The remnants of ATA Airlines won a $66 million verdict against FedEx in a federal suit over the breach of contract that forced the company into bankruptcy.
Jim Albaugh, President and CEO of Boeing's Commercial Airplanes unit, announced his retirement on Tuesday. Longtime Boeing exec Ray Conner will replace him effective immediately.
The Reunion-based carrier made headlines in 2009 when it ordered the aircraft, which they pledged to fill with 840 economy class seats, which would have given them the highest capacity of any commercial aircraft ever built.