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Publication: European Stars and Stripes Friday, June 6, 1986

You are currently viewing page 7 of: European Stars and Stripes Friday, June 6, 1986

   European Stars And Stripes (Newspaper) - June 6, 1986, Darmstadt, Hesse                                . June 6. 1966 the stars and stripes Page 7 6,000 accept Exxon s Early retirement offer new York not the Exxon chirp. Says that More than 6,000 of its employees in the United Stiles nearly 153., have decided to Kavc the company under ils voluntary separation program. In april Exxon the world s largest Oil company had sent a letter outlining the program to 40,500 employees nearly it. Entire Domestic staff and said it hoped that 15 percent would take advantage of it. Wednesday however an Exxon spokesman said the company could not Yel say whether its efforts to reduce its Wark Force had ended. Sarah w. Johnson the company s manager of Public relations said that company officials had to finish tabulating How Many employees have left which positions. She said the tabulation was needed to determine the company s staffing needs. The offer  last Friday. A source inside the company who requested Anonym Ity said that it was virtually certain some employees would be dismissed. Oil Industry analysts agreed saying Hal the voluntary program was Likely to be Only the first stage of Exxon s Effort to red lice its staff. George f. Fritsen of Dean Witter Reynolds inc. Said i Don t think they Ever cup cd to meet their objectives solely through the vol Mary retirement program. If Oil prices stay depressed Over the next several years  Dixon has indicated is its View they re Likely to try to Cut staff by a number equal to the percentage they Cut the capita budget this  Exxon Cut capital spending this year to so billion from s1q billion. Paul Mlotok of Salomon Brothers inc. Said that Exi in s budget cuts and staff eduction program indicated that it has a significantly bearish vie of the level of Oil prices Over the not several years. These arc very substantial Steps particularly Given Exxon s Strong financial position he said. Obviously they re preparing themselves for an extended period of nil prices at the Low Kucis we be seen this  the analysts and several Erixon employees said thai the Shock a and hard feelings among exion employees that welled up at the announcement of the program remained. There s been a sense of a broken Trust around Here since this started from the secretaries on  one employee said referring to the morale inside Exxon s worldwide Headquarters in new York. On the other hand another Pixon employee we holds ,1 senior management position outside of new York City said he did not think the management Deci Sion would be that detrimental to employee morale. The offer can be a pretty Good Deal depending on your position said the employee who also As cd to remain Anonymous. That so Many a copy took them up on in indicates that Many thought it  under the Exxon offer employees who will be 50 years old by july 31 and have worked at Eiton for at least 15 years Are eligible for the company s annuity plan. If they accepted the voluntary separation plan Emon would add three years to their ape and three years to i hair length of employ mini in determining i hair retirement benefits. Employees who acc pics the of or but when will not be 50 years old by july Al or who have not worked at Eynon fur 15 years will jul a Cash settlement based on their length of employment. . Tourists overcoming tear of travel to Europe new York not major International airlines and some Domestic travel agents say they have seen a resurgence in bookings to Europe in the last several weeks As travellers apparently overcome heir fears of terrorism. Spokesmen for such major carriers to Europe As pan american world airways trans world airlines and British airways said that the trend might Mark a Turna round that could bring Relief to the anxious travel Industry. Of the airlines Only British airways was willing to disclose bookings. The others declined citing competitive reasons but said their bookings were up. John w. Lampil Public affairs manager for British airways in the United Stales said bookings Between London and the United Stales have been gaining steadily since the dramatic decline that followed the american bombing raid on Libya april 14. For the acct ended june 1, he said these bookings reached 52.51�. While this is still markedly below the average for this Lime of year which Lampl put a i 62,000, it rep resents a substantial increase from the lev Els earlier this Spring. The Carrier had bookings of 50.257 for the week ended april i 3. But after the at tack on Libya a wave of cancellations of booking far outdistanced new bookings to result in a negative 27,437 bookings in the week ended april 20. Bookings started edging Back up in the week ended april 27. By the May 18 week they had climbed to 42 946 and to 43.961 in the May 25 week. . Balance of travel payments tourism expenses is. Receipts . Travel deficit 1sso 81 82 83 84 85 2rj_what americana spend abroad 1980 81 82 83 84 b5  Sara us annl and tour in am Cwon difference Between what foreign trawlers spend m the . And what american travellers spend abroad it s coming Back Lampl said. It appears that we arc gelling Back to a Normal  he acknowledged however that a major terrorist attack could again Hurt bookings. The president of Twa Richard d Pear son was also optimistic. The Carrier is seeing the Early signs of a turnaround in the Public s attitude toward foreign travel he