| Operations gearing up at Philadelphia International Airport Philadelphia Inquirer Philadelphia International Airport, which curtailed flights for the superstorm, is back in business. At 1 p.m. Tuesday, Delta Air Lines resumed nine flights in and out of Philadelphia. Lufthansa Airlineslanded a 4:30 p.m. jet from Frankfurt, and was ... See all stories on this topic » | ||
| SpaceX Dragon capsule completes first successful Space Station resupply mission Examiner.com A reusable SpaceX Dragon cargo capsule splashed down in the Pacific Ocean off the coast of Baja California on Sunday, October 28, 2012 at 12:22 p.m. PDT, successfully completing the first resupply mission to the International Space Station (ISS) by a ... See all stories on this topic » | ||
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| Hawaiian Airlines' New York Flights Remain Grounded Stockhouse Hawaiian's Flight HA50 is now scheduled to depart from Honolulu International Airport on Wednesday, October 31 at 3:05 p.m., arriving at John F. Kennedy International Airport in New York City at 6:55 a.m. the following day. The return flight HA51 will ... See all stories on this topic » | ||
| Sandy Grounds Northeast Air Travel Businessweek The federal government and the Port Authority of New York and New Jersey closed the area's three main airports (John F. Kennedy International, Newark Liberty, and LaGuardia) on Monday over flooding caused by Hurricane Sandy, and while it's unclear ... See all stories on this topic » | ||
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| Borghetti ups stakes to crowd the airspace The Australian While Joyce and Qantas have been preoccupied with their plans to revitalise the airline's strugglinginternational operations through a global aviation partnership with Emirates Airlines, Borghetti has been quietly working on plans to attack Qantas on ... See all stories on this topic » | ||
| New Tam Airlines flight brings dollars to Orlando Bizjournals.com (blog) Chiozza, who is based in Miami but made the trip to Rio de Janeiro to be on the first Tam Airlinesflight into Orlando International Airport, believes the airline's growth is not just rooted in providing a means of travel for the 500,000 Brazilians who ... See all stories on this topic » | ||
| Airline delays ripple after Sandy Independent Online IOL pic oct31 sandy airlines travel impact. Reuters. Signs at the empty Philadelphia InternationalAirport show cancelled flights caused by superstorm Sandy in Philadelphia, Pennsylvania, on Tuesday. New York - Superstorm Sandy grounded more than 18 ... See all stories on this topic » | ||
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Tuesday, 30 October 2012
Hawaiian Airlines' New York Flights Remain Grounded
TWA Pilot Captain Russell Hazelton, is dead in Piper PA 28 Cherokee with wife Suzanne Hazelton,
Russell Hazelton, 78, whose primary home was in Factoryville, Pa. but who had a secondary home in Town & Country, died early Thursday at SSM DePaul Health Center in Bridgeton, Major Bill Carson, deputy chief of the Maryland Heights Police Department, said.
His wife Suzanne Hazelton, 69, is in critical condition, Carson said.
A retired TWA pilot from Pennsylvania is dead and his wife in critical condition after their small plane crashed and flipped over in Creve Coeur Lake the night of Oct. 24.
Russell Hazelton, 78, whose primary home was in Factoryville, Pa. but who had a secondary home in Town & Country, died early Thursday at SSM DePaul Health Center in Bridgeton, Major Bill Carson, deputy chief of the Maryland Heights Police Department, said.
His wife Suzanne Hazelton, 69, is in critical condition, Carson said.
"The two had flown out of Pennsylvania, stopped in Ohio for fuel, and their destination was Creve Coeur Airport near the park," Carson said.
"The FAA is on scene and awaiting arrival of an National Transportation and Safety Board investigator, and they will conduct a full investigation to determine the cause of the crash," Carson said.
A witness told police she saw the plane overhead and heard the engine sputtering.
"We don't know if the plane was running out of fuel or having engine problems," Carson said.
"To the witness, it appeared as if the pilot was possibly trying to make an emergency landing on the beach and instead touched down on the water, but flipped over and started sinking."
Police officers were called out at 8:40 p.m. to the north side of the lake, near Sailboat Cove.
Police officers found the Piper PA 28 Cherokee single-engine, four-seater airplane upside down about 40 or 50 feet from shore, with most of the plane underwater, Carson said.
After officers were unable to get the door open, six of them were able to drag the plane closer to shore and lift it to get the cockpit out of the water.
