ATSB

(redirected from Air Transportation Stabilization Board)
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AcronymDefinition
ATSBAustralian Transport Safety Bureau
ATSBAttractive Toxic Sugar Bait (malaria control)
ATSBAir Transportation Stabilization Board (USA)
ATSBAstronautic Technology (M) Sdn Bhd (Malaysia)
ATSBAlberta Transportation Safety Board (Canada)
ATSBArbeiter Turn-und Sport-Bund
ATSBAdvanced Tactical Support Base
ATSBAluminium tri-sec-butoxide
ATSBAll Time Swing Band
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References in periodicals archive ?
"We weren't just going to give willy-nilly guarantees to companies that would inevitably be going to bankruptcy," recalls Mark Dayton, the former executive director of the Air Transportation Stabilization Board. Instead, airlines were required to present business plans, outline concessions by both management and labor, and issue stock warrants worth up to 30% of the company's value.
US Air Transportation Stabilization Board last week announced the sale of the 3.4 million warrants it received in connection with the issuance of a loan guarantee to Frontier Airlines in 2003.
When the Air Transportation Stabilization Board (ATSB) rejected United Airlines Inc.'s request for $1.8 billion in loan guarantees in 2002, the company sought protection from debtors by filing for Chapter 11.
The Air Transportation Stabilization Board (ATSB) could be set to earn over USD300m for US taxpayers when its work concludes later in the year.
Governor Kohn will serve as chairman of the Air Transportation Stabilization Board, the Emergency Steel Loan Guarantee Board, and the Emergency Oil and Gas Loan Guarantee Board, and as a member of the LOCAL Television Loan Guarantee Board.
Other offsets include reducing funding for transportation planning, research, and development to the level requested in the Administration's fiscal year 2006 budget, and eliminating funding for the Railroad Research and Development Program and the Air Transportation Stabilization Board.
United filed for Chapter 11 protection in December 2002, after the Air Transportation Stabilization Board rejected the airline's request for a federal loan guarantee of $1.8 billion.
In July an analyst said the airline would likely breach a US$168 million loan it has with the Air Transportation Stabilization Board.
The reorganisation is dependent on the company's securing a $900m federal guarantee from the Air Transportation Stabilization Board (ATSB) for a $1bn loan.
As the administration's representative on the Air Transportation Stabilization Board, he's often the lone dissenter when loan guarantees are granted to airlines.
UAL plans to map out further cost-cutting measures and reapply with the Air Transportation Stabilization Board for $1.8 billion in federal loan guarantees, Creighton said.
The $300 million profit expected at the Air Transportation Stabilization Board works out to about $1 for every American, The Wall Street Journal's Scott McCartney writes.
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