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Texas Air Corporation
Texas Air Corporation, also known as Texas Air, was an airline holding company, incorporated in June 1980 by airline investor Frank Lorenzo to hold and invest in airlines. The company had its headquarters in the America Tower in the American General Center in Neartown Houston, Texas. History The company initially acted as a holding company for Texas International Airlines, which Lorenzo owned through his investment firm Jet Capital. Shortly after its formation, Texas Air founded New York Air, a low-cost carrier in the US Northeast. In 1981, Texas Air acquired Continental Airlines through a hostile takeover bid, and subsequently merged Continental with Texas International, retaining the Continental brand. In 1986, Texas Air acquired both Eastern Air Lines and People Express Airlines, including the assets of People Express's bankrupt subsidiary, Frontier Airlines. In 1987, Texas Air consolidated its airline holdings by merging Frontier, New York Air and People Express into Con ...
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Houston, Texas
Houston (; ) is the most populous city in Texas, the most populous city in the Southern United States, the fourth-most populous city in the United States, and the sixth-most populous city in North America, with a population of 2,304,580 in 2020. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat and largest city of Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after Dallas–Fort Worth. Houston is the southeast anchor of the greater megaregion known as the Texas Triangle. Comprising a land area of , Houston is the ninth-most expansive city in the United States (including consolidated city-counties). It is the largest city in the United States by total area whose government is not consolidated with a county, parish, or borough. Though primarily in Harris County, small portions of the ...
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Union Busting
Union busting is a range of activities undertaken to disrupt or prevent the formation of trade unions or their attempts to grow their membership in a workplace. Union busting tactics can refer to both legal and illegal activities, and can range anywhere from subtle to violent. Labor laws differ greatly from country to country in both level and type of regulations in respect to their protection of unions, their organizing activities, as well as other aspects. These laws can affect topics such as posting notices, organizing on or off employer property, solicitations, card signing, union dues, picketing, work stoppages, striking and strikebreaking, lockouts, termination of employment, permanent replacements, automatic recognition, derecognition, ballot elections, and employer-controlled trade unions. Article 23 of the Universal Declaration of Human Rights (UDHR) declares that everyone has a right to form and/or join a trade union. The provision is, however, not legally bindi ...
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Britt Airways
Britt Airways was a United States airline established as Vercoa Air Service in 1964 and renamed to Britt Airlines when it was purchased by William and Marilyn Britt in 1975 later on ''Britt Airways''. It was based in Terre Haute, Indiana until 1996 . It began as a commuter airline. It primarily operated turboprop aircraft but also flew British Aircraft Corporation BAC One-Eleven twinjets as an independent air carrier at one point as well. The airline evolved into a regional air carrier operating code share flights primarily for Continental Airlines. History In 1971 Britt Airways purchased a small fleet of Beechcraft 99 light turboprop airliners and by late 1975 these were operated under contract as Allegheny Commuter flights on behalf of Allegheny Airlines. According to the October 29, 1978 Britt Airways system timetable, commuter flights for Allegheny were operated by Britt from the airline's small hub located at Chicago O'Hare Airport (ORD) with service to Bloomington, IN, ...
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Bar Harbor Airlines
Bar Harbor Airlines was a United States commuter airline headquartered at Bar Harbor Airport in Trenton, Maine, and later in Houston, Texas. History The company was founded by brothers Thomas and Joseph Caruso, as Bar Harbor Airways. They began flying charters and scenic flights from the Bar Harbor town dock. By 1950, they had established a base of operations at the Hancock County-Bar Harbor Airport. Operating as Bar Harbor Airways, the company started scheduled commuter flights in 1968, initially offering only flights to Bangor International Airport with jointly-marketed direct connections provided to Northeast Airlines flights to Boston Logan Airport and beyond. The collaboration with Northeast Airlines did not last long and direct flights from Bar Harbor to Boston were soon initiated to replace the connecting flights operated via Bangor. The Boston route proved popular and in 1972, now operating as Bar Harbor Airlines, the airline expanded its route system to five ai ...
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Airbus A300B4-203, Eastern Air Lines AN0207526
Airbus SE (; ; ; ) is a European multinational aerospace corporation. Airbus designs, manufactures and sells civil and military aerospace products worldwide and manufactures aircraft throughout the world. The company has three divisions: '' Commercial Aircraft (Airbus S.A.S.)'', '' Defence and Space'', and ''Helicopters'', the third being the largest in its industry in terms of revenues and turbine helicopter deliveries. As of 2019, Airbus is the world's largest airliner manufacturer. The company's main civil aeroplane business is conducted through the French company Airbus S.A.S., based in Blagnac, a suburb of Toulouse, with production and manufacturing facilities mostly in the European Union and the United Kingdom but also in China, the United States and Canada. Final assembly production is based in Toulouse, France; Hamburg, Germany; Seville, Spain; Tianjin, China; Mobile, United States; and Montreal, Canada. The company produces and markets the first commercially viable ...