They were aided by firefighters, including those from the Maryland Heights and Pattonville fire protection districts, he said.
"A firefighter used a tool to force the door open to get inside the cockpit, where a man and woman were strapped into their seats," Carson said.
Fire district paramedics began resuscitation, after which the pair was taken by ambulance to DePaul Health Center.
"While it was a valiant effort by police and firefighters to get the people out, unfortunately, they likely had been underwater for several minutes," Carson said.
Shekhar Gupta
CEO
Capt. Shekhar Gupta [ Pilot, DIAM, M.Ae.S.I., MAOPA [USA] ]
shekhar@aerosoft.in
Blog : http://shekharaerosoft.blogspot.in/
His wife Suzanne Hazelton, 69, is in critical condition, Carson said.
A retired TWA pilot from Pennsylvania is dead and his wife in critical condition after their small plane crashed and flipped over in Creve Coeur Lake the night of Oct. 24.
Russell Hazelton, 78, whose primary home was in Factoryville, Pa. but who had a secondary home in Town & Country, died early Thursday at SSM DePaul Health Center in Bridgeton, Major Bill Carson, deputy chief of the Maryland Heights Police Department, said.
His wife Suzanne Hazelton, 69, is in critical condition, Carson said.
"The two had flown out of Pennsylvania, stopped in Ohio for fuel, and their destination was Creve Coeur Airport near the park," Carson said.
"The FAA is on scene and awaiting arrival of an National Transportation and Safety Board investigator, and they will conduct a full investigation to determine the cause of the crash," Carson said.
A witness told police she saw the plane overhead and heard the engine sputtering.
"We don't know if the plane was running out of fuel or having engine problems," Carson said.
"To the witness, it appeared as if the pilot was possibly trying to make an emergency landing on the beach and instead touched down on the water, but flipped over and started sinking."
Police officers were called out at 8:40 p.m. to the north side of the lake, near Sailboat Cove.
Police officers found the Piper PA 28 Cherokee single-engine, four-seater airplane upside down about 40 or 50 feet from shore, with most of the plane underwater, Carson said.
After officers were unable to get the door open, six of them were able to drag the plane closer to shore and lift it to get the cockpit out of the water.
They were aided by firefighters, including those from the Maryland Heights and Pattonville fire protection districts, he said.
"A firefighter used a tool to force the door open to get inside the cockpit, where a man and woman were strapped into their seats," Carson said.
Fire district paramedics began resuscitation, after which the pair was taken by ambulance to DePaul Health Center.
"While it was a valiant effort by police and firefighters to get the people out, unfortunately, they likely had been underwater for several minutes," Carson said.
Shekhar Gupta
CEO
Capt. Shekhar Gupta [ Pilot, DIAM, M.Ae.S.I., MAOPA [USA] ]
shekhar@aerosoft.in
Blog : http://shekharaerosoft.blogspot.in/
| Pilot dies after plane crashes in Creve Coeur Lake STLtoday.com Loading… A retired TWA pilot from Pennsylvania is dead and his wife in critical condition after their small plane crashed and flipped over in Creve Coeur Lake the night of Oct. 24. Russell Hazelton, 78, whose primary home was in Factoryville, Pa. but ... See all stories on this topic » | ||
| Plane crash survivor's words live on in book Calgary Herald Archambault is, arguably, the heart of Into the Abyss: How a Deadly Plane Crash Changed the Lives of A Pilot, A Politician, A Criminal And a Cop (Random House Canada, 309 Pages, $29.95). He was the “criminal” of the title and was being taken to Grande ... See all stories on this topic » | ||
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| Commercial plane crashes outside Emmonak San Francisco Chronicle EMMONAK, Alaska (AP) — The pilot of an air taxi spent a night in the cold after a crash landing outside the village of Emmonak (ee-MAHN-nuck), a village at the mouth of the Yukon River 10 miles from the Bering Sea. Alaska State Troopers say a Grant ... See all stories on this topic » | ||
| Plane Crash: Affected farmers request for govt assistance News24 "Last year, when I started, I got 30 bags of maize, 12 bags of beans and 10 bags of guinea corn but this year because of the flood and plane crash, things will be difficult, if government did not assist us. "Apart from the destruction by the plane, the ... See all stories on this topic » | ||
| Man killed in light-plane crash The Australian Police and ambulance officers said the men, aged from 65 to 77, were flying to Bendigo from Melbourne's Mount Evelyn, in a Cessna 172, when the plane crashed after clipping powerlines as it attempted to land at a private airstrip about 1pm. The plane ... See all stories on this topic » | ||
