Word: klm
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...jets and the bitter competition for passengers to fill the bigger jets. West Germany's Lufthansa last year lost about $25 million, Scandinavia's SAS about $17 million, and Britain's BOAC at least $28 million. Latest victim of the jet squeeze: The Netherlands' KLM, one of Europe's few privately managed airlines, and long among its most profitable...
...Caracas Electrical Co. Machado, who runs the airline on the side for a salary of $8,000 a year, has turned LAV's old losses into profits by cracking down on bribes and padded payrolls and by negotiating a reciprocal jet-leasing agreement under which VIASA jets carry KLM passengers from Caracas to New York and KLM DC-8s handle VIASA traffic between Lima and Europe...
...Africa. In Trippe's view, only a single U.S. flag carrier can compete successfully on the North Atlantic routes, where both Pan Am and TWA have lately suffered heavy traffic losses to state-owned foreign airlines (BOAC, Air France, KLM, etc.). Pan Am also fears a threatened invasion of its traditional Latin American preserve by Russia's Aeroflot, which has been quietly negotiating its way across Africa toward Rio de Janeiro...
...better-off who wish to leave still crowd the Pan Am and KLM flights at the rate of 2,000 a week, having been compelled to leave all their money behind...
...Dutch, Indonesia's activity in the area seemed suspiciously like the prel ude to a full-scale invasion, and they rushed reinforcements to the area. Two destroyers and two submarines sped to ward New Guinea from California and Mexico. KLM diverted passenger jets from the Amsterdam-New York run to fly some 1,500 marines out to the Pacific...