Word: airlinese
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Dates: during 1970-1979
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INVESTMENT. American government and business leaders argue forcefully that continued U.S. investment overseas creates goods and jobs as well as profits, and thus is mutually beneficial. The Nixon Administration opposes further restrictions on capital exports. While most thoughtful Europeans agree that U.S. investment has fostered their continent's economic...
Northwest Airlines Flight 305 began as the most prosaic of milk runs. It started in Washington, D.C., at 8:30 a.m. last Wednesday, with scheduled stops at Minneapolis, Great Falls and Missoula, Mont., Portland, Spokane and finally Seattle. What happened en route rivaled Alfred Hitchcock's more baroque fantasies...
The board named as Pan Am's new president William T. Seawell, the chief of Rolls-Royce's U.S. subsidiary and a former senior vice president of American Airlines. He will take over many of Pan Am's day-to-day operations from Chairman Najeeb Halaby, but...
Seawell, 53, a West Point graduate, also got a Harvard law degree and was a career Air Force officer until 1963, when he retired as a brigadier general and commandant of cadets at the Air Force Academy to enter private business. At American Airlines, he was credited with helping turn...
Because the airlines need every possible cent of profit during their current cash squeeze, and because the two-drink limit on domestic flights was hard to enforce, that prohibition has been quietly dropped. Now an air traveler can order as many drinks as he wants, within reason. On each $1.50...