Showing posts with label US Airways Flight 1549. Show all posts
Showing posts with label US Airways Flight 1549. Show all posts

15 March 2009

NY Ferry sends S.O.S.



March 15, 2009 11:21 AM by: Lisa Fickenscher

photo by:Liz Baller,c. 2009. WEBSITE

NY Waterway's owner says next its berth is Chapter 11 bankruptcy protection.

When Captain Chesley Sullenberger landed US Airways flight 1549 in the Hudson River in January, NY Waterway ferries arrived at the scene within minutes, fishing 142 of the 155 airline passengers from the icy water. Then the company transformed its ferry terminals at West 39th Street and in Weehawken, N.J., into triage centers.

Two months later, NY Waterway is the one in dire need of a rescue. The firm, which transports riders to Manhattan from Weehawken and other New Jersey ports, could go bankrupt this year. Its situation is so precarious that the company is preparing a lawsuit against US Airways to recoup the expenses it incurred during the rescue effort.

We are embattled,” says Chief Executive Arthur Imperatore Sr. “The question is whether we can survive.”

His list of woes is long. Ridership in February dropped 12% from year-earlier levels, to 26,400 daily commuters. Revenue has been declining since autumn and is now off by $800,000 a month. Complicating matters, the company's three-year equipment loan—which expires in September—will not be renewed by its lender, CIT Group, as that financial company moves to minimize risk.

Mr. Imperatore wants a public agency, such as NJ Transit or the Port Authority of New York & New Jersey, to acquire his company. He argues that the commuter ferry business is part of the mass-transit system and should be supported by public funds. He is likely to file for bankruptcy if he doesn't get his wish.

Captain Robert O'Brien, the U.S. Coast Guard's most senior official in New York, is concerned about NY Waterway's financial troubles.

They are generally the Good Samaritan that responds to any emergency on the water,” he says.

During the 2003 blackout, the firm ferried 150,000 people out of Manhattan for free, forfeiting more than half a million dollars in fares. It also helped move people out of Manhattan on Sept. 11, 2001, and during the 2005 transit strike.

After the US Airways crash landing, NY Waterway was unable to operate some of its routes for nearly 48 hours. In addition, it paid employees overtime and incurred other expenses that it's still assessing as it prepares its claim against the carrier. Apart from the monetary issue, Mr. Imperatore is miffed that the airline's senior officials have yet to acknowledge his company's role.

Mr. Imperatore, the youngest of nine children, made his fortune in the trucking business. The 83-year-old multimillionaire started the ferry service 20 years ago after purchasing two miles of waterfront property in Weehawken, N.J., hoping to lure residents to the community.

To keep it afloat, he has spent his own money, including $20 million in the past three years alone.

Bailed out before

The last time Mr. Imperatore's venture ran into serious financial trouble, in 2005, real estate lawyer William Wachtel bailed it out. He took over 16 of the company's 34 boats—including the debt payments—and formed a separate company, BillyBey, which pays NY Waterway licensing and management fees to run that business.

Mr. Wachtel says that while ridership is down on his routes from Hoboken and Jersey City to the World Financial Center, BillyBey is “not in financial straits.” Nevertheless, he says it makes sense for a public transportation system to run the ferry business. “If public agencies see this as a good time to take over, then it's a vision I can embrace,” says Mr. Wachtel.

It's unclear whether government agencies agree. A spokesman for the Port Authority says, “We have a strong commitment to a healthy regional ferry service, and we have ongoing discussions with our partners,” but he declined to elaborate on specific talks with NY Waterway.

Mr. Imperatore doesn't relish ceding the company to others, but he simply can't support it anymore.

I don't have any more money to invest,” he says. “It's like a bottomless pit.



LET THE REVOLUTION BEGIN!

Thanks for all you do!
Live
your values. Love your country.
And, remember: TOGETHER, We can make a DIFFERENCE!

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

15 January 2009

Notable NYC News: 15 Jan. 2009.