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Continental Airlines Douglas DC-9-14 Silagi-1
Continental may refer to: Places * Continent, the major landmasses of Earth * Continental, Arizona, a small community in Pima County, Arizona, US * Continental, Ohio, a small town in Putnam County, US Arts and entertainment * ''Continental'' (album), an album by Saint Etienne * Continental (card game), a rummy-style card game * ''Continental'' (film), a 2013 film * Continental Singers, a Christian music organization Companies * Continental AG, a German automotive parts and technologies manufacturer * Continental Airlines, a former American airline * Continental Electronics, an American radio transmitter manufacturer * Continental Films, a German-controlled French film company during the Nazi occupation of France * Continental Illinois, a defunct large bank * Continental Mortgage and Loan Company (later known as Continental, Inc.), the former name of HomeStreet Bank * Continental Motors, Inc., a Chinese manufacturer of aircraft engines * Continental Records, a former American ...
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Air Canada
Air Canada is the flag carrier and the largest airline of Canada by the size and passengers carried. Air Canada maintains its headquarters in the borough of Saint-Laurent, Montreal, Quebec. The airline, founded in 1937, provides scheduled and charter air transport for passengers and cargo to 222 destinations worldwide. It is a founding member of the Star Alliance. Air Canada's major hubs are at Montréal–Trudeau International Airport (YUL), Toronto Pearson International Airport (YYZ), Calgary International Airport (YYC), and Vancouver International Airport (YVR). The airline's regional service is Air Canada Express. Canada's national airline originated from the Canadian federal government's 1936 creation of Trans-Canada Air Lines ( TCA), which began operating its first transcontinental flight routes in 1938. In 1965, TCA was renamed Air Canada following government approval. After the deregulation of the Canadian airline market in the 1980s, the airline was privatized in 198 ...
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Scandinavian Airlines
Scandinavian Airlines, more commonly known and styled as SAS, is the flag carrier of Denmark, Norway, and Sweden. ''SAS'' is an abbreviation of the company's full name, Scandinavian Airlines System or legally Scandinavian Airlines System Denmark-Norway-Sweden. Part of the SAS Group and headquartered at the SAS Frösundavik Office Building in Solna, Sweden, the airline operates 180 aircraft to 90 destinations (as of December 2019). The airline's main hub is at Copenhagen-Kastrup Airport, with connections to 109 destinations around the world. Stockholm Arlanda Airport (with 106 destinations) is the second largest hub, with Oslo Airport, Gardermoen being the third major hub of SAS. Minor hubs also exist at Bergen Airport, Flesland, Göteborg Landvetter Airport, Stavanger Airport, Sola, and Trondheim Airport, Værnes. SAS Cargo is an independent, wholly owned subsidiary of Scandinavian Airlines and its main office is at Copenhagen Airport. In 2017, SAS carried 28.6 million passenge ...
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Debt
Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase. The debt may be owed by sovereign state or country, local government, company, or an individual. Commercial debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest. Loans, bonds, notes, and mortgages are all types of debt. In financial accounting, debt is a type of financial transaction, as distinct from equity. The term can also be used metaphorically to cover moral obligations and other interactions not based on a monetary value. For example, in Western cultures, a person who has been helped by a second person is sometimes said to owe a "debt of gratitude" to the second person. Etymology The English term "debt" was first used in the late 13th century. The term "debt" comes ...
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Valuation (finance)
In finance, valuation is the process of determining the present value (PV) of an asset. In a business context, it is often the hypothetical price that a third party would pay for a given asset. Valuations can be done on assets (for example, investments in marketable securities such as companies' shares and related rights, business enterprises, or intangible assets such as patents, data and trademarks) or on liabilities (e.g., bonds issued by a company). Valuations are needed for many reasons such as investment analysis, capital budgeting, merger and acquisition transactions, financial reporting, taxable events to determine the proper tax liability. Valuation overview Common terms for the value of an asset or liability are market value, fair value, and Intrinsic value (finance), intrinsic value. The meanings of these terms differ. For instance, when an analyst believes a stock's intrinsic value is greater (or less) than its market price, an analyst makes a "buy" (or "sell") reco ...
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Aeroflot
PJSC AeroflotRussian Airlines (russian: ПАО "Аэрофло́т — Росси́йские авиали́нии", ), commonly known as Aeroflot ( or ; russian: Аэрофлот, , ), is the flag carrier and the largest airline of Russia. The airline was founded in 1923, making Aeroflot one of the oldest active airlines in the world. Aeroflot is headquartered in the Central Administrative Okrug, Moscow, with its hub being Sheremetyevo International Airport. Before the 2022 Russian invasion of Ukraine, the airline flew to 146 destinations in 52 countries, excluding codeshared services. The number of destinations was significantly reduced after many countries banned Russian aircraft; as of 8 March 2022, Aeroflot flies only to destinations in Russia and Belarus. From its inception to the early 1990s, Aeroflot was the flag carrier and a state-owned enterprise of the Soviet Union (USSR). During this time, Aeroflot grew its fleet to over five thousand domestically made aircraft a ...
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Soviet Union
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen national republics; in practice, both its government and its economy were highly centralized until its final years. It was a one-party state governed by the Communist Party of the Soviet Union, with the city of Moscow serving as its capital as well as that of its largest and most populous republic: the Russian SFSR. Other major cities included Leningrad (Russian SFSR), Kiev (Ukrainian SSR), Minsk ( Byelorussian SSR), Tashkent (Uzbek SSR), Alma-Ata (Kazakh SSR), and Novosibirsk (Russian SFSR). It was the largest country in the world, covering over and spanning eleven time zones. The country's roots lay in the October Revolution of 1917, when the Bolsheviks, under the leadership of Vladimir Lenin, overthrew the Russian Provisional Government ...
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