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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| July 02, 2003 | COPYRIGHT 2003 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

AEROSPACE

AirTran buys up to 110 Boeing jets

The low-fare airline ordered 10 Boeing 717s, at least 50 737-700 and -800 series planes and has options for 50 more. It's a $4 bil deal, an AirTran source said. It's a big win for Boeing, which lost its lead this year over European rival Airbus amid a prolonged slump in commercial airline buying. It's also a sign AirTran is steadying after nearly shutting down after 9-11. Discount carriers have been flourishing.

TRANSPORTATION

American Air plans service cuts

The world's largest airline said it can't keep flying all of the same nonstop routes it runs or provide the same service in unprofitable markets. The AMR unit is reviewing everything from key routes to airport slots to its three major hubs to maintenance facilities. American also furloughed 3,100 attendants after a court rejected union objections.

Ford: bond sale unlikely for funds

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