said. At pan am. Jeffrey Kriendler vice presi Dent of Public affairs said the trend is certainly encouraging. We believe that with continued stability and rational thinking the numbers will continue to  Kriendler called the psychological fac Tor the major Clement in the improvement saying that travellers appear to have gained a perspective on the chances of being involved in a terrorist incident. Indeed pan am has begun a major Campaign to convince travellers that flying could be made secure. In advertising in has promised Slep cd up Security effective june 12. Twa wednesday also announced enhanced Security for International flights. Both airlines have said thai they will charge All International passenger an extra s5 to cover the Eosin of Ine Security measures. As other factors in the upturn Kriendler cited such promotions As free tickets 10 carib bean Florida and California destinations la passengers buying licked on overseas flights. But inc International carriers appear to have been Able to avoid the More drastic step of fare culling to lure Back the Iran Atlantic traveler. Nevertheless Many travellers Are finding travel bargains in package hours and flights Hal Are still available because of the Low demand in april and May. Ruth Gilwood who works As an administrative assistant in the registrar s office at Prince ton University said in a Telephone interview Hal she and her husband found several weeks ago that they had the Lime 10 travel. Thuv have booked a tour through Twa to Ireland Scotland and England that will leave july 21, normally at this time of year she said such a Papular tour would be filled some travel agents have reported that 3 number of travellers were still trying to avoid tying on . Carriers and Landing in countries Hal have had terrorist attacks. Marilyn Sikora the manager of the Princeton. N.j., office of Revere travel said that one traveler who wanted to go to Italy chose to Fly on Swissair to Zurich and then will drive or Lake the train id Italy. The Airport in Rome was the site of a terrorist attack last year. Nonetheless she said there s been a real resurgence. It s not 100 percent bul i would say it s about 60 to 70  51 Boston seniors Hope s of makes emergency Landing fail Reading test won t graduate Boston a fifty one High school seniors who failed a required eighth Grade level Reading lest will be denied diplomas and barred from graduation ceremonies said Boston s school chief. Superintend Cut Laval s. Wilson issued Durban a Calif. A Bob mope s private Jet made an emergency Landing with smoke pouring from a bad engine wednesday but the 83-year-old comedian was not injured and brushed off the incident with a Wisecrack. They could t Jum Slart the engine he said fire engines stood by As the six seat Hawker Jet safely resumed to Burbank Glendale pcs Aciu Airport where it had Laken off for san Diego at noon with Hope and his wife Dolores aboard said publicist Ward Grant. Grant said he  know what was wrong with the engine. The smoke was caused by burning Oil after Pilot Panagiotis Hino Motif idled the engine and returned to the Airport under remaining Power he said. Hope due at a Uso Benefit in san Diego wednesday Alghi was unaware Hal any thing was wrong on descent but Laler joked about the incident Grant said. Mrs. Hope also took a lighthearted View of the problem i guess ignorance is Bliss she said with a smile. I did t know what was going  Al Spanos owner of the san Diego chargers football learn and one of those being honoured at the Uso show sent a plane from san Diego to retrieve Hope and his wife after a two hour delay Grant said. W1oc Tuuu Hullm svw.-.". Action would punish students for the sys tem s failures. The coalition suggested the students be Given conditional diploma. Wilson said those who failed the test 3 000 took it would be offered special help in summer night school in addition to summer Day school classes. Seniors who do Mecl graduation require oils aft june will be invited to participate in the next graduation ceremony for their  Russo Lold the school Cornu tree. He said he also would consider a at wide graduation Al lie end of summer school. Beatlemania creators must pay $10 million los Angeles a a judge ruled wednesday that the creators of the stage show and movie Beull emania violated the musical group s trademarks and must pay 110 million in damages. The damages were awarded 10 Apple corp. Ltd., the firm that protects the rights to the beatles the British group that Dis banded in 1970, Apple in 1979 sued beatlemania inc. And the show s creator Steven Leber saying they had misappropriated the characters of the four beatles John Lennon Paul Mccartney Cinfio Starr and George Harrison for the Playbeallcmania,." Ely Landau who produced a Ballema Nia movie and the firm that made the film were later included in the suit. Superior court judge Paul Breckenridge ordered beatlemania inc. And Leber to pay Apple 15.6 million plus 7 percent interest from september 1979. He ordered the beatlemania movie company and Landau to pay 12 million plus 7 percent interest dating from january 1981. Both the film and stage presentations used the music of the beatles Wilh four actors portraying the musicians. " beatlemania amounted 10 virtually a Complete appropriation of the beatles per Sona without their consent. Breckennedge said in the ruling. Breckennedge said entertainment which is " merely an imitation and does not have a Crea Tive component of its own does not enjoy the Protection of free speech guarantees  
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