Word: cabs
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...busload of middle-aged women hell-bent on reaching the graveside of their dead king on the first anniversary of his death. That was how I came to meet Janey Cray, who swooned over Elvis when she was young and sweet, and who now spends sleepless nights in the cab of a tractor-trailer rig, squinting out over burning cigarettes at interstate highways as she roams from city to city, transporting sides of beef and chocolate-covered cherries in a refrigerated trailer. And that was how I came to be chatting with a man carrying a revolver in a pitch...
...CAB agrees...
Whether the biggest airline consolidation since the early 1960s will actually take place may not be known for months. The deal still has to be approved by Pan Am and National shareholders, the Civil Aeronautics Board and President Carter. CAB Chairman Alfred Kahn fears that his policy of less regulation and more competition among airlines may be spurring a lot of panic mergers that would lead to less rather than more competition. The CAB is known to have preferred that Pan Am build up its own domestic base instead of taking over another airline's system, but the board...
...CAB and the White House must both approve any merger. Pan Am will argue that with National under its wing, it will be able to compete more effectively against foreign flag carriers. Most of them are government owned or heavily subsidized; in their own countries they have the access to domestic routes that Pan Am has long sought but never been able to grasp...
Whether the CAB will approve the deal is unclear. The board's new theology is deregulation, giving carriers more freedom to set fares and fly where they please. But Chairman Alfred Kahn, a free-market advocate, is worried about one of its side effects: pressure on smaller carriers to seek mergers with bigger ones. Besides the Pan Am-National deal, at least two other mergers are in the talking stages, Continental with Western and North Central with Southern. In interviews with TIME Correspondent Jerry Hannifin, Kahn said he would take a dim view of mergers that seem to amount...