Word: jumbo
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...only do we not meet friends regularly at funerals, we hardly see them at all. Who has time, with all the American tourists flooding the country? In one week last month, nine relatives from the U.S., four close friends and two friends of distant cousins were in Israel. With jumbo jets disgorging hundreds at a time, and more than 100 flights per day going in and out, Transport Minister Shimon Peres complains, "We prepared for 3,000 tourists a day. We did not expect 10,000." Tourism in the occupied territories, from
...rebuffed by the Senate, and the fate of Lockheed's L-1011 jet still hangs precariously in the Congress. Yet last week ailing Boeing, which has laid off more than 90,000 workers in the past three years, became the heavy favorite to develop a new line of jumbo aircraft. Its prospective client: the Japanese government, which is racing its engines to enter the superjet...
...Boeing came closest to offering what the Tokyo government wants. Final terms have yet to be worked out, but it is likely that Boeing will sell or lease to the Japanese basic design-and-production technology either for a short-range version of its famed jumbo jet, with the working name of 747-SR, or for a completely new superjet airbus that could carry up to 300 passengers but operate out of relatively short runways. Presumably, the Japanese would put up a production line with Boeing's help, and some of the plane parts would be built...
...airlines are prisoners of modern technology and old-fashioned competition. Whenever a manufacturer produces a bigger or racier plane, the chiefs of some leading airlines figure that they must have it, and then all other lines feel obliged to follow. The debut last year of the 356-passenger 747 jumbo jet left the lines with many more seats than they could fill. The lines added so many 747s in the last year that the number of seats on North Atlantic flights soared by 18%, to as many as 56,000 each way during peak summer days...
...effort to make sense out of the great rate confusion will be made when the 108 IATA members meet in Montreal later this month to debate changes in all air fares. Though the price fight is already helping to fill the excess capacity created by the jumbo jets, the brutal competition could undermine the ability of IATA to protect its members from undercutting each other right out of business. Airline executives fear precisely that-particularly if the price war spreads to adult passenger fares as well. At week's end, some major airlines set plans for $200 round-trips...