Word: jumbos
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Likewise, corporate treasurers once accused of being too timid to make major long-term spending decisions, such as approving a costly new plant, have become heroes. That factory might have made a healthy profit after a few years, but the jumbo bank certificate of deposit that he bought for $100,000 immediately earns nearly...
Singapore Airlines has long been known for its elegant, poised stewardesses, whose teeth and manners are polished by company-paid dentists and the airline's own training school. Last week S.A. became known for something a little less gracious: high-altitude gambling. An S.A. 747 jumbo jet took off from Singapore, bound for San Francisco, with one row of tourist-class seats filled not with paying passengers but with six slot machines...
...month-long trial of the slot machines proves successful on the Singapore-San Francisco run, S.A. will install them on the remainder of the airline's fleet of 16 jumbo jets. Airline officials profess that they are not endorsing gambling, only providing their customers with a different form of in-flight entertainment. It is also one that could help make up for revenues lost to seat-occupying passengers...
...thunderstorm, the tiny Professional Air Traffic Controllers Organization?representing 85% of the 17,500 federal employees who direct the nation's air traffic?veered wildly off course. It flew into a rage against its employer, launching an illegal federal strike. An angry Ronald Reagan, revving up the full jumbo-jet power of the U.S. Government, deliberately bore down on the defiant union. The result was inevitable: the controllers crashed, the U.S. kept flying...
...Progressive Federal Party (P.F.P.) attracted voters who regard Botha's cautious moves as a series of improvised compromises that will neither placate blacks nor ultimately prevent armed confrontation with them. P.F.P. Leader Frederick van Zyl Slabbert called Botha "an illusionary figure of reform" and his promises "vague mumbo jumbo." The P.F.P. gained nine seats in the new parliament, bringing its total to 26. They also dealt the Nationalists their worst single blow, defeating Minister of Industries Dawie de Villiers in his Cape Town constituency. It was the first time an incumbent National Party minister had failed to be reelected...