Quantcast
BET FOUNDER JOHNSON TO TAKE OVER AIRLINE
New Airline To Be Called DC Air, To Link With Mr. T’s DC Cab To Fully Serve Consumer

Robert Johnson, chairman of BET Holdings Inc., will carve the nation's first minority-owned airline from assets divested as a result of UAL Corp.'s $4.3 billion deal to buy US Airways, Reuters News Service reported.

Details about the new airline—to be called DC Air—were sketchy, but the Washington Post reported in Wednesday editions that it was expected to take over most of US Airways' routes out of Washington's Reagan National Airport.

The report comes after Chicago-based UAL, already the world's largest airline, announced on Tuesday it had reached agreement to buy long-struggling US Airways. Johnson, founder of Black Entertainment Television and a US Airways board member, stepped up to the transaction as it became clear that United would likely have to sell off a substantial part of US Airways' Washington-area business to avoid dominating the region, according to the Post report.

"As a longtime citizen of Washington, DC, I'm extraordinarily pleased to have the opportunity to help create the premier airline that this great metropolitan region deserves," the paper quoted Johnson as saying in a statement scheduled for release on Wednesday morning. "A high-quality, home-based airline is critical to the economic growth of the nation's capital region, and I promise that it will continue to have one."

NEAR TRUTHS: BLOWING THE WHISTLE
Pissing outside the tent. (2/14a)
BILLIE RELEASES HAUNTING, ETHEREAL BOND THEME
The siblings strike again. (2/14a)
HITS LIST:
SURPRISE, SURPRISE
We, too, are thinking of going public. (2/14a)
NATION BUILDER
JAY BROWN
Takin' care of business. (2/14a)
STEVENSON'S
NEXT MOVE
Nice run. (2/14a)
DON'T TALK TO THE PRESS
Also, don't leak the memo about not talking to the press to the press. Please.
GRAMMY VOTING
How the sausage is made.
BIEBER'S BIG BOW
Changes changes the conversation.
PRIMARIES
So hard to decide...
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)