Word: air
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Dates: during 1990-1999
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...artists and entertainers who have shaped today's culture. Find out the editors' selections of the most important writers, actors, musicians, artists, television stars and other creative minds of our times. And don't miss the special TIME-CBS News television program on these fascinating personalities, which will air Thursday, June...
...industry's most doable and popular methods of providing rewards is to co-brand a credit card with a noncompeting company. This technique lets you earn miles and points from everyday purchases made without ever fastening an airplane seat belt. Delta Air Lines awards you 300 miles with every floral purchase of $29.99 or more from the Flower Club. American Airlines gives 5 miles for every $1 spent with phone company MCI. United Airlines even gives you a housewarming gift: 1,000 miles for every $10,000 borrowed through specified mortgage brokers. "I can get miles by using my Bell...
...major carriers will arrange for you to give 5,000- and 10,000-mile increments to such charities as the Make-A-Wish Foundation, the United Way of America and the Pediatric AIDS Foundation. Lufthansa's Miles & More program lets you trade in 125,000 miles for a hot-air-balloon ride for as many as four people. Virgin Atlantic Airways offers a two-day parachuting course in exchange for 30,000 miles...
...class to economy on airplanes and to downgrade from five-star hotels to four- or even three-star establishments when they land. "People used to buy normal tickets so they could change schedules a million times, but nowadays people fix their business meetings according to the schedule of their air tickets," says Yuko Sugihara, a Tokyo travel agent who specializes in planning executive travel...
What's bad for the industry, of course, is good for those on the other side of the reception desk. Asian hotel rates and economy air fares are sinking fast. In Hong Kong, for example, the estimated average room rate at an international four- or five-star hotel in February dropped to $108 a night, down from $147 the previous year, while in Seoul the price cutting was even more dramatic: to $70 from $143, according to analysts at PKF Consulting. And although business-class seat prices are holding steady, economy fares are 20% lower than last year's, says...