Word: flighting
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Icahn insists that the flight attendants must make $100 million in concessions if TWA is to become competitive. His demands: 17% wage cuts and a two-hour increase in the workweek, which now consists of some 20 in-flight hours. TWA flight attendants currently make an average of $35,000 a year, or 40% more than the industry norm. The union will accept 15% wage reductions but refuses to work as many hours as TWA is requesting...
...facing the union, Icahn is determined and defiant. He has hired nearly 2,000 nonunion flight attendants to replace the strikers. Says he: "The company cannot exist without these cuts. We've got guts. We're not going to chicken out." If the unions reject his demands, Icahn has threatened to sell all or part of TWA. Says he: "I am not going to stand by and watch this company bleed to death. If we can't make money, I will cash in my chips." But Icahn has worked his way into a trap: he could walk away right...
...spring pass 560,000 sandhill cranes, 9 million ducks and geese, more than 500 bald eagles, 104 piping plovers, 110 least terns and 96 of the world's remaining population of 171 whooping cranes. Few bird watchers are lucky enough to spot the latter along their 2,500-mile flight from the Gulf Coast of Texas to Canada's Northwest Territories. They are secretive, and they travel in small groups. But no one in the area along Nebraska's Platte River can avoid encountering the whooper's brethren, the sandhills, which tarry for weeks in concentrations...
...carriers steamed to the scene. But in the past the U.S. has usually been able to rely on its allies to provide forward staging areas for projecting U.S. power. The unwillingness of the French and Spanish to let American F-111s pass through their airspace on the long flight to Libya puts the U.S. on notice that it can no longer routinely count on allied support for its military adventures. It is by no means certain that Prime Minister Margaret Thatcher, besieged at home for permitting the F-111s to fly from air bases in Britain, would be so accommodating...
...Horowitz, though, the concerts are only the most visible, public part of an extraordinary journey of rediscovery and remembrance. It began two weeks ago, as the pianist and his wife Wanda Toscanini Horowitz, 78, stepped off Japan Air Lines Flight 440 from Paris. Before leaving New York City, the pianist had been sanguine about his chances of success, both as a musician and as a cultural ambassador. "I am not a Communist, but I can understand their way of thinking better than most Americans," he declared. "We all know there is good and evil everywhere. I was brought...