Tagged: transportation

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Ferries
11:46 am
Mon July 16, 2012

White Castle ferry may shut down permanently

The ferry that carries passengers across the Mississippi from White Castle to Carville ferry has been temporarily docked since June due to a mechanical malfunction, but state transportation officials say it will be shut down permanently by year's end to save $800,000 annually.

It is a plan that U.S. Rep. Cedric Richmond hopes the state will reconsider. Richmond has asked Gov. Bobby Jindal to reconsider his proposal to shut down the White Castle and Reserve-Edgard ferries.

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Business
2:29 am
Mon July 16, 2012

In Bankruptcy, American Airlines Looks At All Options

Credit Matt Rourke / AP
Will American emerge from bankruptcy as a stand-alone airline, or will it merge with US Airways? An American spokesman says it's considering all options.

Originally published on Tue July 17, 2012 6:30 am

Imagine going into bankruptcy with billions of dollars in cash still in your bank account. That's what American Airlines did last November. The thinking was that management would gut the company's pensions and union contracts and emerge from bankruptcy ready to compete.

But then US Airways said it could take over American and be profitable, and it wouldn't have to hurt American's employees nearly as bad in the process. American's pilots, mechanics and flight attendants loved that idea.

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