| Bodies ID'd From Byron Plane Crash NBC Bay Area The Contra Costa County Sheriff's Office said deputies raced to a field near the county airport in Byron after a small plane crashed and burned in a field not too far away. Raw Video: Single EnginePlane Crashes... Link; Embed; Email. Copy. Close. Link ... See all stories on this topic » | ||
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| Suntai Flown to Germany AllAfrica.com Taraba State Governor Danbaba Suntai, who sustained serious injuries when his plane crashed, last Thursday at a Yola suburb, was Saturday flown to Germany for medical treatment. The state's Commissioner for Information, Mr. Emmanuel Bello, who ... See all stories on this topic » | ||
| Key Witness In Polish Presidential Plane Crash Found Dead RadioFreeEurope/RadioLiberty A memorial at the site of the 2010 plane crash that killed Polish President Lech Kaczynski and 95 others near the city of Smolensk. (file photo). Tweet. Follow @RFERL. TEXT SIZE - +. By RFE/RL's Russian Service. October 29, 2012. The Warsaw district ... See all stories on this topic » Shekhar Gupta CEO Capt. Shekhar Gupta [ Pilot, DIAM, M.Ae.S.I., MAOPA [USA] ] shekhar@aerosoft.in Blog : http://shekharaerosoft.blogspot.in/ |
Indian Overseas Bank (IOB), which has exposure of Rs 120 crore to cash-strapped Kingfisher Airlines Ltd, non-performing asset (NPA)
Indian Overseas Bank (IOB), which has exposure of Rs 120 crore to cash-strapped Kingfisher Airlines Ltd, non-performing asset (NPA)
Chennai-based public sector lender Indian Overseas Bank (IOB), which has exposure of Rs 120 crore to cash-strapped Kingfisher Airlines, on Monday said the account might become a non-performing asset (NPA) for the bank this quarter. Most lenders to the airline have already classified the account as an NPA.
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A senior bank official said if the account turned into an NPA, the bank would have to provision 15-25 per cent of the amount (Rs 120 crore) this quarter. The bank’s exposure to Kingfisher is in the form of working capital finance. Currently, the lender considers the airline’s account a standard asset, though payments are due.
With exposure of Rs 1,500 crore, State Bank of India is the leader of the 17-bank consortium of lenders to Kingfisher Airlines.
As of September 30, IOB’s gross NPAs stood at Rs 5,930 crore, against Rs 3,898 crore a year earlier. Net NPAs stood at Rs 3,378 crore, compared with Rs 1,505 crore a year ago. Chairman and Managing Director M Narendra said the bank would now focus on recovery. He added in the quarter ended September, domestic fresh slippages stood at Rs 1,600 crore, while international ones stood at Rs 200 crore.
Two years earlier, loans to Kingfisher Airlines were restructured under industry dispensation. However, the airline began to default on payments and in the third and fourth quarters of the previous financial year, these loans turned into NPAs in the books of most of its lenders. As part of a restructuring package, part of the debt (about Rs 750 crore) was converted into equity. In March 2011, Kingfisher issued about 116 million shares (of Rs 10 each) at a price of about Rs 64 per equity share. These had a lock-in period of a year.
However, the airline stock plunged, owing to which banks had to make provisions. On Monday, the Kingfisher Airlines stock closed at Rs 11.75 on the BSE, a rise of 3.07 per cent.
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| Bay Area travelers grounded in anticipation of Hurricane Sandy San Jose Mercury News "American Airlines has already said they aren't moving anything tomorrow on the East Coast." Affected airports include JFK International in New York, Newark Liberty International, Baltimore Washington International, Reagan National and Dulles ... See all stories on this topic » | ||
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| Hurricane Sandy Airlines: Storm Affects Worldwide Travel, Grounds Thousands ... Huffington Post A monitor shows a display board with American Airlines canceled flights to New York on Monday, Oct 29, 2012, in Los Angeles. More than 60 departing flights have been canceled at Los AngelesInternational Airport as a looming superstorm locks down ... See all stories on this topic » | ||
| Seaborne Airlines to Increase Capacity to the USVI Sacramento Bee Starting in February 2013 Seaborne plans to introduce new equipment to the USVI on select flights - - the 34-seat Saab turboprop - - to both Cyril E. King Airport at St. Thomas and Henry RohlsenInternational Airport at St. Croix from Luis Munoz Marin ... See all stories on this topic » | ||
| Hurricane Sandy cancels 74 flights through Indianapolis International Airport Indianapolis Star In addition to the 74 flights canceled today because of Hurricane Sandy, Indianapolis InternationalAirport officials say about two dozen flights have already been canceled for Tuesday. Thirteen outbound flights and 11 inbound flights have been ... See all stories on this topic » |
Kathryn Adams, a Democrat all her 56 years, chokes for a moment as she speaks.