January 15, 2009 3:43 PM
Original Post: ABC News
By: RUSSELL GOLDMAN

US Airways Jet Crashes Into Hudson River off New York City



Flight 1549 Went Down After Being Struck by Birds.

Some 150 people aboard a US Airways plane en route to Charlotte, N.C., from New York City were rescued today in a lightning-fast effort following the jet's crash into the frigid waters of the Hudson River off the West Side of Manhattan.

All passengers and crew aboard were reported safe after New York City firefighters and ferries rushed to the aid of the US Airways jet, which floated in the river near the historic aircraft carrier The Intrepid.

US Airways flight 1549, an A-320 manufactured by Airbus, was carrying as many as 148 passengers and five or six crew members, according to the Port Authority of New York and New Jersey.

Only 30 seconds after takeoff at 3:26 p.m. ET, the pilot reported two bird strikes and said he wanted to return to LaGuardia Airport.

Controllers began giving him directions for return, but the pilot requested to land at the nearby Teterboro airport over New Jersey. The tower reportedly lost contact soon after that last transmission.

Commuter boats in the area were seen fishing people from the river, and rescuing passengers standing on the plane's wings after the crash.

ABC News' Robin Roberts, who saw the plane crash from her apartment window, said it appeared to be a controlled landing.

"It completely just hit the water full force, never bounced or anything like that, and came to a relatively quick stop," Roberts said. "But… it didn't skim along the water. There was very little trauma to the aircraft. It was… I'm still… can't believe what I saw."

The water temperature in the river was reported at 40 degrees, just above freezing.

John Ostrom of the Metropolitan Airports Commission out of Minneapolis chairs the Bird Strikes Committee, which advises the aviation industry on wildlife management to eliminate possible hazards.

"There's a variety of ways a bird can take down a plane," he told ABC News today. "There have been instances where birds the size of robins bring a plane down, all the way up to Canada geese."

Birds can fly into plane engines, shutting them down, or cause pilots to lose control of the plane by penetrating the windshield. And there's not much pilots can do to avoid bird strikes, which happen "every day," according Ostrom.

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January 15, 2009 8:33 AM
Original Post: Cranes NY
Photograph: A. Golden, eyewash design, c. 2005.

Riders to hold mock funeral for Z subway line.

The Metropolitan Transportation Authority is proposing to eliminate the subway line as part of an effort to combat a billion-plus budget deficit for 2009.

(AP) - New York City transit advocates are planning to hold a mock funeral for a subway line that could be eliminated under proposed budget cuts.

A bagpiper is expected to join members of the Straphangers Campaign on Thursday as they place a memorial wreath for the Z line at the Fulton-Broadway-Nassau station in Manhattan.

The Metropolitan Transportation Authority is proposing to eliminate the subway line as part of an effort to combat a billion-plus budget deficit for 2009. It has also said it would substantially raise fares.

More than 300 people crowded showed up at the Hilton New York Hotel for a public hearing Wednesday night held to talk about the proposals.

Members of the crowd protested the fare increases, especially a plan to double fares paid by Access-A-Ride disabled riders.

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January 15, 2009 8:21 AM
Illustration: A. Golden, eyewash design, c. 2007.

Mayor Bloomberg to reveal news jobs plan.


Mayor Michael Bloomberg's nine-point plan to create 400,000 jobs is one of several ideas he will present during a State of the City Address, Thursday.

(AP) - Mayor Michael Bloomberg was to outline a six-year plan to create 400,000 jobs during a State of the City speech focusing on economic recovery from the city's fiscal downturn.

The nine-point plan is one of several new economic ideas the billionaire former chief executive officer would present Thursday, according to people familiar with the speech. Themes of the annual address were described to The Associated Press on Wednesday by officials who spoke on condition of anonymity because the speech had not been given.

The job creation plan includes efforts to help small businesses, support for projects that create green jobs and a focus on capital investments that will yield work for residents.

Mr. Bloomberg on Wednesday spoke in broad terms about the city's dismal economic state and what the city would hear from him during the speech, which was expected to last more than an hour.

