CNF's Emery Worldwide Airlines Unit Suspends Operations
PALO ALTO, Calif.--(BUSINESS WIRE)--Aug. 13, 2001--CNF Inc. announced today that its Emery Worldwide Airlines unit has suspended its air carrier operations as part of an interim agreement with the FAA. EWA said it expects to resume operations when issues raised by the FAA are resolved.
Emery Worldwide air freight company, which is separate from the airline, will continue operations on a full-scale global basis. "There will be no interruption of freight service and Emery air freight will meet all of the day-to-day operating requirements of our customers both in North America and around the world,'' said Chutta Ratnathicam, chief executive officer of Emery Worldwide.
He said that Emery Worldwide has made arrangements to service customers in North America, utilizing, among others, a fleet of aircraft operated by Ryan Aviation of Wichita, Kansas. Emery Worldwide airfreight operates a network of service centers in North America and has operations in more than 200 countries. The airfreight company operates a hub in Dayton, Ohio to sort freight. That facility remains fully operational.
However, Emery Worldwide Airlines said it would be forced to furlough up to 800 airline pilots, crewmembers and other administrative personnel, as necessary.
CNF Inc. is a $5.3 billion management company