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Subject: AIRLINES
Date: Sat, 7 Nov 92 09:20:14 EST
Message-ID: <money122.1992Nov7.092014@AmeriCast.com>

HEADLINE: AIRLINES
Publication Date: Friday November 6, 1992
BYLINE: 

U.S. Questions British Airways-USAir Deal: The proposal by British
Airways to buy a $750-million share of USAir raises questions of whether
the sixth-largest U.S. airline would continue under the control of
American citizens, the Transportation Department said. The department
said the proposed deal, under which British Airways would acquire 44% of
USAir's common stock and a 21% voting interest, would result in changes
in USAir's operations, financial structure and management. The department
set Dec. 11 as a final comment deadline. Transportation Secretary Andrew
H. Card Jr. said he plans to make a decision on the matter by Dec. 24.

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