Word: jetted
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Dates: during 1980-1989
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...himself and his investors by raiding and liquidating two dreary companies: Management Assistance, a computer maker, and Canal-Randolph, a real estate firm. Suddenly superrich, the Bard College graduate, reared on Long Island, N.Y., bought fashionable residences from Sun Valley to Switzerland, a 100-ft. yacht, a personal jet and a modern-art collection today rumored to be worth $100 million...
...partnership would have been unthinkable a few years ago. Sukhoi, the Soviet maker of military planes, and Gulfstream, the most prestigious name in U.S. corporate jets, are making tentative plans to build a supersonic business aircraft. In a $1 billion project, the two manufacturers hope to produce a jet that will fly at 1,500 m.p.h., twice the speed of sound, and carry as many as 20 passengers over a range of more than 5,600 miles. The plane would sell for about $50 million...
...sniped at slowly advancing government troops from windows, hundreds of foreigners and wealthy Salvadorans fled the country. The F.M.L.N. even carried the battle to the skies: for the first time in the ten- year-old conflict, the insurgents fired a surface-to-air missile at an air force jet. The sharply escalating violence not only raised fresh questions about Nicaragua's role in arming the Salvadoran guerrillas, but proved an unwelcome irritant for the U.S. and the Soviet Union on the eve of their Malta summit...
...Boeing can now get back to speed on its $85 billion backlog of commercial- jet orders. Under the new three-year contract, the machinists will receive 10% wage increases (their prestrike hourly pay range: $8.88 to $18.42) and lump-sum payments totaling 19% of gross...
Moynahan said he hopes the money will send a message to the politicians who find it; otherwise, he speculates, the balloons may hit the jet stream and waft down to Central America...