Word: apex
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...West German carrier had already rejected a compromise fare proposal worked out this past summer in Montreal by other members of the International Air Transport Association. The proposal, which included special advance-purchase excursion (Apex) fares for passengers who buy their tickets three months ahead of departure, could not go into effect without Lufthansa's approval, since all such IATA decisions must be unanimous. Lufthansa, the only holdout, stalled past the final deadline last week, then announced its own, even lower round-trip fares between New York and Frankfurt. They...
...That arrangement, worked out by IATA representatives in Montreal this summer while pickets protested their secret meetings, came after members began underpricing each other with youth fares. It calls for retention of the student prices for ages 12 to 21 and introduction of an advance-purchase excursion plan. Under APEX, as the ar rangement is called, passengers who buy their tickets 90 days ahead of time would receive substantial fare reductions. Lufthansa considered APEX to be "too expensive to administer and too difficult to police," as one official of the German line put it. "We're against overcomplicating...
...proposed schedule would maintain transatlantic youth fares of $195 to $225, depending on the season, for anyone aged twelve through 21-a modification of the reductions that swept the industry earlier this summer. It would grant a similar privilege to adults, through an advance-purchase excursion plan (called APEX), which provides for fares as low as $199 for a round trip between New York and London in the off season...
...Montreal, the West Germans argued that the new fares, especially APEX, would only add confusion to the tangle of transatlantic fares already in effect. Lufthansa officials also claimed that they want to lower some rates even below those now proposed by I.A.T.A. Should the high basic rates of scheduled carriers remain in effect, however, Lufthansa is in a strong position to become a major charter carrier. Its charter subsidiary Condor was the first such firm to buy a Boeing 747 jetliner, and it will soon have a second...
...despite its scale. What counts is the tuning of parts. It is "relational" sculpture, and it pits itself against the tendency among American artists to do away with such European ideas as composition and balance. To watch the big V of red beams swinging on its cable from the apex of Are Years What? is to be reminded that truth lies in the nuance, even among elephants and whales. A geometrically balanced structure will come to, look utterly dull unless one is made to see that it is a special case, not normal-a bright moment snatched from a world...