CBS Evening News for Thursday, May 13, 1982
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.
(Studio) Collapse of Braniff airlines discussed.
REPORTER: Dan Rather
(Dallas, Texas) Airline's collapse examined. [Chairperson Howard PUTNAM - notes lack of payroll funds.] [Nancy WOOD - comments.] Airline's history recalled. [Tommy WOOD - hopes for unemployment benefits.] [Civil Aeronautics Board chairperson Dan McKINNON - announces formation of consumer hotline.] Herald Redmond family's predicament cited as example; Braniff's efforts to reorganize noted.
REPORTER: Bruce Hall
(Los Angeles, California) Implications for other airlines of Braniff collapse examined. [Western Airlines chairperson Neil BERGT - notes efforts to deny Braniff's problems.] 1st quarter losses of several airlines outlined on screen. [Ind. analyst Eliot FRIED - cites leniency of industry] Various problems contributing to industry declining profits explained; Eastern Airlines, Delta, Texas International and American Airlines said probably benefiting from Braniff's demise; details given.
REPORTER: Linda Douglass
(NYC) Econ. problems of nation's leading companies examined. [Investment banker Felix ROHATYN - notes economy and credit environmental in which United States industry currently operates.] Status of corporate interest payments explained; details outlined on screen. [ROHATYN - thinks situation is weak.] Possible course of situation considered.
REPORTER: Ray Brady
(Studio) Chairperson of President's council of economy advisers Murray Weidenbaum reported indicating administration's position on collapse of Braniff and others.
REPORTER: Dan Rather
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.