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...profit last year, up from $343 million in 1976. Profits this year are expected by several Wall Street investment analysts to rise to the $700 million area. True, much of the recent increase has come not from flying but from plane sales, tax credits and hotel subsidiaries. Indeed, some carriers???Eastern, TWA, Northwest, Western?show declining operating profits. But the competition for passengers, especially nonbusiness travelers who make up 48% of the traffic, is certain to remain intense. So the number of low-cost fares will probably grow...

Author: /time Magazine | Title: Business: Airlines: All's War in Fares | 2/13/1978 | See Source »

...Western Europe and Japan, where the goal of reducing the possibility of human error is pursued with zeal and effectiveness, the safety record is also good. For the most part, major foreign airlines fly the same American-made planes as U.S. carriers???Boeings and McDonnell Douglas DC-9s and DC-10s. In Europe, particularly in France, Great Britain, West Germany and the other industrialized countries, airline technology is fully as sophisticated as it is in the U.S., and in some aspects the Europeans are more advanced. France, for example, uses a battery of jet engines to blast away fog from...

Author: /time Magazine | Title: The Nation: The Constant Quest for Safety | 4/11/1977 | See Source »

...airlines?and the best overseas carriers???take painstaking care of jets like the 747. Each plane, and each engine on each plane, gets a series of standard checkups. Even if it has no obvious problems, the jet receives an eight-hour maintenance check four times annually. Every year, in addition, mechanics wheel each plane into a hangar for two weeks and tear it down piece by piece, like federal agents hunting for heroin. Ceilings and floors are removed, every rivet and every cable is inspected. Engines are constantly being monitored and overhauled. The maintenance procedures are so complicated and expensive...

Author: /time Magazine | Title: The Nation: The Constant Quest for Safety | 4/11/1977 | See Source »

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