Search the Archive

Airlines / Dereg. / Ford / Eastern / Mutual Aid #34677

ABC Evening News for Wednesday, Oct 08, 1975
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) Ford administration proposes dereg. of airline industry
REPORTER: Harry Reasoner

(DC) Ford wants airlines to respond to consumer demands. Transportation Secretary William Coleman says air fare prices to be lowered. [Council of Econ. Advisers Paul MacAVOY - cites services that could be offered under new plan.] [President Allegheny Airlines Edward COLODNY - says can't lower prices unless costs reduced. Doesn't want government taking over industry] Ford to tackle trucking lobby next.
REPORTER: Ann Compton

(Studio) 1 airline moves to break set cooperative pattern within industry with ult. aim of incring. profits.
REPORTER: Harry Reasoner

(Miami, Florida) National Airlines, involved in strike, recs. revenue from other airlines to make up for strike. Striking unions have no aid coming in and have long called for end to mutual aid pact. [President Eastern Air Lines Frank BORMAN - says company offers profit-sharing plan to employees for 5 years in return for wage freeze in 1976. Suggests management and labor enter into binding arbitration agreement to elim. requirement of mutual aid. Must solve problems together or be ntlized.] If Eastern withdrawn from mutual aid pact, other airlines will probably follow.
REPORTER: Charles Murphy

Compton, Ann;
Murphy, Charles;
Reasoner, Harry

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:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.