Word: fleetly
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...There were 509 passengers aboard the 747SR, a short-range version of the jumbo. JAL and All Nippon Airways are the only airlines that fly this model, which is structurally strengthened to absorb the jolts of the frequent takeoffs and landings required by shorter routes. As part of its fleet of 49 747s, the largest of any carrier in the world, JAL operated ten of the short-range types, which can accommodate more seats. The flight to Osaka (pop. 2,625,000), a commercial center 250 miles southwest of Tokyo, was sold...
Sanko's troubles began in 1973 when the Arab oil embargo dealt a severe blow to the world shipping industry by reducing the demand for tankers. Instead of taking that as a warning signal, Sanko continued to expand its fleet, despite growing competition from companies based in other Asian countries. By 1983 an oversupply of tankers had swamped the industry, and Sanko slipped into the red. While in bankruptcy proceedings, Sanko will try to stay afloat by scuttling some of its 264-ship fleet. ENERGY Slippery Job for Lloyd...
...their nervous joke is that the Plant is owned by the U.S. Government. Federal marshals seized the studio in September after its owner was accused of buying the establishment with money from drug manufacturing. The Plant, which has recorded platinum albums for such artists as Stevie Wonder and Fleet-wood Mac, is considered one of the country's ten best studios and rents for about $1,250 a day. After the bust, the Plant stood padlocked for two months. But since the Government intends eventually to sell the property, officials decided that the studio would be worth more...
Bystanders stared in wonder last summer as the fleet of 20 midnight-blue Cadillacs arrived in downtown Peking amid the clutter of buses and bicycles. The limousines, complete with built-in bars and TV sets, were the newest showpiece of an enterprise that is as remarkable in China as the luxury cars. Known as China International Trust and Investment Corporation, the state-owned firm woos foreign investors with a combination of savvy, sizzle and shrewd business skill. Said CITIC Chairman Rong Yiren, as he took delivery of the first Cadillacs to be acquired by a Chinese organization since the Communists...
COVER: Airlines say "Happy New Year" with a rousing round of price rollbacks 40 Air travel used to be an expensive way to go, but a new fleet of cut-rate carriers, led by People Express, is now offering low fares from coast to coast and on hundreds of routes in between. The attractive price of tickets has encouraged more people to take more flights to more places than ever. Travelers who used to ride the bus or drive are hopping a plane. See ECONOMY & BUSINESS...