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...fact, the inquiry had struck a discordant note in Anglo-American relations. The criminal investigation, begun in 1983, was supposedly looking into the possibility that British Airways and other North Atlantic carriers had conspired to cut prices to drive Britain's Laker Airways out of business. Before his airline went bankrupt in 1982, Freddie Laker had offered round-trip fares between London and New York for as little...

Author: /time Magazine | Title: Investigations: Grounded: One Airline Inquiry | 12/3/1984 | See Source »

...British Rock Music Entrepreneur Richard Branson, 33, succeed where Freddie Laker failed? The answer began unfolding last week as Branson's new airline, Virgin Atlantic, made its maiden flight from Gatwick Airport near London to Newark Airport near New York City. It carried 465 passengers, most paying a cut-rate $138, about $230 less than current standard transatlantic fares. The price will rise to $167 on July 1. An ultra-plush first-class service is also available at $1,400, about the same that other carriers charge for first class...

Author: /time Magazine | Title: AIRLINES: A Successor to Laker Takes Off | 7/2/1984 | See Source »

Branson maintains that Laker failed because he bought too many planes too soon and then was battered by the sinking value of the pound against the dollar. A big fleet is not Branson's problem. As of last week Virgin Atlantic consisted of one airplane, a Boeing Branson with a model of his Virgin aircraft...

Author: /time Magazine | Title: AIRLINES: A Successor to Laker Takes Off | 7/2/1984 | See Source »

Momentarily, 6-ft. 9-in. Laker James Worthy seemed about to redefine the forward position with his quickness, just as Magic Johnson, roughly the same size, has revolutionized guard play with his height. But the last few regulation seconds in Game 2 were unpromising for both men. Protecting a two-point lead but not the ball, Worthy tossed the tying basket directly into Celtic Guard Gerald Henderson's grateful path, and dribbling absently Johnson lost track of the time. As would become increasingly clear, the new model is an improvement over Oscar Robertson only in the open court...

Author: /time Magazine | Title: Sport: Laker Talent, Celtic Team | 6/25/1984 | See Source »

Much was made of Celtic Whooping Crane Kevin McHale's impersonal garroting of horn-rimmed Laker Kurt Rambis in Game 4. But there was a more telling development during that game, when Boston Guards Henderson and Dennis Johnson decided themselves to swap defensive assignments, and the latter efficiently took custody of Magic Johnson. The fact that K.C. Jones was open to the idea describes the Celtics' first-year coach, a humble former backcourtman who minimizes his part in eight Celtic championships by saying, "My fingerprints are all over the coattails of Bill Russell...

Author: /time Magazine | Title: Sport: Laker Talent, Celtic Team | 6/25/1984 | See Source »

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