President Bush’s
First 100 Days:
A Look at How the Special Interests Have Fared
Transportation
Two months after Northwest Airlines wrote a $69,750 check to help offset
inauguration costs, President Bush signed an executive
order that prevented the airline’s mechanics from walking off
the job, becoming only the second president since the Nixon administration
to block an airline strike. (President Clinton ordered pilots at American
Airlines back to work in 1997, minutes after their strike began.) With
additional
strikes possible this summer at the nation’s four major airlines,
Bush announced at the time that he would take "the necessary steps"
to block those walkouts, too—the first time any president had made
such a bold declaration regarding the transportation industry.
Not surprisingly, Bush’s tough guy stance didn’t win him any
friends among the air
transport unions, which gave almost all their political money to the
Democrats. But the president became an instant hero in the airline
industry, which anted up more than $6.9 million in soft money, PAC
and individual contributions during 1999-2000. Bush was the top single
recipient of that money, with more than $180,000 in contributions—not
surprising since one of the industry’s best known CEOs was one of
his top fund-raisers.
Last January, Donald Carty, chairman of American Airlines, personally
delivered a $100,000 check from the company to the Bush-Cheney
Inaugural Fund. The Texas-based airline currently is the subject of
an antitrust suit brought against it in 1999 by the Justice Department,
a suit that is scheduled to head to court in May. American also is trying
to finalize its merger with TWA, the subject of an anticipated strike
by American’s mechanics this summer.
Source: Center
for Responsive Politics
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Congress passed a $15 billion aid package after the Sept. 11
attacks — $5 billion in cash and $10 billion in loan guarantees.
Source: Associated
Press
Delta Chairman and Chief Executive Officer Leo F. Mullin
paid a salary of $795,000 and a bonus of $1.4 million in 2002, compared
with a salary of $596,250 and no bonus in 2001.
Source: Triangle
Business Journal
Delta CEO Apologizes for Pay - The airline's top executive
said he'd been insensitive to concerns about his pay package in the face
of Delta layoffs and contract concessions.
Source: Baseline
A bankruptcy judge allowed United Airlines to go ahead
Friday with its multimillion-dollar compensation package for CEO Glenn
Tilton despite acknowledging that the timing may send a questionable message
to employees. Source: Associated
Press
Judge
orders union pay cut at United
American
Airlines - Pilots' pay: Would be cut 23 percent
on May 1, with smaller, 17 percent reductions, taking effect next year.
Management pay: Salary reductions of 4 percent to 17 percent.
Federal judge nixes a Justice Department anti-trust case
against American Airlines, and the Bush Administration isn't likely to
appeal Source: Time
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