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Non-Tech : VJET - FAA Approval
VJET 0.6400.0%Apr 1 5:00 PM EST

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To: Tim who wrote (142)10/29/1996 8:05:00 PM
From: Jim Walker   of 164
 
Tim, Lee, Ben & others:
At 9 5/8 it looks to be finding a level pending future earnings. I should have sold when it ran up over 13 a few weeks ago, but wasn't nimble enough. Did you see the news announcement about Air Canada fishing for the maintenance contract? I don't know the current terms or what length of contract may exist, but given the 74-cent Canadian dollar and presumably lower labor costs, this might be a significant savings, yet still with a national airline providing quality service. Thursday marks the last day of the special introductory fares. Southwest has been rumbling about moving more substantially into new east coast areas, but I don't have a clear picture of route conflicts that might develop. Keep an eye out for fare announcements after Thursday.
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