Word: buying
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Dates: during 1970-1979
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Some airlines offer as many as 90 fares and discount packages, and no one knows how many are in effect on all the lines. In general, however, the international cut-rate fares fall into two price categories. The first is budget, which requires buying a ticket three weeks in advance and checking with the airline a week in advance to find out the departure day. The price: $299 round trip New York-London, vs. $764 for regular economy class. Or, for the same price, the passenger can buy a ticket on the day of departure and "stand by," hoping...
...British connection would probably make Boeing's new-generation aircraft easier to sell in the Common Market. European governments sometimes have forced their airlines to buy their own country's planes even though they were inferior to U.S. craft. France and Britain have been the worst offenders, saddling Air France and British Airways with money losers from the Caravelle to the Concorde. The European carriers now claim that they are free to pick the best jet. The problem is that the Boeing 767 and Airbus 310 are so close in price and performance that the Europeans?and the dozens...
...world. So what happened this time? Nothing?so far. U.S. airline chiefs are playing a wait-and-see game. They claim that they will not order new aircraft simply as a reaction to this summer's sudden and unexpected surge. Explains Pan Am's Seawell: "If you buy new capacity for marginally priced traffic, you don't really get an adequate return on your investment...
...bargain hunters are everywhere. Some companies have started to put junior executives on the cramped, cut-rate flights (while senior managers, complaining of the crush on commercial lines, are clamoring for the firm to buy more executive jets). The General Accounting Office, noting that the Government spends $470 million annually on airline tickets, has urged that the bureaucrats take the bargain flights...
...Laker ticket office outside London's Victoria Station, 1,500 young people queued up for days to buy tickets to New York. As shown in the photo on the facing page, they slept on the sidewalk under makeshift plastic tents while it rained all week. On Thursday, with conditions worsening every hour, the British Civil Aviation Authority moved. The strict regulations rationing sales of low-fare tickets were bent, allowing airlines to use up their August, September and October stand-by quotas now in order to get stranded Americans home. Still, it will take weeks to move...