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Written by ANS
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Boulder-Springs (ANS) - CORE Aireways (USSE: CRAW) is currently negotiating with the ATOTP (Airline Telephone Order-takers and Ticket Processors) for a revision in the current contract that will allow CORE to build on-line processes for reservations and ticket purchases. The existing contract has been in place since 1968, when CORE was the small local carrier Colorado Regional, for a term of 99 years. When Colorado Regional became CORE Airways in the early 1980s, the board of directors and new major stockholders were unable to get the union contract nullified.
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