Word: lufthansa
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Dates: during 1970-1979
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American commercial planemakers have long dominated the world skies, but their near monopoly is under assault. Last week The Netherlands' KLM and West Germany's Lufthansa, which up to now have operated predominantly U.S.-made fleets, both announced important buys of wide-bodied, twin-engined planes built by Airbus Industrie, a consortium backed by four European governments...
...order, for ten short-range A310s (with options for ten more), is the largest it has ever made. Lufthansa's purchase of 25 of the planes (and options for an additional 25) is the biggest order the decade-old consortium has landed. Equally significant, the sale marks the end of Lufthansa's overwhehning dependence on Boeing. Said Lufthansa Chairman Herbert Culmann: "We have no interest in turning a giant into a colossus...
...business. The U.S. plane industry will not suffer if its share of the world sales declines somewhat to 75%." Despite the burst of business for Airbus, Boeing has received 229 orders and options for the 767 and the 757. Moreover, before it made its Airbus buy, Lufthansa placed a $1.2 billion order for 32 Boeing 737s and 24 options, the largest plane deal ever made by a European carrier. Since Airbuses are fitted with U.S.-made engines and electronic gadgetry, one out of every three dollars spent on the European planes ends up in America...
...Lufthansa conspiracy included not only six stickup men but three airline employees and one "coach," who directed rehearsals for the operation. The ten were to receive fees ranging from $10,000 to Werner's $300,000. The rest of the loot apparently went to DiPalermo and another Lucchese capo, Paul Vario, one of the regulars at the old Roberts Lounge, who supervises rackets at Kennedy Airport for the mob. By now, the FBI suspects the money probably has been effectively dispersed through a maze of Mafia business channels...
...hunted thieves are quarreling, so too are their pursuers. New York police are angry at the FBI for making arrests before more evidence could be pinned down. They think, for one thing, that the coach who took on Lufthansa's Red Baron was James ("Jimmy the Gent") Burke. The former operator of Roberts Lounge, Burke is a crony of Vario's. Shortly before the Lufthansa robbery, Burke was paroled from prison where he was serving time for a previous cargo caper. So far he has refused to answer questions about the Lufthansa heist. Burke has not endeared himself...