THE VIRGINIAN-PILOT  
              Copyright (c) 1996, Landmark Communications, Inc.

DATE: Saturday, June 1, 1996                TAG: 9606010343
SECTION: BUSINESS                PAGE: D1   EDITION: FINAL  
                                            LENGTH:   64 lines

CORRECTION/CLARIFICATION: ***************************************************************** Johns Brothers Inc. of Chesapeake and ACS Environmental Inc. were not part of a merger between Republic Industries Inc. and waste-hauling companies controlled by Dwight C. Schaubach. Incorrect information about those companies appeared in a news digest item in Saturday's Business News section. Correction published Tuesday, June 4, 1996, page D2. ***************************************************************** DIGEST

Large airlines proposed a new fee system that would cost passengers less than the lapsed 10 percent federal tax it would replace. The failure to renew the 10 percent tax on airline tickets has cost the government $1.3 billion through the end of April. A bill to restore the tax is moving through the House while the Senate is considering a separate measure to replace it with a fee system. The plan calls for a user fee of $2 per airplane seat ($1 for regional airlines), plus $4.50 per passenger and one-half cent per passenger mile flown. Airlines joining in the proposal are American, Continental, Delta, Northwest, Trans World, United and USAir. (AP) 50 flight attendants quit ValuJet after crash

About 50 ValuJet flight attendants have resigned since Flight 592 crashed in the Florida Everglades, more than three times the average monthly turnover rate, the airline said. ValuJet records indicate 20 attendants left because of the crash, a typical number after such an accident, and others left for unspecified or more routine reasons. The airline's average turnover for a month is 15. The airline is suffering ``terrible'' morale problems among flight attendants, said Susan Clayton, president of the local chapter of the Association of Flight Attendants, which represents more than 600 ValuJet flight attendants. (AP) Raytheon offers buyout to 4,400 employees

The Raytheon Co. has made buyout offers to 4,400 hourly employees in Massachusetts, saying they would minimize or eliminate layoffs. The action was taken to cut costs because defense spending continues to drop. On Thursday, the company said its Electronics Systems will get an initial contract for about $40 million for helping to design and test a new attack submarine for the Navy. The Raytheon work will be done at its facility in Portsmouth, R.I. The voluntary severance program was offered to about 4,400 production and maintenance workers who are members of Local 1505 of the International Brotherhood of Electrical Workers. Raytheon has about 16,000 workers in Massachusetts and 73,000 around the world. (AP) Huizenga's Republic to buy Addington Resources

H. Wayne Huizenga's Republic Industries Inc. said it agreed to acquire Addington Resources Inc. in a stock swap valued at about $322 million. Republic, which provides waste management and electronic security services, will exchange 0.45 of a share for each of Addington's 15.2 million outstanding shares. Earlier this year, Republic purchased a group of waste-hauling companies controlled by Dwight C. Schaubach, including Area Container Service, ACS Environmental Inc., Incendere Inc., and Johns Brothers Inc. in Chesapeake. (Dow Jones News) by CNB