Word: avmark
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Dates: during 1980-1989
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...some experts assert that a borrowing binge could slow the upgrading of airline fleets or lead to higher ticket prices. "Debt definitely makes it more difficult to modernize fleets," says Morten Beyer, chairman of Avmark Inc., an aviation consultant in Arlington...
...planes, even though the company has not been found responsible for any since the crash of a poorly repaired Japan Air Lines 747 in 1985. Experts give the company high marks for advising airlines of potential safety problems and ways to correct them. Says Paul Turk, vice president of Avmark Inc., a leading aviation consultant: "Boeing is taking a lot of hits because most of the older jets flying are Boeings. But the facts are that the industry, and Boeing specifically, is recognizing the problems and responding...