East 10 years ago today april South Vietnam appealed for a ceasefire and offered to give the Viet Cong a share of Power in the in the Viet Cong formally rejected the  
Browse Articles by Decade:
  • Decade