“Life is so much harder now for so many people than it was four years ago,” says Adams, a Methodist campus minister at Youngstown State University in Ohio, describing the struggling families she has served in soup kitchens and the declining collections at the local churches that support her work.
“Too many people are hurting, and it’s time for a change,” she said, in explaining why she plans to vote against Barack Obama, the man she backed for president in 2008.
Even as the darkest days of the recession have passed, times are still tough in Youngstown and surrounding industrial towns along the Mahoning River, a cradle of the steel industry in northeastern Ohio. Boarded-up homes and empty storefronts are common, and many families are stretching shrinking paychecks.
Ohio’s economy is doing better than most states in the U.S. Thus, Mitt Romney’s hopes of winning Ohio, which every successful Republican presidential candidate has done, depend on the uneven nature of a recovery that continues to hit hard some traditionally Democratic areas.
Fewer than a third of the 20,300 jobs that the Youngstown metropolitan area lost during the recession, which ended in June 2009, have been replaced, according to the Bureau of Labor Statistics. In Steubenville, a steel town along the Ohio River 60 miles to the south, unemployment in August was 10 percent.
‘Cleared the Way’
Other parts of Ohio are doing well, with the auto industry’s comeback following the Obama-backed government rescue and a state jobless rate that fell to 7 percent in August. Republican Governor John Kasich, a Romney ally, has celebrated Ohio’s progress.
“We just really kind of cleared the way for people to feel confident that they can invest here,” he said on NBC television’s “Meet the Press” on Oct. 28.
Even in the Mahoning Valley, the unemployment rate has plummeted from 13.3 percent in March 2010 to 7.9 percent in August, close to the national average, according to the BLS. Rarely during the decades-long decline of the region’s steel industry has Youngstown’s jobless rate come close to matching the national average.
Still, the recession and its aftermath struck a lasting blow to the region. Many workers have taken deep pay cuts. Average weekly earnings among private-sector workers in September were down 16 percent compared with five years earlier.
Giving Up
The improving unemployment rate masks the difficulty of finding a job, much less a good one. More people have left the labor force -- either because they moved out of the area or gave up looking for work -- than have found new jobs.
The number of suicide threats, and requests for food aid and utility assistance, climbed in the first nine months of this year from a year earlier at the regional Help Hotline Crisis Center. Christine Shehadi, an emergency room nurse at St. Elizabeth Health Center in Youngstown, said her department treats about two patients a week after suicide attempts, many of them men who have lost their jobs.
Though the region never experienced the run-up in real estate prices that other parts of the country did, more than 16.8 percent of homes in the metropolitan area were worth less than their mortgages as of June 30, according to CoreLogic, a real estate information company based in Santa Ana, California.
Steubenville Suffering
In Steubenville, the economy has shown fewer signs of life. Only about 800 of the 5,600 jobs lost in that metropolitan region since the December 2007 start of the recession had been regained as of September.
Four years ago, Obama barely won Steubenville’s Jefferson County, in the conservative Appalachian region of the state, carrying the county by just 76 votes out of more than 36,000 cast. The economic decline makes the county a greater challenge this year.
Youngstown’s Mahoning Valley is a durable stronghold of organized labor. Mahoning County and neighboring Trumbull County, with less than 4 percent of the state’s population, supplied more than 22 percent of Obama’s victory margin in Ohio four years ago.
The traditional Democratic route to victory in Ohio demands not just a win in northeast Ohio. It calls for a big win.
The travails of workers in the region, however, took a toll on the party’s vote in the 2010 midterm elections.
The combined Democratic victory margin in Mahoning and Trumbull counties in the governor’s race dwindled to 49,786 votes from 92,047 four years earlier and in the U.S. Senate race to 21,307 in 2010 from 80,403 four years earlier. Democrats won both offices in 2006 and lost both in 2010.
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