Officer to Push Proxies
For Emery Air BoardNEW YORK - Arthur C. Bass, a president of Federal Express Corp., says he will solicit proxies in an effort to place four members on Emery Air Freight Corp.'s 12-member board.
In a prepared statement, Mr. Bass says he will notify the Securities and Exchange Commission of his intention. On Monday, he could not be reached for comment.
Mr. Bass has the backing of Towers Financial Corp., a New York-based
financial services company that holds less than 5 percent of Emery's outstanding shares.
Four Emery directors will stand for election May 14 at the company's annual meeting.
Financially-troubled Emery, based in Wilton, Conn., this year has strived to reduce the high debt it incured when acquiring Purolator Courier Co. last September in an effort to return to profitability.
New Courier Service
To Link London, Paris
LONDON - A courier and small express parcels service is to be offered from the new London City Airport in east London to Paris Charles de Gaulle from March 28.
Brymon Airways, one of the two British airlines using the airport, is offering the door-to-door service in conjunction with freight forwarder Westair.
Following agreement with British customs authorities the two are able to offer a 90-minute check-in for freight at a specially built transit shed at the entrance to the airport.
Goods from France will be checked in with Air France.
On March 28 Brymon also is increasing the number of its return de Havilland Dash-7 flights between London City and Charles de Gaulle from six a day to seven.
Tapes From Jet Crash
Won't Be Made Public
JOHANNESBURG, South Africa - The government said it would not release a recording of the conversation between the Mauritian control tower and a South African Airways jet that crashed Nov. 28, killing all 159 people aboard.
The announcement came from Cecil Margo, a Supreme Court justice and head of an international board that is investigating the crash.
The Boeing 747, on a flight from Taipei, Taiwan, to Johannesburg, went down in the Indian Ocean minutes before it was to refuel in Mauritius. Reports then quoted Mauritian officials as saying the pilot reported fire or smoke in the cockpit.
Mr. Margo said although the recording is the property of the Mauritian Civil Aviation Administration, it was in South African custody. He said the tape is indistinct at times and experts disagree what was said, so no official transcript or sound from the recording would be publicly released.
American Airlines posted a 16.8 percent gain in freight ton-miles in February to 32.9 million from 28.1 million. Mail ton-miles jumped 35.1 percent to 12.8 million from 9.5 million.
The Dallas/Fort Worth, Texas-based carrier reported a 25.7 percent increase in passenger traffic in February, flying a record 4.61 billion revenue passenger-miles, compared with 3.66 billion RPMs a year earlier. American's load factor rose 1.6 points to 61.8 percent from 60.2 percent.
During the first two months of 1988, American's freight ton-miles increased 15.8 percent to 62.1 million from 53.6 million. Mail ton-miles rose 32.9 percent to 26.4 million from 19.8 million.
In the same period, RPMs rose 23 percent to 9.2 billion from 7.48 billion in the corresponding period of 1987 while load factor went up 1.1 points to 60 percent from 58.9 percent.
KLM Royal Dutch Airlines flew 102 million freight ton-miles in February. This compares with 92.3 million FTMs the Dutch carrier flew in February 1987.
KLM said revenue passenger- miles increased to 97.8 million from 82.4 million a year ago. The load factor increased to 69.7 percent from 66 percent a year ago.
For the 11 months ended Feb. 29, KLM flew 1.1 billion FTMs, compared to 981.9 million FTMs in the same period a year earlier.
KLM said RPMs for the most recent 11 months totaled 1.3 billion, compared with 1.1 billion for the year-earlier period, while the load factor rose to 70.1 percent from 66.6 percent
Officer to Push Proxies