US Government Accountability Office announced using private screeners at airports would cost just 3% more than federal screeners, as opposed to the 17% more first estimated in 2007 (Washington Post, 11-Mar-2011). The agency stated the updated estimate accounts for the potential cost of overlapping administrative personnel, passenger and baggage costs, workers’ compensation, insurance and retirement expenses. Under a programme run by Transportation Security Administration, 16 airports have been using private screeners. The programme was suspended in Jan-2011 by TSA head John Pistole.
Private screeners now cost 3% more than federal, not 17%
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While it was acknowledged that progress on major deals was not going to happen overnight, the hope was that as layers of sanctions came down, Iran would be embraced by the rest of the world. In return, Iran was expected to open itself up progressively to foreign trade and investment, and to travel.
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Logic dictates approval of Alaska-Virgin America merger; anti-trust hawks loom large
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Close scrutiny by US regulators was always expected, as are some form of concessions in order for the agreement to ultimately gain the government’s approval. The form those concessions could take has spurred significant speculation from slot divestitures to the relinquishment of gates. Perhaps the key for Alaska is ensuring that the composition of those concessions does not compromise the economics of the transaction.