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E.U. Says "Fly Right" Charging undue favoritism, the European Union issued a warning after China Airlines, Taiwan's mostly state-owned carrier, ordered 24 engines from U.S. firm GE instead of the U.K.'s Rolls-Royce. GE admitted its engines are not even certified for the type of aircraft involved...

Author: /time Magazine | Title: Biz Watch | 8/24/2003 | See Source »

Former United Airlines marketing analyst Mark Boyle hasn't worked at the struggling air carrier for 10 years, but every time United's latest woes hit the evening news, he warily pays heed. About a tenth of his family's nest egg--money earmarked for his and his wife's...

Author: /time Magazine | Title: The Next Scrambled Nest Egg? | 8/11/2003 | See Source »

It's hard to put reliable numbers on the phenomenon. According to the World Travel Organization, a booster trade association that relies upon the governments of member nations for its figures, international tourism receipts in 2001, the last year for which statistics are available, were down 2.6% compared with 2000...

Author: /time Magazine | Title: A Beach too Far | 8/4/2003 | See Source »

(2 of 2) Some argue that Europeans are not going as far as they used to. Roberto Perrone, of Rome's Turicam agency, says: "Maybe a two- or three-hour flight, but no more." This could be due to money and safety jitters, but they are not the only reasons...

Author: /time Magazine | Title: The Great Escape | 7/27/2003 | See Source »

An active fraud investigation hasn't kept buyers from snapping up millions of shares of embattled HealthSouth. In Chicago an investment club took a flyer on bankrupt UAL, the parent company of United Airlines, believing that the stock was set to soar. More than 57 million shares of bankrupt WorldCom...

Author: /time Magazine | Title: Money: Beware the Bargains | 7/14/2003 | See Source »

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