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...companions had worked in San Salvador for an organization called Corporate Air Services. The group, he said, had been supervised by "two naturalized Cuban Americans" named Max Gomez and Ramon Medina who "worked for the CIA." The pair, claimed Hasenfus, did most of the flight coordination, "oversaw all our housing projects, and also refueling and some fright plans...

Author: /time Magazine | Title: Nicaragua: Shot Out of the Sky | 6/21/2005 | See Source »

...fated flight began at Ilopango military base, on the outskirts of San Salvador. The camouflaged Viet Nam-era C-123K air transport, with Panamanian registration HPF821, lifted off late Sunday morning with four crewmen aboard, droned south over the Pacific Ocean, then headed east near the Costa Rican-Nicaraguan border. About 60 miles inland, the plane veered northeast toward the Nicaraguan garrison town of San Carlos. According to Nicaraguan accounts, as the craft dropped down to 2,500 ft. and prepared to discharge its cargo, a 19-year-old Sandinista soldier, José Fernando Corales Aleman, raised his shoulder-held, Soviet...

Author: /time Magazine | Title: Nicaragua: Shot Out of the Sky | 6/21/2005 | See Source »

...have Americans dying in Mr. Reagan's dirty war," said the Foreign Ministry's Bendaña. In Washington, Administration officials insisted that the arms drop was a "private" matter they knew nothing about. Said State Department Spokesman Charles Redman: "The U.S. Government had no connections with the flight, the plane, the crew or the cargo." Declared Kathy Pherson, spokeswoman for the CIA: "The guy doesn't work for us, and CIA is not involved. There are congressional restrictions on assistance to the contras, and we do not break those restrictions...

Author: /time Magazine | Title: Nicaragua: Shot Out of the Sky | 6/21/2005 | See Source »

Administration officials tried to counter charges that the U.S. had sponsored the Hasenfus flight by suggesting that he and the crew had been working for retired Army Major General John K. Singlaub, 65, the controversial head of a Phoenix-based group called the World Anti-Communist League, which raises money to support anti-Communist insurgents around the world. A frequent visitor to El Salvador, Singlaub is said to have helped the contras buy arms, but he denies any connection to the downed plane or its unfortunate crew...

Author: /time Magazine | Title: Nicaragua: Shot Out of the Sky | 6/21/2005 | See Source »

...battle. Few thought Icahn would ever be able to turn around the airline, which lost $193 million in 1985 and $257 million in the first half of this year. But after a series of hard-nosed measures, including victory in a three-month strike by TWA's 6,500 flight attendants, Icahn was able to announce earnings of $72 million for the third quarter of 1986. He has promised an unspecified profit for the fourth quarter. If he delivers, it will be the first time TWA has finished that period in the black since 1966. Even so, says J. Clarence...

Author: /time Magazine | Title: Takeover Tugs-of-War | 6/21/2005 | See Source »

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