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Page 4/The Battalion/Thursday, February 11,1988
Executive reports majors
in business, law helpful
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By Tracey Streater
Reporter
Mr. Charles Pfaff, executive vice
president of American Airlines,
stressed the favorable future of law
and business majors Wednesday in a
speech on international business in
120 Blocker.
“About three-quarters of all peo
ple that we hire out of business
school have a financial background,”
Pfaffsaid.
“The financial analyst, at entry
level, is going to work at virtually ev
ery project having to do with the
company and is going to learn a lot
about that company in the process of
doing so,” he said.
Pfaff, who has a business degree
from Michigan State University and
a law degree from Boston University
School of Law, pointed out that the
executives in the Fortune 500
usually show' a consensus in their in
dividual fields of study.
The chairmen of the companies in
the Fortune 500 sw'itch every few
vears betw'een marketing, law, and
finance majors, he said.
Growth of the industry, which is
mainly in the international market,
makes these degrees especially desir
able.
“The international department
that Fm involved with currently has
about 800 employees,” Pfaff said.
“By the end of this year, we have
budgeted and approved funds for
about 1146, so we are going from
less than 900 (employees) to more
than 1100 this year.”
The financial area of the airline
industry is the same as in most busi
nesses, he said.
“You are looking at the typical
slaves of any forecast, and that is cost
and revenue,” Pfaff said.
They have to consider costs of
starting a new route, aircraft, reser
vations equipment, computer sys
tems and ground equipment among
others, he said.
The traffic forecast is based on
(he basic supply-and-demand con
cept, Pfaff said.
Where people are traveling, up
coming events (such as the Olin.
pics), and developing trends in vatj
tioning and business all art
considered when making flitli!
sc hedules, he said. •
In the airline business, whichf
constantly plagued by anti-trust In
suits, a law degree is also verybenel-
cial, Pfaff said.
Not only does it bring clout totkj
executive, it helps him in busiot;
dealings as well, he said.
American Airlines, earning mottl
in the last five years than all th
other major airlines combined,!
also the fastest growing in the Wild
try, Pfaff said.
They are currently adding anti
plane to their fleet every four ait
one-half business days and the
should have 570 aircraft bytheencl
of the year, he said.
The largest airline in the wodil
\n < rit .m w ill f ocus most of its es l
pansion on the international market I
Pfaf f said. Much of that will beiht|
addition of direct routes to 1
Kong, Seoul, Taipei and China,lei
said.
Black history fundamental to
understanding African strife
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By Kimberly Motley
Reporter
To understand the struggle for
black liberation in Africa, people
must first understand the role of
black history, according to a panel
addressing the plight of blacks.
A seminar w'as held Wednesday
night in Rudder Tower in commem
oration of Black History Month.
Two Texas A&M University profes
sors and a member of the African
National Congress addressed the is
sue from three angles: the Afro-
American views of black Africans,
pre-colonialism in Africa, and the
current situation in South Africa.
Dr. Albert Broussard, from the
Department of History, said prior to
World War II black Americans
viewed black Africans as backwards
and uncivilized. He said even now
Africa is referred to as the Dark
Continent.
“A turning point came in f945
with the civil rights movement,”
Broussard said. “Black members of
the press and black organizations be
came more interested in black liber
ation. They began to associate the
Africans’ oppression with their own
struggle for equality in America.”
Broussard said as more countries
such as Nigeria and Kenya gained
freedom, black Americans began to
argue they had an obligation to help
the Africans with their struggle.
Black American leaders began trav
eling to Africa and contributing to
the growth and development of the
struggling nations, he said.
Dr. Larry Yarak, a professor from
the history department, further ex
plained Afro-American stereotypes.
“The mental domination can be
seen through the images of poverty,
starvation, war and political unrest.”
Yarak said, “which are common ste
reotypes held by Americans.”
The images of barbarians and sav
ages are what 1 call the Tarzan syn
drome.”
Yarak went on to explain early re
lations between the Europeans and
Africans. He said they traded with
each other equally and commu
nicated diplomatically as friends.
“Before the 1800s racism was not
characterized by the images held in
the 19th and 20th centuries,” he
said.
“Southern Americans developed
the idea of African barbary to de
fend themselye^ from die abolition
ists by explaining they were doing
the Africans a favor,” Yarak said.
“Then those racist myths served as
justification for the Europeans’ own
conquest of Africa. It was easier for
them to slaughter Africans with ma
chine guns if they considered them a
lower race.”
Yarak said it is difficult to break
the European mode of thinking, be
cause the stereotypes are strong.I
Also, he said, because blacks*:!I
work for little pay, international to: I
potations continue to infiltrate anil I
economically exploit the continffl j
and its people.
A last-minute speaker and a mer: I
her of the ANC, explained the situ; I
tion in South Africa.
