Word: lowing
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Dates: during 1970-1979
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...deserted as well by the airlines, which would dump marginal and money-losing routes. The biggest lines would have an advantage over smaller ones because they could concentrate their vast fleets on the most lucrative markets. They could also use their financial muscle to set rates at such low levels that weaker lines would be forced to fold...
...fares. They functioned smoothly only as long as planes were not being filled by passengers with confirmed reservations. Now the standbys are left stranded in appalling situations. To their woe, a few foreign carriers, notably El Al, Iran Air, Air-India and British Airways, have tried to match low U.S. transatlantic fares and have ended up with thousands of irate standbys on their hands. Most foreign airlines have resisted the deep discounts, and they have far fewer problems, at least on the North Atlantic...
...campaign in Washington against what Treasurer Jack Pierce calls "predatory financing." Indeed, Borman got a good deal, which includes a $250 million loan guaranteed by European government agencies. Somewhat reluctantly, the U.S. Export-Import Bank has agreed to try to meet the European terms by making more of low-interest loans available to foreign buyers of U.S. aircraft...
...days to buy tickets to New York. As shown in the photo on the facing page, they slept on the sidewalk under makeshift plastic tents while it rained all week. On Thursday, with conditions worsening every hour, the British Civil Aviation Authority moved. The strict regulations rationing sales of low-fare tickets were bent, allowing airlines to use up their August, September and October stand-by quotas now in order to get stranded Americans home. Still, it will take weeks to move...
FRANCE Flights into Paris' Charles de Gaulle and Orly airports were delayed an average of 16 hours, and many were held up for two days. Airport cafes and bars ran low on food and drink. Pharmacies had a run on inflatable cushions. Telephone coin boxes became so full that they jammed. At one point, Royal Air Maroc canceled flights. Angry passengers charged its offices at Orly and had to be restrained by riot police, who later took up positions to protect other airline ticket counters. Finally, bars were banned from serving liquor. Complained Frank North of Portland...