Word: fleetness
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Dates: during 1970-1979
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...certainly cannot join the armed forces. Italy presently has 541 generals to command an army of 267,570 men. (The U.S., by contrast, has 508 generals for an army more than three times as large.) As for the Italian navy, it has 1.23 admirals for every vessel in the fleet...
...buying jets, leasing them to the airline and depreciating them against profits, Hughes Tool could shelter much of its earnings from taxes. TWA lawyers say that the tool company avoided full taxation on $20 million in this manner. By the time TWA was in the air with a sizable fleet of jets in 1959, competing airlines were months ahead. In the suit, TWA lawyers asked for damages to make up for profits the line claimed it lost because of the delay. But the Supreme Court ruled that all of TWA's aircraft deals with Hughes Tool had been approved...
Such an incident would have gone virtually unnoticed in any major city in the U.S. In London, Fleet Street and the BBC treated the shootout as if it were a holocaust. The reason: that was only the third shooting of a suspect by a London policeman since...
...open fare" situation. Although Pan Am officials remain worried that too much bulk flying may cut into their scheduled-service sales, air officials in Washington are convinced that U.S. carriers stand to profit from the new era. As owner of the world's biggest (30) fleet of 747s, they reason, Pan Am has every chance of profiting the most because it has the most seats to offer to group travelers...
Guam's Andersen Air Force Base was the chief jumping-off point for U.S. bombers during the days between the sudden U.S. resumption of the bombing and its equally sudden cessation last week. When TIME Correspondent Herman Nickel visited the huge B-52 fleet there last April, the mood was mild and the pilots easygoing. Last week Nickel found a far grimmer spirit-at least until the bombing runs over the North were halted once again. His report...