Word: montreal
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...West German carrier had already rejected a compromise fare proposal worked out this past summer in Montreal by other members of the International Air Transport Association. The proposal, which included special advance-purchase excursion (Apex) fares for passengers who buy their tickets three months ahead of departure, could not go into effect without Lufthansa's approval, since all such IATA decisions must be unanimous. Lufthansa, the only holdout, stalled past the final deadline last week, then announced its own, even lower round-trip fares between New York and Frankfurt. They...
...time for the airlines to do something to fill their half-empty seats, to meet fierce price competition from nonscheduled charter airlines and to pass on to the passenger some of the new jumbo jets' tremendous economies of scale. But as the drawn-out negotiations last summer in Montreal showed, few airline managements could agree on what should be done. Now they may have little choice but to follow Lufthansa's lead...
Died. Dr. Phil Edwards, 64, physician and Canadian Medal-winning runner at three Olympics; of a heart attack; in Montreal. Edwards starred in track at New York University, later became an authority on tropical and chest diseases. At the 1936 Olympics in Munich, he and other black athletes, including Jesse Owens, debunked the Nazi theory of Aryan superiority...
Faster Cash. In the end, the new fares will probably turn out to be similar to those in the IATA plan rejected by Lufthansa. That arrangement, worked out by IATA representatives in Montreal this summer while pickets protested their secret meetings, came after members began underpricing each other with youth fares. It calls for retention of the student prices for ages 12 to 21 and introduction of an advance-purchase excursion plan. Under APEX, as the ar rangement is called, passengers who buy their tickets 90 days ahead of time would receive substantial fare reductions. Lufthansa considered APEX...
...adopt, IATA members are generally reluctant to start a price war. "Most trans atlantic airlines are hard put to make ends meet these days," explains Luft hansa Spokesman Claus Dehio, "so fares will have to be kept to a reasonable level, probably just below the rates suggested at Montreal." Still, there is considerable feeling that IATA fares must come down to a level competitive with charter airlines, which are stealing a growing volume of North Atlantic passengers by offering fares as low as $90 one way. Though traffic between E rope and North America on the sched uled lines...