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Sat 8-3
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College Station
next to Univ. Bookstore
Walkins welcome
(Jour Spteial
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Post Oak Square
1300 Harvey Rd.
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FORT WORTH (AP) — Massive
layoffs within the troubled tilt-rotor
aircraft program of Bell Helicopter
Textron Inc. may come as early as
Monday unless more federal money
is forthcoming, according to a pub
lished report.
The Fort Worth Star-Telegram,
quoting sources who spoke on condi
tions of anonymity, said Bell is now
caught in a financing squeeze. The
company earlier warned up to 2,000
workers on the V-22 Osprey project
could lose their jobs.
Sources told the newspaper the
first cuts could begin as early as
Monday. The sources estimated as
many as 2,000 Bell employees could
lose their jobs over the following 60
days.
United Auto Workers Local 218’s
president said he understood financ
ing was the major problem but that
he was not informed of the decision
to begin layoffs.
“Evidently, the (federal) funding
is very interim so they’re going to
have to decide on somebody to foot
the bill,” J.J. Birchard, the local’s
president, said.
letters at company facilities in Fort
Worth, warning of the possible lay
offs. The letters were similar to
those mailed last week to Bell work
ers in anticipation of Defense Secre
tary Dick Cheney’s decision to cancel
the $40 billion Navy tilt-rotor pro
gram .
The secretary announced April
25 in Washington that all funds for
the Osprey project would be cut
from the federal defense budget in
the 1990 fiscal year, which begins
Oct. 1.
Congressional supporters vowed
to restore funding for the program.
Navy officials apparently decided to
let the project continue with money
vives in Congress.
Currently, Bell and Boeing Heli
copter Co. are developing the V-22
under a $1.8 billion Navy contract.
Adventures in Cartooning
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Union, American reach new contract agreement
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DALLAS (AP), — American Airlines and the
Transport Workers Union reached agreement in
principle Tuesday on a contract for the compa
ny’s 23,000 ground service workers after 2 1 /2
weeks of mediation.
Details of the contract were not released pen
ding agreement on final language and a vote by
the membership,
A company news release said the agreement
was reached after 27 hours of continuous bar
gaining. The release said American Vice Presi
dent Charles Pasciuto and TWU international
vice president John Kerrigan “said the
agreement benefits both the company and the
union and will enable American to continue the
growth plan that has made the airline an industry
leader.”
The mediation was requested after union
members turned down American’s $610 million
offer 12,143-to-5,140.
The offer included raises of as much as 99 per
cent for some workers, but union leaders had ob
jected to a two-tier wage scale under which it
takes new hires as long as 12 years to reach top
pay. The union had sought to reduce that to
about five years. The union also objected to pro
visions which would have employees contribute
to the company health plan for the first time.
Airline officials complained that the contract
was a victim of union politics because several lo
cals were in the midst of election campaigns and
candidates used the contract as an issue.
Ed Koziatek, the union’s international vice
president for American, just last week had ex
pressed doubts that the mediation would lead to
a contract.
The four-year pact became amendable on
March 1. Under federal law, airline contracts do
not expire. If the two sides cannot reach
agreement, a mediator is called in to spark nego
tiations; if the mediator declares an impasse in
the talks, there is then a 30-day cooling off pe
riod.
A strike can be called only after that period ex
pires.
The TWU represents about 23,000 of Ameri
can’s 67,000 employees. Its members include the
airline’s mechanics, bag handlers, ground crews,
stock clerks, guards, meteorologists and aircraft
cleaners.
Also Tuesday, American’s parent compaa)
AMR Corp., confirmed it is on the verge ofm
dering about 100 new commuter aircraft i»
“several hundred million dollar deal.
The aircraft, seating between 30 and 40 pas
pie, will be used for the company’s AMU Ea®
Inc. subsidiary that feeds some of its major hubs,
Published reports have said the company
leaning toward Swedish manufacture Saab, a!
though others mentioned as possible si
include Boeing Canada-DeHavilland Divisioi
based near Toronto, and ATR, a joint Freud
Italian company.
Fort Worth-based American is coining oil ^
most profitable year ever, during which it I
came the nation’s largest carrier. AMR pos^
1988 net income of $476.8 million, a 140.3 pff
cent increase from 1987 and 37.9 percent higlsj
than the previous record of $345.8 niilhoi
1985.
The company also reported first quarter
its of $101 million, a 47.7 percent jump
1988’s first three months.
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CONGRATULATIONS,
SENIORS!
Thanks for again making Loupot’s your used book
headquarters. You’re our Number One Asset. For
more than 50 years our business has been built on
Aggies telling Aggies about the good service
they’ve received from OF Army Lou.
Remember if you have a friend, brother or sister coming to A&M this fall
for the first time, we”ll give you a coupon for them to get a FREE Aggie T-
shirt when they come down!
’BLOUPOT'S’K
Lou has bought over 2000 books in
the past 2 years that he needs to sell.
You can buy these old editions for
your reference for 10c on the $.
Northgate Redmond Terrace Southgate