Word: montreal
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Dates: during 1960-1969
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...travel revolution," editorialized the Montreal Star. "A stab in the back," groaned a U.S. airline official. "A death blow," conceded one Canadian railroadman. All were reacting in their own way to the announcement by Trans-Canada Air Lines and Canadian Pacific Air Lines that starting Jan. 2 all fares on continental flights of more than 600 miles will be slashed up to 25%. No longer, said the Star, would air travel in Canada be "considered the prerogative of the rich, the daring, or those on emergency missions...
...offs and landings are the most expensive part of every flight (heavy fuel consumption, airport fees, ground expenses), fares should not be calculated on a straight price-per-mile basis. Instead, statisticians worked out a new cost curve that drops as flights get longer. Thus, round-trip flights from Montreal to Vancouver, now $246, could be cut to as low as $182, while the $24 tab on the short Montreal-Toronto run should go up a few dollars...
Last week the Cuban state shipping line announced the immediate start of a freight service with Canada. From Canada's Saguenay Shipping Co., which eliminated its Montreal-Santiago freight service a month ago, came hopeful word: "The whole picture is under review...
ZECKENDORF EMPIRE has been cut back by $90 million. Bill Zeckendorf, president of Webb & Knapp, big U.S. real estate firm, sold off that much property this year to get cash to rescue beleaguered Freedomland and to help finance multimillion-dollar developments in Los Angeles and Montreal...
...others, covering their special fields or assigned to specific facets of the story, were Washington Bureau Chief John Steele, White House Correspondent Charles Mohr, State Department Correspondent John Beal, Latin American Specialist Jerry Hannifin, New York Correspondents George Bookman and Bill Smith, Chicago Senior Correspondent Murray Gart and Montreal Bureau Chief Gavin Scott...