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In an effort to keep their profits from plunging, more and more airlines are beginning to restrict the terms of their frequent-flyer plans. Several carriers now "black out" certain periods, such as Christmas and Thanksgiving weeks, during which passengers cannot fly free. Last year Pan American blacked out 70...

Author: /time Magazine | Title: Free-For-all In the Skies | 3/7/1988 | See Source »

The companies calculate that they will reap enormous benefits from their participation, some in direct sales, some in goodwill. Labatt Brewing has been getting almost unqualified public approval for its program of bringing the parents of Canadian athletes to Calgary to watch their children perform. Petro-Canada put up $35.6...

Author: /time Magazine | Title: Olympics: The Olympian Games That Companies Play | 2/22/1988 | See Source »

So it was all the more stunning when Nicaraguan President Daniel Ortega Saavedra climaxed the heated session with what appeared to be a remarkable set of concessions. Ortega agreed to meet within days with leaders of the U.S.-backed contras and to open direct negotiations for a cease-fire in...

Author: /time Magazine | Title: Central America Giving Peace Another Chance | 1/25/1988 | See Source »

Abbas Hamadei was captured last January at Frankfurt airport. One of his alleged kidnap victims, Schmidt, has since been released as a "goodwill gesture." As for Cordes, on the eve of the trial his keepers released his photograph along with a note urging West German authorities to "consider what happens...

Author: /time Magazine | Title: Trials: Intimidating Tactics | 1/18/1988 | See Source »

Gorbachev's dazzling visit to Washington for the summit of 1987 seemed to herald a new and more personable ball game in the 40-year struggle between the U.S. and the U.S.S.R. At center stage stood the leaders of the world's two most powerful nations, smiling warmly, shaking hands...

Author: /time Magazine | Title: The Spirit Of Washington | 12/21/1987 | See Source »

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