Word: cabs
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Dates: during 1970-1979
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...slung his gut back in the cab of his pickup with the point of his rifle stuck out the window and he roared one more time with his booming voice...
...this year, up from last year's $25 million and 1970's $85 million loss. Executives of six U.S. airlines that either lost money or made only minor profits last year (American, Eastern, National, Northeast, Pan Am and TWA) expect to do much better in 1972. As CAB Chairman Secor Browne says, "the airlines have essentially turned the corner...
...only is passenger traffic running 3.2% ahead of 1970, but the lines have laid off some 10,000 employees, deferred $185 million worth of new plane orders, eliminated about 700 flights from their schedules, and otherwise cut operating costs to the leanest levels in years. The CAB last April granted the trunks a 6% fare increase and is expected to permit another 3% rise this spring. The wage controls of Phase II will probably help hold down the industry's labor costs, which have risen at least 43% per employee since 1966 and account for nearly half...
...factor in the recovery is President George Spater's successful campaign to focus on the growing leisure market by picking up routes to Hawaii, the South Pacific and the Caribbean. Pan Am lost $48 million in 1970, and its future looked so bleak last year that the CAB's Browne raised the possibility of some kind of federal assistance for the line. Now Wall Street analysts figure that Pan Am will break even this year and turn a substantial profit in 1973. United Air Lines reduced its losses from $41 million in 1970 to about...
...will elect to go on to graduate school. The recruiting drought has also produced a new institution in post-graduation planning: the breather year, during which graduates take an extended break before finding a job or continuing their education. Some temporary dropouts travel abroad, others take undemanding jobs as cab drivers, ski patrollers or bartenders to help unwind from the pressures of college life. At Dartmouth, 18% of graduating seniors say that they will take a pause of at least a year before resuming their careers...