Word: fleets
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Named commander of the Second Fleet in the Atlantic in 1974, Turner resorted again to unconventional tactics. He checked on the readiness of his ships by making surprise visits by helicopter. Then he would toss a life preserver into the ocean and order sailors to save a hypothetical man overboard. His ambition was to become Chief of Naval Operations, but his plans were interrupted last March by his Commander in Chief. Since Turner remains in the Navy, he is accused by critics in the CIA of using the intelligence post as a steppingstone to the Joint Chiefs of Staff...
...Ladies and gentlemen," the intercom Li crackles, "out of the left side of the cabin are the remains of the Japanese Imperial Fleet." Banking sharply into the sunset, the Air Micronesia 727 circles the Truk lagoon. Coral reefs color the water in pastels of orange, yellow and green, interspersed with the darker shapes of sunken hulls. "It was on Feb. 16, 1944, that we spotted 'em," the voice continues enthusiastically. "Our fighters dive-bombed all day, and next morning when they finished mopping up, more than 60 ships were on the bottom." Only after a second turn around...
...week trips are the most popular, but budget-conscious vacationers can get away on a Miami-Bahamas run for as few as three days. Worldwide, there are somewhere around 75 cruise ships in service. Since a first-class liner costs at least $75 million to build from scratch, fleet owners customarily renovate aged vessels, packing them with tiny staterooms. The General W.P. Richardson, originally intended to carry troops, is now in its sixth incarnation as Eastern Steamship Lines' Emerald Seas...
...showing profits like they're going out of style," says Morton Erstling, senior vice president of Eastern. Other fleet operators freely trumpet similar claims, but since most lines are foreign (Italian, Norwegian, Greek, even Soviet), privately owned and keep tightly guarded books, hard profit figures are impossible to nail down. Some lines, in fact, enjoy subsidies and tax breaks from their governments. Shipowners can cut costs by reducing crews and paring down provisions when the passenger load is light. But on some runs, 93% of the berths must be occupied for the shipowner to break even, and a half...
...since it introduced the Valiant in 1960, has gone further and faster toward front-wheel drive than anyone. Its executives are the most bullish of all. Says Executive Vice President R.K. Brown: "In five years, when the entire industry will have spent $50 billion to rebuild an entire new fleet of cars for the North American public, people will look back and say it all started with Omni and Horizon." These are two snappy, speedy, lightweight cars that Chrysler is now showing off to the press, and will put on sale in mid-January...