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...crash in Japan was the fourth major air disaster this year. It followed the apparent midair disintegration of an Air-India 747 off the coast of Ireland on June 23, in which all 329 occupants perished. In February, an Iberia Boeing 727 crashed into a mountain in Spain, killing all 148 aboard. Just two weeks ago, a Delta Air Lines wide-bodied Lockheed L-1011 failed to reach the runway while attempting a landing in a thunderstorm at Dallas/Fort Worth Airport, dooming 134. The accidents seemed to have little in common; in all but one, however, widebodied airliners were involved...

Author: /time Magazine | Title: Disasters: Last Minutes of JAL 123 | 6/21/2005 | See Source »

...that the lead singer of the rock band Duran Duran calls "the worst experience of my life." Le Bon, 26, was asleep in the cabin of his 77-ft., $1.8 million yacht Drum during the final leg of the international Admiral's Cup race about two miles off the coast of Cornwall last week when the keel snapped off and the craft capsized. The singer and five of the 24-man crew were trapped in an air pocket below deck, where they waited for 40 minutes until a navy diver helped them swim to safety. "I feel very lucky...

Author: /time Magazine | Title: People: Aug. 26, 1985 | 6/21/2005 | See Source »

...twelve-day journey took John Paul to Togo, the Ivory Coast, Cameroon, the Central African Republic, Zaļre, Kenya and, this week, to a final stop in Muslim Morocco. As in two previous African journeys, in 1980 and 1982, the turnouts were exuberant, totaling more than 1 million in Zaļre alone. Says Cameroon's President Paul Biya, himself a Roman Catholic: "The Pope loves Africa, and Africa loves the Pope...

Author: /time Magazine | Title: Religion: Strengthening Spiritual Ties | 6/21/2005 | See Source »

Alaska Airlines, with $800 million in cash, is second to Southwest in benefiting from hedging, according to industry analyst Cordle. The low-cost carrier, which largely serves the West Coast, has netted more than $100 million in savings from its smart hedging positions since 2002. This year the airline will buy half its fuel at $30 per bbl. But like Southwest's, that spread will diminish by the end of the decade. By then, all airlines will have to face the reality that their core business--not their fancy financial instruments--can be the only guarantor of success. JetBlue...

Author: /time Magazine | Title: Energy: Hedging Their Costs | 6/20/2005 | See Source »

...combination of Stanford and Harvard would provide a West-Coast East-Coast one-two punch that would start to generate real pressure on other universities to follow suit,ā€ Prendergast told the Stanford Daily...

Author: By Daniel J. Hemel, CRIMSON STAFF WRITER | Title: University Divests From PetroChina | 6/9/2005 | See Source »

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