TRANSPORT BRIEFS

TRANSPORT BRIEFS

CARD IS SWORN IN

AS DOT SECRETARY

WASHINGTON - Andrew H. Card Jr. was formally sworn in Wednesday as the nation's 11th secretary of transportation.

With President Bush in attendance, Mr. Card was sworn in by Supreme Court Associate Justice Clarence Thomas. Mr. Card succeeded Samuel K. Skinner, who became White House chief of staff in December.

Mr. Card, who was confirmed by the Senate in February, has been on the job at the DOT for several weeks.

DELTA OFFERS MILLIONS

IN DEBENTURES, NOTES

NEW YORK - Delta Air Lines on Wednesday offered $300 million in securities, including $100 million in 10-year notes and $300 million of 30- year debentures, according to lead underwriter Goldman Sachs and Co.

The class of notes yield 8.556 percent. Priced at $99.627, they bear an 8.5 percent coupon and reach full maturity on March 15, 2002.

The debentures yield 9.294 percent and are priced at $99.56 with a 9.25 percent coupon. Final maturity on the 30-year debentures is March 15, 2022.

MCDONNELL DOUGLAS

AWARDS SUBCONTRACT

IRVINE, Calif. - McDonnell Douglas Corp. said it has awarded the first major aircraft subcontract for its planned MD-12 jetliner to a team headed by Parker Bertea Aerospace, based in Irvine, Calif.

The contract, announced Tuesday, will be for production of the primary flight control actuation systems of the aircraft, which McDonnell Douglas expects will enter service in 1997.

Terms of the contract were not announced.

The MD-12 is McDonnell Douglas' next generation long-range, wide-body jetliner. It is currently in development at the company's Long Beach, Calif., facility.

MESABA TRAFFIC

ROSE IN FEBRUARY

MINNEAPOLIS/ST. PAUL - Mesaba Aviation Inc. said it flew 15.1 million revenue passenger-miles in February, a 14.0 percent increase when compared with 13.2 million revenue passenger-miles flown during the same month last year.

A revenue passenger-mile equals one passenger flown one mile.

Mesaba's load factor in February was 45.3 percent, compared with 46.7 percent in February 1991.

Mesaba operates as Northwest Airlink under a marketing agreement with Northwest Airlines. The regional carrier serves 39 cities in 13 states and one Canadian province.

Mesaba Aviation Inc. is a wholly owned subsidiary of Minnesota-based AirTran Corp.

AMERICAN AIRLINES OFFERS

FREE OVERSEAS TICKETS

NEW YORK - American Airlines is offering a free ticket for travel to Europe, Japan or Latin America with the purchase of a full-fare ticket to selected cities in Europe and Japan.

In newspaper advertisements this week, the company said all award travel must be completed between Sept. 15 and Feb. 28 and said blackout periods apply.

The offer is available to all of its AAdvantage frequent-flier program members.

Travel for qualifying trips between the United States and Europe or Japan must be completed by June 15, said AMR Corp., American's parent company.

AMR said the offer is good on flights to all European cities it serves, except Milan and Stockholm, and to Tokyo.