Word: easterners
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Dates: during 1980-1989
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They have suddenly become the airline industry's most surprising partners. Frank Lorenzo, chairman of Texas Air, oversees two carriers -- Eastern and Continental -- that are plagued by union strife, deep operating losses and sloppy service. Jan Carlzon, president of Scandinavian Airlines System, pilots a peaceful, profitable, smooth-running fleet. Yet last week the two men shook hands on a deal billed as the industry's first global alliance among major international carriers. For up to $50 million, SAS will buy a 10% stake in Texas Air and gain greater access to the U.S. market by leasing the rights to three...
...week's end Lorenzo was working on another bold move. Sources close to Texas Air confirmed that both TWA chairman Carl Icahn and New York developer Donald Trump were negotiating with Lorenzo to buy all or part of Eastern. Trump's particular interest is the shuttle connecting Boston, New York City and Washington...
...shopping, the eastern "City of Angels" has already begun to eclipse Hong Kong and Singapore as the bargain basement of the East, its low prices beaten even lower in a minuet of smiles and shrugs and bartered murmurings of "Mai pen rai," or "Never mind." Temptations are ubiquitous. Stalls line the main streets of the city from morning to midnight, hawking $10 "Rolexes," 80 cents pirated cassettes, silk ties and suitcases and noodles; river markets assemble impromptu on the canals at dawn; and 40 shiny department stores sell everything from computerized horoscopes to tiger cubs. In Bangkok, moreover, high standards...
...Dukakis' Eastern anchor, as even Republicans privately concede. But his advantage has shrunk, tempting Bush strategists to plan the kind of mischief they have perpetrated in Massachusetts. "We're going to put enough into New York to make Dukakis come back to hold us off," promises deputy campaign manager Rich Bond. Sure enough, Dukakis was scheduled to come to the Empire State on Columbus Day. Dukakis will also have to devote more time to Pennsylvania, which on paper seemed promising for the Democrats this year. Now it has become open country...
...Thai Cuisine, the tiny kitchen at the far end of the Chinatown Eatery, is like the rest of the store-front restaurants, a congenial, family-oriented place. After the trauma of squid and other eastern exotica, something with chicken in it sounds appealing...