Word: airlinese
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People's discounts on its new routes are coming just as some major airlines are trying to raise prices. Last week several carriers, including Pan Am and TWA, announced that they intended to increase some fares an average of 4%. They were following the lead of United, which two weeks...
Despite its growing pains, People has many supporters among industry experts. Alfred Kahn, the former Civil Aeronautics Board chairman who is the father of deregulation, gives the airline "a better than even chance" of succeeding in the Dallas and Atlanta markets. Kahn, now a professor of political economy at Cornell...
After the downfall and death of his father, who was overthrown by Zia in 1977 and subsequently executed, Shahnawaz, the youngest of the four Bhutto children, joined his brother Murtaza in organizing a group called Al-Zulfikar, which was dedicated to overthrowing the Zia regime. It was based in Afghanistan...
But TWA's unions, led by the Air Line Pilots Association, were vehemently opposed to a Lorenzo takeover. They feared that he would once again resort to a tactic he had used after Texas Air won a battle for control of Continental Airlines. In 1983 Lorenzo took Continental into bankruptcy...
The U.S. would like to open new consulates in both countries, restore landing rights for U.S. and Soviet airlines, which were eliminated after the KAL 007 tragedy, and establish a system of regular superpower summits.