Word: aircrafting
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...billionaire investor Warren Buffett, thinks many more people will pay to avoid cooling their heels at gates and cramping their backsides into uncomfortable seats in the air. Buffett spent $725 million last year to acquire Executive Jet Aviation, operator of NetJets, which created a business in fractional ownership of aircraft. With revenues projected at $900 million for 1998 and climbing an average rate of 35% annually, the company instantly became the fastest-growing division in Buffett's Berkshire Hathaway empire, which includes stakes in American Express and Coca-Cola and ownership of Geico insurance...
...adding two and two and getting five. "Elements of this story may be true, but they don?t all fit together in a causal explanation," says TIME Pentagon correspondent Mark Thompson. "Flight plans aren?t usually that explicit. And the U.S. wasn?t sharing information on raids by stealth aircraft with its NATO allies. Pentagon thinking was that the Serbs had been filling the sky with anti-aircraft fire and unguided missiles, and they simply got lucky. There?s no doubt that information was being passed along to the Serbs, but it?s a long way from there...
Furrow's downward spiral entered its final twist last fall. In late October, he took a 12-week leave from his job as a computer-assisted-design engineer at Northwest Gear, a maker of aircraft parts in Everett, Wash. Then he started drinking. One afternoon, in the depths of that bender, he tried to check himself into Fairfax Psychiatric Hospital. Babbling about having stabbed himself a few days before, he also boasted that he had a gun in his car. When an administrator took his keys and warned him that she would have to call the police, Furrow thrust...
...number of missions carried out during the Kosovo conflict). The low-key air war, which followed four days of intense bombing in response to a showdown on arms control last December, has failed to alter the strategic equation in Iraq. With Iraq?s leaders and its anti-aircraft gunners as defiant as ever, the administration is now debating whether to up the ante...
...international press found itself momentarily under fire Wednesday when an Indian helicopter ferrying journalists reportedly came under fire from Pakistan. Having hardly cooled since the recent Kashmir crisis, tensions between the old enemies went straight back to boiling point Tuesday after Indian jets shot down a Pakistani reconnaissance aircraft along a disputed coastal border. India and Pakistan both claim the plane was in their air space, and each side rushed to produce scraps of debris Wednesday to prove their point. While both newly nuclear states vowed, through gritted teeth, to avoid escalation into full-scale hostilities, both sides have placed...