“Apartheid is a separation," It I
said, “a system where whites feel in I
their duty to oppress the black Afn I
cans. Exploiting the cheap labor re I
suits in super profits‘which is win I
appeals to international corporal
lions.”
Whites in Africa feel they areal
chosen people and detain blacks iii I
definitely without any charges, keI
said. |
“The purpose of detainment islo I
disgrace and humiliate the black.I
which is sometimes done by <;!eariiI
shock applied to the genitals',” leI
said. “Trie detainment often resulis"
in execution.
“The young people continue lo
resist which is the best testimony of
hope for liberation,” the ANCim
bersaid.
Broussard said the lesson is clear.
“In order to bring about change
to an oppressive regime, we musi
continue to lobby and protest as
much as possible.”
City takes steps
to regain losses
from historic site
American Heart Association
E N E F I T
SAL E
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THURSDAY, FRIDAY, SATURDAY ONLY
10 AM - 10 PM
SUPER DEALS
MENS
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SHORTS VALUES TO 45 00
SELECT TROUSERS
JAMS VALUES TO 32 50
POLO SWEATER AS LOW AS 47 88
POLO RUGBY SHIRTS 59 88
SHIRTS AS LOW AS 9 £
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LADIES
SELECT GROUP BLOUSES
SELECT GROUP SLACKS
LARGE GROUP ACCESSORIES
DRESSES VALUES TO AS $350 LOW AS
KNIT TOPS SKIRTS UP TO
SWEATERS, SKIRTS, BLOUSES, UP TO
(INCLUDING RALPH LAUREN, BAREK, AND JAYSON YOUnger)
4 88
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70% Off
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FORI’ WORTH (AP) — City offi
cials have approved initiating legal
action to recoup overdue rent or
take control of the historic Cowtown
Coliseum from the financially trou
bled investor group Stockyards 85.
Stockyards 85 is $30,000 behind
in rent on the city-owned facility,
said to be the site of the first indoor
rodeo.
“The city is taking legal steps that
could force the investors to catch up
on overdue payments or relinquish
control of the arena,” said City At
torney Wade Atkins after a closed-
door session Tuesday with the Fort
Worth City Council.
At least one cancel member said
he favors canceling the lease if the
three months in back rent is not paid
within 90 days.
“I think any lease that is in arrears
should be handled like any other,”
said Councilman Russell Lancaster.
“Pay up or get out.”
Atkins said the City Council de
cided to take the required steps be
fore the city could file a lawsuit or
retake possession of the coliseum.
Those steps include giving the in
vestors notice that they have de
faulted on the lease by not paying
the $ 10,000-a-month rent for three
months on the 2,500-seat sports fa
cility.
According to the lease, the city
can take over after one month if rent
is not paid, said David Yett, an assis
tant city attorney.
Non-payment of the rent is the
latest setback for the Stockyards 85
group, which had planned to make
the turn-of-the-century Stockyards a
Western-theme tourist spot.
In January, the popular Billy
Bob’s Texas nightclub closed. Last
week, creditors posted notice that if
overdue bills are hot paid, they will
foreclose on the defunct nightclub
and other Stockyards 85 property.
Stockyards 85 is in the midst of re
organization and owes $119,977 in
personal property and real estate
taxes for 1986 and 1987 to the city
and school district, City Finance Di
rector Judson Bailiff said Tuesday.
• Stockyards 85 has said that it
spent $1.5 million on the, arena and
nearby Rodeo Plaza.
Aircraft flies
without pilot
after refuel
FEXARKANA, Ark. (AP)-A
single-engine Cessna took off
from the Texarkana Regional
Airport wit hout a pilot on Tues
day.
Pilot Donald Warnke of Dallas,
who had stopped to refuel, was
spinning the plane’s propeller 10
restart it when the aircraft took
off unmanned, fire officials said,
The Cessna 183 R.G., owned
by William Klein of Dallas, lum
bered about 250 yards througha
field of weeds between an air
plane fuel station and the Airport
Industrial Park, authorities said.
The aircraft sheared a wingon
a pine tree, cut through a barbed-
wire fence, rolled down a slope
and slammed to a halt. Authori
ties said two wheels broke off in
the field, and the torn wing was
tangled in a tree.
No one was injured, but the
plane sustained heavy damage
and about 75 feet of barbed wire
was torn down, said Texarkana
Fire Chief Mike Hughes.
Warnke told fire officials the
aircraft was switched off and the
parking brakes were set w'henthe
plane lurched down the runway
THIS SALE WILL BE CONDUCTED AT
POST OAK VILLAGE
Sponsored by shellenberger's
Benefiting the American Heart Association
Cash, Check, MC, Visa, Amer. Ex. only All Sales Final
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