Word: airing
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Dates: during 1970-1979
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...even Pavarotti's relaxation has a carnival air. Privacy for him means being surrounded by a mere dozen or so people. The entrance to his property has a closed-circuit TV camera for screening visitors, yet the gate is rarely shut, except at night, because nobody wants to be bothered with all that opening and closing. Musicians like Conductor Claudio Abbado, in-laws, the curator of Pesaro's Rossini Museum, journalists, the local -the guests constantly come...
...blue chip stocks and bonds in which they have traditionally invested. In June the Government eased the rule limiting pension fund investments to only those that a "prudent man" would make. Now pension funds can invest in real estate or gold or even Picassos and Chinese porcelain. Eastern Air Lines pilots have almost 10% of their $250 million pension fund in Atlanta warehouses, Kansas City shopping centers and Southeastern forests. Such investments seem attractive at a time of rising prices for tangibles of all kinds, but they could also fall quickly in some future speculative collapse...
...rushed to Boston airport to get the 4 p.m. Air New England flight to Martha's Vineyard, a 70-mile, 35-minute trip. But then there was a delay: no equipment. Finally, at about 6 p.m., we got on a plane and joined a long line of other flights waiting to take off. Just as we reached the head of the line, the pilot said he had to refuel. At last, at around 7 p.m., we departed. But later, in midcourse, we veered left toward the Vineyard's neighboring island of Nantucket. Apparently our flight number was switched...
...told by Author Vance Packard, one of the many cultural and corporate heavyweights on the New York-Boston axis who have vacation homes on the Vineyard or Nantucket. What they also have in common is a feeling of strained camaraderie and a fund of furiously exasperating stories about Air New England, which links 14 New England stops with Boston and New York City. Says New York Times Columnist Russell Baker, a Nantucket man: "It's an eerie operation. I resign myself to disaster every time I book with them." CBS Anchorman Walter Cronkite, who has a house...
Once a profitable puddlejumper, Air New England expanded rapidly after it won certification in 1975 from the Civil Aeronautics Board. Perhaps too rapidly. It now struggles to maintain a schedule of 200 flights a day with scant working capital and a modest fleet of 20 propjet planes, which include its own 19-seat De Havilland Twin Otters and 48-passenger Fairchild 227s and two leased 50-seat Convair 580s. Seldom are there planes available for back-up use. So even though Air New England is classified in the same category as national carriers like Eastern and United, it continues...