Word: clute
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Dates: during 1970-1979
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...rebel. Airline traffic has slumped 15% below a year ago, even though the industry has added more capacity. As a result, most major carriers are reporting losses: $55 million for TWA, for example, in January and February alone. Now the lines are starting what Eastern Tariffs Manager DeHart Clute calls an "orgy" of cut-price promotional fares in hopes of luring enough new travelers to pull the industry out of its tailspin...