Word: halfer
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Dates: during 1960-1969
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...compromise settlement. They formed a new subsidiary, BOAC-Cunard, which will handle transatlantic flights for both. The company will be an odd new kind of corporate bird for England-70% government-owned (BOAC), 30% privately owned (Cunard). London's Daily Mail called it "the half and halfer-a curious affair." The Labor Party's aviation expert, Fred Lee, wanted to know whether, under the new arrangement, "the taxpayer is going to subsidize Cunard losses," a point that no one really knows the answer...
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