Word: 727s
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...growing some 7% a year and backing up taxiways at airports from Hong Kong to Dallas. To cope with the crowding, carriers are buying larger aircraft, reducing the number of individual flights. A new midrange Boeing 767, which carries as many as 260 travelers, can replace two smaller 727s or Douglas...
Never one to pass up a good thing, billionaire developer Donald Trump entered the airline business last week. He bought the shuttle from Frank Lorenzo, who owns Texas Air, which owns Eastern, for roughly $365 million in cash. For that Trump gets a fleet of 17 Boeing 727s, landing facilities in Boston, New York City and Washington, and the right to stencil his already ; household name on the tail of an Establishment institution. And never one to leave well enough alone, Trump vowed to run it as a "diamond," with immaculate planes swooping in and out on time, providing...
...hours if they were not restricted by noise complaints from residential neighbors. Washington's National Airport, which is booked solid during the day, allows only 13 flights between 10 p.m. and 7 a.m. Late-model jets like the Boeing 757 and 767 are half as noisy as the early 727s, but hundreds of the older planes are still rattling suburban windows...
...diplomats negotiate, Boeing and McDonnell Douglas executives are peddling their planes more aggressively than in the past. Says Dean Thornton, president of Boeing's commercial-plane division: "We used to sell 727s like you sell Mercedes. This one's nice and there's the price on the window, take it or leave it. But times have changed." Now both American aircraftmakers offer better service, supply spare parts in advance and guarantee maintenance costs...
...making fat profits serving medium-size cities abandoned by the major carriers. Now the trunks want some of that business back, and to get it they need smaller planes. The most popular: Boeing's new twin-engine 110-passenger 737-200, a fuel-efficient improvement over the older 727s that it usually replaces...