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Word: downdrafts (lookup in dictionary) (lookup stats)
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Chances that travelers flying the North Atlantic on scheduled airlines will pay sharply lower fares this summer hit a hard downdraft last week. The U.S. Civil Aeronautics Board turned down proposals from British Overseas Airways, Lufthansa, Alitalia and Olympic Airways for new low fares between the U.S. and Europe. BOAC, for example, had wanted to charge only $179 for a New York-London round trip during the off season, and $290 during July. The fares would have been for a 14-to-45-day excursion booked 90 days before takeoff...

Author: /time Magazine | Title: AIRLINES: Keeping Fares Aloft | 3/12/1973 | See Source »

United Air Lines, the nation's biggest, rounded out a year of record losses last week with an announcement that shook the industry like a sudden downdraft. After several days of boardroom skirmishing, George E. Keck was bumped as president of United and chief executive officer of UAL, Inc., the line's holding company. Almost as surprising was the choice of Keek's successor: Edward E. Carlson, the chief of Western International Hotels Co., which was acquired by UAL only last August. Carlson, 59, has never before been in the airline industry. In that troubled industry, there...

Author: /time Magazine | Title: AIRLINES: The Loner Who Lost | 1/4/1971 | See Source »

...routine developed during three foggy weeks of tests, a helicopter was flown to an altitude of 500 ft. above the mist, where it hovered until the turbulence of its downdraft traced a cir cular outline about 5,000 ft. in diameter on the upper layer of fog. The chopper then descended to 100 ft. above the fog and, at a speed of 30 m.p.h., began to fly in a gradually enlarging spiral pattern until it reached the edge of the circular outline. Within a minute, the fog began to fade away at the center of the circle. Ten minutes later...

Author: /time Magazine | Title: Meteorology: Chopping a Hole in Fog | 2/14/1969 | See Source »

Even then, Douglas was in a downdraft. Part of the trouble was that strong-willed Donald Wills Douglas Sr., now 74, had waited too long to move into commercial jet transports; the DC-8 lagged a year behind Boeing's profit-laden 707?and Douglas has yet to break even on the venture. After Donald Jr., now 49, took over the presidency, the company grossly underestimated both the demand and costs for its 90-plus passenger, twin-jet DC-9. Labor and parts shortages snarled production lines, and as a result Douglas lost at least $600,000 on each...

Author: /time Magazine | Title: Aerospace: Mr. Mac & His Team | 3/31/1967 | See Source »

...Downdraft. But he was not about to give up. It was almost inevitable that Mr. Mac should go all out to buy Douglas when he got a chance. He made a first overture in 1963 after picking up an estimated 200,000 shares of the California company's stock. Douglas rejected his advances, and McDonnell later sold his holdings at a handsome profit...

Author: /time Magazine | Title: Aerospace: Mr. Mac & His Team | 3/31/1967 | See Source »

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