AEI DISTRIBUTION CENTER
OPENS IN MIAMI
DARIEN, Conn. - Air Express International said it has opened an additional distributional center in Miami to cater to the growing logistics needs of its customers doing business in south Florida and Latin America.
The new 21,600-square-foot facility, located next to Miami International Airport, will be used for product receiving, warehousing and freight forwarding. It supplements a 76,500-square-foot facility opened in 1990 that houses the forwarder's air and ocean operations.
Walter Monasterio, AEI's district and distribution center manager, noted that a growing number of its existing customers have been requesting price and service quotes for distribution warehousing. "We have found the perfect opportunity to service them," he said.
VIRGIN PAYS DEPOSIT
FOR SIX 777 PLANES
LONDON - Virgin Atlantic Airways said Friday it had paid a deposit and made a reservation of production time for up to six Boeing 777 wide-body passenger planes, but it had not decided yet whether to order.
The Boeing 777 planes would cost up to $800 million and would be for delivery in 1997 and 1998. Virgin's deposit was worth about $1 million per plane.
"We have paid a deposit, but we will not make any decision about firm orders or even options until we have seen the actual performance of the plane," said Will Whitehorn, spokesman for Virgin.
Mr. Whitehorn said Virgin Atlantic managing director Roy Gardner was in Seattle to attend to the 777 roll-out and take delivery of the first of Virgin's Boeing 747-400 planes.
COURT DECLINES TO HEAR
DERAILMENT CASE APPEAL
COLUMBUS, Ohio - The Ohio Supreme Court on Friday refused to hear a railroad's appeal to keep money left over from a $16 million settlement in a 1986 derailment in Miamisburg.
More than 30,000 people fled their homes for up to five days when the train, bearing toxic phosphorus chemicals, derailed and caught fire.
In November 1990, CSX Transportation Corp. agreed to the settlement. But not all of the $16 million was distributed to residents, and the railroad asked Montgomery County Common Pleas Judge John Kessler to allow it to keep the rest.
The amount leftover was not immediately available.
Lawyers for the residents argued they had distributed the money conservatively and that the railroad should give the entire amount.
Mr. Kessler agreed with the residents. CSX appealed to Ohio's 2nd District Court of Appeals in Dayton, which upheld Mr. Kessler's decision.
The Supreme Court voted 5-1 against hearing the appeal.
TWO NEW AIRCRAFT
DUBAI, United Arab Emirates - Emirates, the international airline of the United Arab Emirates, announced that it is acquiring two new Airbuses to augment its existing fleet and meet the demand for more capacity.
CARGOLUX TO BEGIN
WEEKLY HOUSTON SERVICE
Cargolux Airlines International SA said it will begin a weekly 747 freighter service between Luxembourg and Houston on April 20.
The carrier, the first to operate the new Boeing 747-400 aircraft, also operates regular freighter flights to Los Angeles, San Francisco and Seattle.
EU FINANCE MINISTERS
BACK HIGH-SPEED RAIL
ATHENS, Greece - European Union finance ministers backed construction of new high-speed rail and road systems linking Western and Eastern Europe as part of plans to create millions of new jobs.
German Finance Minister Theo Waigel said Friday the ministers approved a high-speed train network that would run east from France across Germany and on to Warsaw, Poland. A second link would begin in Milan, Italy, and run north across the Alpine Brenner Pass into Austria, across Germany and on to Warsaw.
They also endorsed a new highway that would cut across Greece from the southwestern city of Patras, to the Bulgarian border, and a second one that would run from Greece's northwestern corner to its northeastern one at the Turkish border.