"We can't pray our ways out of this," he said. "We can't hope our ways out of it. We can't depend on things always breaking the right way to get us through it. We're going to have to have some reserves in case things don't go the way we think, in case things are worse."

Mr. Bloomberg has staked his campaign for a third term this year on his financial expertise and ability to guide the city through tough economic times.

He said Wednesday that he would not be unveiling any flashy new spending but would stick to initiatives that don't cost a lot of extra money.

Independent city budget analysts forecast in a report last week that the city will lose 242,700 jobs through the end of 2010. The report also projected that the budget gap for next fiscal year, which begins in July, has ballooned to $4.3 billion. In November, Mr. Bloomberg's prediction was $1.3 billion.

Among the points of the job creation plan is a proposal to reduce or eliminate the unincorporated business tax, helping ease the burden for 17,000 small business owners citywide, the officials said.

Aides said Mr. Bloomberg would seek to rise above the theme of doom and gloom in his speech on Thursday, instead turning to ways the city can get through the financial mess.

There will be plenty of time for bad news. The mayor will follow his State of the City address at the end of the month with a new budget plan, which is expected to contain new cuts and tax hikes.

"It will be very sobering to lay out the realities," he said Wednesday.

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January 15, 2009 11:42 AM
Photograph: A. Golden, eyewash design, c. 2005.

Most New Yorker's don't want 'Fat Tax' on soda.

A Quinnipiac poll reports 64% of registered New York voters oppose the governor's plan to help combat widespread obesity through an 18% tax on sugary drinks.

(AP) - Most New Yorkers are balking at Gov. David Paterson's proposal to impose a "fat tax" on sugary drinks, but an even larger majority wants millionaires to hand over a bigger share of their earnings to the tax collector, according to a new poll.

Quinnipiac University reported Thursday that 64% of registered voters oppose the governor's plan to help combat widespread obesity among children and others through an 18% tax on sugary drinks containing less than 70% real fruit juice. The poll shows 32% favor the soda surcharge.

"One month after Gov. David Paterson rolled out his fat tax proposal, and one week after he gave it a big push in his State of the State message, opposition is growing weightier instead of slimmer," said Maurice Carroll, director of the Quinnipiac University Polling Institute.

That compares with 60% opposition and 37% support in a December survey. Quinnipiac said it surveyed 1,664 voters from Jan. 8-12 and the new poll has a margin of error of 2.4 percentage points.

"One out of every four New Yorkers under 18 years of age is obese," Mr. Paterson said in his State of the State address last week. That blights their futures and creates a significant economic burden, he said, with New York spending $6.1 billion annually to treat obesity-related health problems.

Mr. Paterson's plan would ban trans fats in restaurants and junk food sales in schools. He would require chain restaurants statewide to post calorie content and establish a revolving loan fund to get healthy food markets in poor communities.

But the part of his plan that would add the surcharge on sugared drinks lacked poll support even among New York voters who prefer diet sodas, with 62% opposed and 35% in favor. Opposition was higher among those who drink sugared sodas, 72% against and 26% in favor.

Support for raising taxes on those with annual income more than $1 million a year stood at 80%, with 16% opposed. That drops to 73% support for higher taxes on incomes more than $500,000 a year, and 55% for incomes more than $250,000.

"We'd like to tax millionaires and even half-millionaires," Mr. Carroll said. "But the support begins to erode when we drop the high-tax level to $250,000, too close to home for many voters."

Mr. Paterson's 2009-2010 budget proposal would establish 88 new or higher fees or taxes, but he declined to embrace the Assembly Democrats' proposal to increase the income tax rate on New Yorkers with incomes $1 million or more a year.

The Quinnipiac survey found 53% of voters approve of the job Paterson is doing, with 25% opposed. They split 42-43% on his handling of the state budget, up from 40-46% last month.

Only 20% said they thought state lawmakers have the courage to make unpopular budget decisions, while 71% said they thought it would be "business as usual" in Albany.


LET THE REVOLUTION BEGIN!

Thanks for all you do!
Live your values. Love your country.
And, remember: TOGETHER, We can make a DIFFERENCE!

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.