Word: delta
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Dates: during 1990-1999
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After a marathon bidding session for the prime pieces of the bankrupt Pan Am, the spoils went last week to the most low-profile of the Big Three U.S. carriers: Delta. The Atlanta-based airline bested its rivals with a $1.7 billion bid for assets that will put Delta on a par with megacarriers American and United. Delta will acquire Pan Am's Northeastern shuttle, its North Atlantic routes and the airline's strategic hub in Frankfurt. Pan Am will survive as a shadow of its once mighty self, providing service to the Caribbean and Latin America. But Delta will...
...roller-coaster career curve is hardly unique. With the exception of a macho-arts maven like Steven Seagal, whose films routinely pick up an easy $40 million, nearly every modern star's box-office graph zigzags as wildly as an Axl Rose delta gram. Robert Redford and Clint Eastwood have dominated movies for a quarter-century, but their latest pictures have played in empty theaters. Robert De Niro, the most admired actor in films, went a decade after The Deer Hunter (1978) without a hit. Then he appeared in three commercial successes: GoodFellas, Awakenings, Backdraft. When Bruce Willis flexed...
...just after 8 a.m. on Sept. 23, 1985. Ken Kennedy, assistant special agent in charge of Miami's Drug Enforcement Administration office, is cruising down I-75, the Everglades Parkway, in his big blue Olds Delta 88. Over his two-way radio, Kennedy hears the squawk of an Air Force Black Hawk helicopter that is tracking a drug-laden plane from Colombia. The dope runner decides to land his plane on an unfinished section of I-75, not far from where Kennedy happens to be. "The copter guys are yelling, 'We have him!' " recalls Kennedy. "And I'm looking everywhere...
Having tentatively stabilized TWA's finances, Icahn is bidding against industry giants Delta and United for choice Pan Am routes to Europe. He may have help from American, which does not want its large rivals to capture those assets. TWA could finance the deal by selling some of the routes to American and keep some to bolster its own strength. Icahn has always insisted that an executive with his own money on the line makes a better manager. Now he's got to prove...
...nation's youngest, best-educated and most productive work force. It has launched an aggressive economic development program to create new jobs at a rate of 30,000 a year. About 80% of these positions were started by local entrepreneurs. But Utah has also lured such companies as Delta Air Lines, Fidelity Investments and Sears' Discover Card...