Word: low-cost
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Morris A. Adelman, professor of Economics at MIT, said that current oil shortages and rising gasoline prices are due to several causes. He said that at the same time that the U.S. ran out of low-cost domestic sources and began importing more oil, an international cartel composed of the governments of oil-producing countries monopolized the supply...
...ironically, Pan Am may be helped by a phenomenon that it and nearly every other intercontinental carrier has fought against bitterly: low-cost group travel abroad. The International Air Transport Association, the carriers' cartel that has fixed prices on overseas tickets for 26 years, has been unable to agree on a 1973 fare structure for the heavily traveled North Atlantic routes, leaving the airlines to compete among themselves beginning Feb. 1 in an "open fare" situation. Although Pan Am officials remain worried that too much bulk flying may cut into their scheduled-service sales, air officials in Washington...
Weininger has taken up his station "to dramatize the importance of low-cost mental health service," explains Vicki Michel, director of the center. "We handle 500 cases a week and we get no public funding...
...listing of the greatest ski areas is both arbitrary and incomplete. But certain areas must be included in any compilation because they offer unsurpassed skiing or high-style après-ski atmosphere or low-cost accessibility-or all of that. Among them...
...scheduled lines have fought back by offering a bewildering variety of excursion packages, and some have resorted to illegal discounting of blocks of tickets to travel agents. Now the CAB is trying to clear up the mess by simply abolishing the affinity rule. Says CAB Chairman Secor Browne: "Low-cost charter availability is taking on the character of a right, which governments are increasingly being expected to protect and promote...