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Word: aviateca (lookup in dictionary) (lookup stats)
Dates: during 1950-1959
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Usage:

...have two or three. Most of the carriers are not members-as are Pan Am and Panagra-of the International Air Transport Association, which taboos price warfare. The local airlines set fares as they please, often undercut Pan Am or Panagra by close to half. Samples: Guatemala's Aviateca charges $99 for a round trip between Guatemala City and Miami; Pan Am gets $147.60. I.A.T.A. fare for a Lima-Miami round trip is $473.40; Aerovias Panama Airways asks only $260. Aerolineas Peruanas sells a Santiago-Miami two-way ticket for $276.50; Pan Am and Panagra are required to charge...

Author: /time Magazine | Title: Business: Too Much Competition | 11/10/1958 | See Source »

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