Word: braniff
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Dates: during 1970-1979
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...hide the banality of the original theme, and Balanchine's ensemble choreography is often surprisingly distracted and cluttered. On the other hand, Jo Mielziner's nighttime airline setting is one of the City Ballet's best, and the fanciful costumes by Irene Sharaff might give Braniff a few good ideas. For all its frivolity, PAMTGG does display, once more, Balanchine's uncanny skill at catching the aesthetic potential in America's mass culture and at fusing pop dance with ballet. Slightly dated in its style, the dancing of PAMTGG seems to have been inspired...
...traveler, the vast distances between outlying parking lots and terminal buildings. To link a new and distant parking area to its sprawling terminal, Chicago's O'Hare International Airport may install moving sidewalks. One Dallas parking lot is already connected to the terminal by Braniff's "Fastpark Jetrail," a passenger-carrying monorail. Los Angeles is planning an air-cushion vehicle route that by 1973 will link L.A. International Airport and a huge parking space 16 miles away, at the juncture of the San Diego and Ventura freeways. By 1980, air-cushion vehicles will connect Los Angeles with...
...airline industry these days resembles an executive-suite version of The Matchmaker. Pan Am is flirting with Eastern Airlines and has an eye on Braniff. Northwest Orient last week won permission to take ailing Northeast for better or worse but lost the dowry it had expected. The Civil Aeronautics Board ruled that Northeast's Miami-Los Angeles route was not part of the arrangement-which consequently could fall through. Meanwhile, American and Continental were both vying for Kirk Kerkorian's Western Airlines, and American took over Trans-Caribbean, which flies between the East Coast and some Caribbean points...
...investment in the company. For example, E. Grant Fitts, the president of Gulf Life Holding Co., is accountable to his stockholders for LTV securities that once had a value of some $34 million but are now worth only about $8.8 million. The word around headquarters last week was that Braniff Airways President Harding Lawrence, husband of Adwoman Mary Wells Lawrence, will be a powerful figure on the new LTV board...
...installments. Last week LTV announced that it expected to prepay up to $47 million of the debt "in the near future." The money will come from the sale of Wilson Sporting Goods, which was disposed of in February. Discussions have also been going on with several possible purchasers of Braniff Airways and Okonite Co., two sizable pieces of LTV that Ling agreed to sell in return for the Justice Department's withdrawal of its J & L antitrust suit. Those sales could be held up, however, by Federal Judge Louis Rosenberg, who will begin hearings next week in Pittsburgh...