Word: airlinese
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Dates: during 1970-1979
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Seawell is continuing his cost-cutting restructuring of Pan Am. The recently approved route swap with TWA, which eliminates costly head-to-head competition on international runs, is now being put into effect. Seawell is also discussing the possibility of a merger with Eastern Airlines, American Airlines or TWA (which...
Pan Am is certainly not alone in its woes with the spreading scourge of kickbacks. After a year-long federal grand jury investigation, 19 U.S. and foreign airlines (including Pan Am) last week offered to plead no contest to charges that they had given illegal kickbacks to travel agents. Last...
Discouragement and frustration pursue even the best-bankrolled members. A British Airways employee for 15 years, Ed Maynes lost his $30,000-a-year New York sales manager's job in December. "I know I am not going to be destitute," says Maynes, who has a sizable severance check...
Last week, at 76, Umm Kulthum died of a cerebral hemorrhage. She retired two years ago, and even before that her appearances were few. However, her public funeral rivaled that of Gamal Abdel Nasser's four years ago. Arab heads of state sent condolences, airlines laid on extra flights...
The airlines will be pleased to know that Jean Paul Getty, 82, has overcome his fear of flying. Ever since 1942, when the billionaire was traveling by air between Chicago and Tulsa and his plane ran into a tornado, he has been scared. "It was the most frightening thing that...