Word: airlinese
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Dates: during 1970-1979
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The best-known, high-altitude, highwayman, was a calm character calling himself D.B. Cooper, who hijacked a Northwest Airlines 727 to Seattle last November, collected a $200,000 ransom and four parachutes, coolly bailed out as the plane flew on toward Reno, and was never caught. Immortalized in song and...
A trip to Bermuda (p. 4); a Peugeot (p. 5); the LIFE Library of Photography (p. 8); an Emerson Permacolor television set (p. 11); a sterling silver Sheaffer pen (p. 12); a General Electric Potscrubber dishwasher (p. 25); Seagram's Crown Royal (p. 26); flying with Jo on National...
Crowded Skies. Founder Trippe had originally spirited Halaby away from the FAA in 1965, named him a senior vice president and made it clear he was grooming the new executive to move in as chairman. Trippe figured that Halaby's charm and once considerable influence in Washington would help...
Seawell, the new chairman and chief, is expected to fire more people. He takes charge at a time when many airlines are in a steep climb; as a group they lost $125 million last year but expect to be well in the black this year. Pan Am, still saddled with...
Cyclical stocks that rise and fall with the economy should do well. This includes shares in autos, photographic equipment, building developers, leisure products, hotels, airlines, machine tools, appliances and office equipment. Such blue chips as steel, chemicals and railroads should also climb, in part because many are overly depressed. Other...