Word: jetted
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Dates: during 1970-1979
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...jumped 16.3%, and for the full year should hit a record $1 billion. This year's surge, says Eastern Air Lines President Frank Borman, the former astronaut, "has been above our wildest expectation. We have become mass transit, and this may be as revolutionary as the introduction of the jet engine itself...
...nation's airlines also wonder where they are going. Since the jet-age began 20 years ago, their mercurial industry has ridden through three booms and three busts. During expansive periods, lines have ordered too many new jets, and seats have been left unfilled when the economy leveled off or turned down. This time the airline chiefs are determined to avoid the riches-to-rags syndrome...
...fares and routes has passed the Senate but is bogged down in the House. It is expected to pass eventually, though probably not this year. Deregulation would be the most radical change in U.S. aviation history, greatly affecting the lines' ability to raise money for their next cycle of jet purchases...
...their own country's planes even though they were inferior to U.S. craft. France and Britain have been the worst offenders, saddling Air France and British Airways with money losers from the Caravelle to the Concorde. The European carriers now claim that they are free to pick the best jet. The problem is that the Boeing 767 and Airbus 310 are so close in price and performance that the Europeans?and the dozens of Asian and African airlines associated with them in sales and maintenance setups?may decide to buy the local product...
...Airbus A310 is derived from the larger and highly successful A300, the first twin-engine and wide-bodied jet. The Dash 400 is a slightly smaller version of the Lockheed TriStar 1011. Lockheed is also experimenting with a long-range model, the Dash 500, which would fly 6,100 miles at one stretch...