Word: fleetly
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Dates: during 1970-1979
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...propellers. Commercial jetliner service in the U.S. had begun, and with it the inescapable problem that faces people and airplanes alike: aging. About 90 jet planes currently used by major U.S. airlines are almost as old as the commercial jet age itself. The average age of the U.S. fleet is 7.9 years; hundreds of aircraft are nine to twelve years old. To replace aging aircraft, airlines will need $26 billion between now and 1985. To many analysts, that sum seems unattainable for an industry plagued by a long record of poor earnings and lackluster appeal on Wall Street...
...order was particularly significant. Only last year the airline shocked the industry by canceling plans to buy 50 planes because of the uncertain economic outlook. Its new planes, like those for the other carriers, will be replacements only and will not increase the size of United's fleet. United will trade in 28 of its old DC-8s to Boeing and will finance the purchase with existing cash plus money generated internally from earnings and depreciation. It will be getting quieter, more economic planes. Each of them, United executives estimate, will save 1,300 gallons of fuel ($428 worth...
...muddy, winding Amazon tributary that runs through the Ludwig property, is engaged in transforming a vast stretch of virtually unpopulated jungle into a self-contained commercial kingdom. Already it has half a dozen airstrips serviced by Jari planes, hundreds of miles of roads well traveled by a fleet of more than 500 Jari cars and trucks, and a series of towns and hamlets populated by 10,000 workers. The capital of this jungle kingdom is Monte Dourado (present pop. 3,500), a sprawling new community of attractive bungalows, town houses and apartments. A Jari-built hospital staffed by seven doctors...
TIME has also learned that the Israelis have provided the Christian Lebanese with a small navy, whose mission is to intercept ships heading for the remaining Moslem-held port of Sidon. The fleet consists of five gunboats of the Israeli navy Dabur class and three of the smaller Yatush class. According to one Israeli who helped train 100 Lebanese sailors to man them, the boats represent "the first 'Christian' navy in the Mediterranean since the Crusades...
Clearly, the bonanza had turned into something of a bust for the Pentagon. The once legendary MiG-25 no longer provided so strong an argument for obtaining more appropriations for the U.S. fighter fleet. Michigan Democrat Robert Carr, a member of the House Armed Services Committee, declared that "as a demonstration of technology [the MiG-25] calls into serious question the Pentagon claims of mushrooming Soviet military gains...