Word: jumboes
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...confidence with a steady stream of verbal taunts. The Aces' reward: the Julius T. Nachazel Memorial Trophy, made from a couple of tin cans and some cut-glass jewels and named after a retired Michigan Tech professor whose name had appealed to the tournament's director, Jumbo Jim Davis...
...film, however, shows Malcolm's development from star preacher for Elijah Muhammad to independent political figure. The transformation is told in newsreel footage that still holds the power to singe the conscience. We see Malcolm on street corners, fervently laying down the Black Muslim gospel of mumbo-jumbo racism, castigating the "palefaces" and "white devils" and attracting the angriest, most disaffected of blacks with his unyielding insistence on racial pride. Then we watch a rift develop between Malcolm and Elijah, a break that began with Malcolm as part of his political growth...
...Anglo-French Concorde project was announced a decade ago, the estimated cost was $440 million. This month the two governments gave the latest, far from final estimate: $2.5 billion. Each Concorde will cost some $49.4 million with spare parts, or 83% more than the present price for a 747 jumbo jet. It is small wonder that the builders, British Aircraft Corp. and France's Aerospatiale, do not have a single firm order so far, although 16 airlines have options for 74 planes. The builders do not expect all those options to be taken up. Even state-owned BOAC...
Halaby can hardly be blamed for all of Pan Am's problems. Almost as soon as he took over, the industry was caught in a recession that reduced travel. Trippe had ordered 25 Boeing 747 jumbo jets that Halaby found he could neither fill nor sell. Though he fired or retired some three dozen senior executives in his first year as chief, Halaby was saddled with many more nonproductive middle-and upper-level man agers left over from the Trippe era. The company's unionized workers grew ever bolder in their demands, and Pan Am's average...
...chairman and chief, is expected to fire more people. He takes charge at a time when many airlines are in a steep climb; as a group they lost $125 million last year but expect to be well in the black this year. Pan Am, still saddled with too many jumbo jets and no domestic routes, may be left behind. Its archrival, TWA, turned around from a $63 million loss in 1970 to a profit last year. Seawell, formerly president of Rolls-Royce's U.S. subsidiary and senior vice president of American Airlines, is known as a good problem solver...