Word: low-cost
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...abroad on a nonscheduled basis. Now that the Civil Aeronautics Board has given the go-ahead for charter lines to reach beyond "affinity" groups and compete against regularly scheduled carriers for business from individual travelers (TIME, Oct. 9), the nonskeds are planning a big campaign to promote mass, low-cost air travel...
Nevertheless, TGC, or something like it, is not likely to be grounded for very long. Low-cost charter flights on both scheduled and nonscheduled lines have been available to just about anybody in Europe for nearly a decade, enabling millions of middle-and low-income people who could not otherwise afford air travel to jet off to vacation spots at amazingly low package rates. Typical enticements: Londoners can buy a threeday, all-expense trip to Moscow this winter for $71 or spend four days on the Costa Brava in Spain for $34; Danes can fly to Rome for a week...
Lest anyone doubt that it is determined to bring worldwide travel within the reach of most Americans, the Civil Aeronautics Board last week relaxed its rules for low-cost charter flights. The CAB waived the requirement that people who want to fly charters must belong to a club, a union or some other "affinity group." All that a traveler now has to do is sign up for a trip with a travel agent at least three months before departure and plunk down a 25% deposit. Agents must recruit a minimum of 40 people for each trip; all members...
...easing the charter regulations, the CAB said that it was reacting to "an irresistible and understandable public demand for low-cost public transportation." It was also reacting to the political clout of the officers of charter airlines, some of whom have made large campaign contributions. Today U.S. charter flights are about 50% cheaper than regular excursion fares on transatlantic routes. Under the new ruling, they may catch up with some of the European charter operators, who have given a tremendous lift to mass travel by offering surprisingly low-cost package tours...
...produced. But in the industrialized world, and especially in the U.S., it is possible to envision a policy that would devote a dwindling share of new investments to traditional industry while channeling more into such tasks as cleaning streets, improving education and law enforcement, upgrading mass transit and expanding low-cost medical service. Such a program in the developed nations might cause G.N.P. growth to slow, though not stop, since stethoscopes use less metal than refrigerators do. For that very reason, this program would conserve resources and minimize pollution, and it could result in a truer as well...