Word: bargainer
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Dates: during 1970-1979
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...will begin offering New York-London cut-rate fares that compete with the $236 round-trip Skytrain shuttle designed by Britain's upstart Laker Airways. Within the U.S., airlines have been announcing a profusion of cheap fares since last April; that was when American Airlines set off the bargain binge by offering advance-booked coast-to-coast flights at a "supersaver" round-trip fare of $231, which is 45% under the standard economy rate. Other carriers have spurred further price competition with bargains of their...
...with varying degrees of horror and resignation. The airlines are at last making money again: having lost by one estimate $94 million as recently as 1975, the major carriers could collectively earn a record $500 million this year, thanks partly to a post-recession upturn in air travel. But bargain plans will almost always have a "modestly negative" impact on earnings, insists Theodore Shen, airline analyst at Donaldson, Lufkin & Jenrette. So why are the airlines slashing fares...
...could expand into new routes now denied them. The smaller carriers, says Borman, would be forced to "retrench severely." Whatever the implications of the sky wars for the airlines' finances, as long as the great deregulation battle goes on, travelers can expect more fallout in the form of bargain fares...
...Santos team, his former squad (he will play the first half for the Cosmos, the second half for the Brazilians). Meanwhile, the soccer players are learning fast some of the more rewarding nuances of U.S. sports. They are in the process of forming a players' union to bargain for a bigger share of the gate receipts. Can soccer bubble-gum cards be far behind...
City and state officials struck their bargain in early August and announced it late last month...