Advertisement

Airport Holds Off on Plan to Benefit Commuter Fliers

Share via

John Wayne Airport’s managers, at the request of federal regulators, are delaying for at least a week the delivery of their controversial proposal for allowing long-haul operators to give some of their flight slots to commuter companies.

The U.S. government is still reviewing the proposal for possible conflicts with federal rules and regulations. Once they receive federal clearance, airport managers plan to deliver the proposal to the Airport Commission, which will review it before sending it on to the Board of Supervisors for a vote.

*

CKE Restaurants Inc.: The Anaheim parent company of Carl Karcher Enterprises Inc. posted a second-quarter profit of $864,000, or 5 cents a share, compared with $2.4 million, or 13 cents a share, for the corresponding period last year. Revenue for the quarter ended Aug. 15 declined 3%, to $105.3 million from $108.9 million. Profit for the first half of the current fiscal year totaled $1.5 million, or 8 cents a share, down from $2.5 million, or 14 cents a share, in the prior-year period. Revenue was down 4%, to $240.3 million from $249.8 million. The company said the results were affected by expenses for a new advertising campaign and start-up costs for its Boston Chicken stores.

Advertisement
Advertisement