Full FAA Chronology at this link.
19860224: Financially troubled Eastern Air Lines tentatively accepted a buy-out offer by Texas Air. The board’s decision followed labor negotiations in which Eastern’s pilots agreed to make concessions but the union representing machinists and mechanics demanded replacement of chairman Frank Borman. Following the purchase agreement, Borman remained as Eastern’s head until his resignation in June. (See October 1, 1986.)
19920224: Andrew H. Card, Jr., took the oath as Secretary of Transportation (a public swearing-in ceremony was held on March 11). A former member of the Massachusetts legislature, the new Secretary had been deputy Chief of Staff under Bush and served the Reagan White House as deputy assistant to the President and director of the Intergovernmental Affairs Office.