Word: latinate
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Dates: during 1950-1959
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International airline operations in Latin America, only 13 years ago the virtually unchallenged preserve of Pan American World Airways and Panagra, have become the world's hottest commercial aerial battle. Fifty-six international lines, including 37 fast comers incorporated in Latin America, now fight for passengers...
...Aerovias flies from Panama to Miami for $55, v. the standard $94-and serves Scotch highballs on the house. Last week, grimly preparing to meet the competition, Panagra got set to introduce an excursion fare of its own that will undercut I.A.T.A. rates by 30%.* On the Cheap. Latin American airlines make rate-cutting work by an assortment of economies. Many fly aerial jitneys, such as war-surplus C-46s converted from U.S. Air Force freighters into lumbering passenger planes. Chile's thriving Cinta line paints its four-engined airliners Panagra yellow and green, and calls one flight...
Champagne Fare. But many Latin American airlines in the international runs have not had to cut rates to get business...
...turboprop Britannias of Aeronaves de Mexico feature speed; they have cut the New York-Mexico City flight to 6½ hours. Safety standards are generally high because inter national airlines must meet the require ments of the strictest country they land in, which in the case of 26 Latin American airlines...
...effect is bound to be a tighter squeeze on U.S. carriers. Braniff Airways, which began flying to Buenos Aires in 1948 and still gets a U.S. subsidy ($550,000 in the first half of 1957), may have to ask for more. Pan American's Latin American division, which in 1956 went off a subsidy that had been averaging $11 million a year, and Panagra, which went off subsidy at the end of 1954, may have to appeal again for aid from...