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January 14, 2013

Monday Midday Must-Reads

-The Regional Transportation Authority in Illinois says United Airlines and American Airlines have been evading sales taxes that fund public transit in Chicago. According to this Crain's Chicago Business article, the RTA accuses the two airlines of "accepting" jet fuel at a strip mall in Sycamore to avoid the higher sales taxes in Cook County. The agency says it has lost at $96 million since 2005 as a result of a 25-year agreement between Sycamore and the airlines. It plans to file a lawsuit against United on Monday and will file another against American, once the company emerges from bankruptcy protection.

-American Airlines made the 24/7 Wall St blog's list of the 10 Most Hated Companies in America. "AMR, parent of American Airlines, has, in a remarkably short period of time, ruined its relationships with shareholders, bondholders, pilots, customers, suppliers, and most of its other employees," the blog said.

-And Southwest Airlines founder, Herb Kelleher, is set to turn 82 this year so Fortune magazine caught up the former chief executive to see if he's still crazy after all these years (he is.) A small sample of the Q&A: "I've always tried to look a little bit ahead, at least when I'm sober -- and when I'm not, I look way ahead. [Laughter.]," Kelleher said. Fortune asked, "Are you sober now?" Kelleher's answer, "Yeah, but not for long."

-Andrea Ahles


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casual observer

Ha! Way to go American and United. Starve the Crook County beast.

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