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...with a better on-time performance and other improvements. Most passengers stuck with the airline. The real crunch may come next month when the peak season ends. "Once holiday price slashing is over, fares will have to increase," Harris said. "But to raise them at the rate necessary to offset the total increase in fuel prices would cripple business travel and all but obliterate pleasure travel." Harris must navigate such turbulence if he expects to fly Continental out of Chapter...

Author: /time Magazine | Title: AIRLINES: Back in a Tailspin | 12/17/1990 | See Source »

...first chapter, "Hijack," sets up the scenario for Saddam's invasion and how the U.S. and Kuwait failed to read his signals correctly. The authors report that last spring, Saddam demanded "$30 million in fresh money" from Arab leaders to offset costs accrued during the recently ended Iran-Iraq war. "Go and tell them in Saudi Arabia and in the Gulf that if they don't give it to me, I will know how to take it," he threatened...

Author: By Beth L. Pinkster, | Title: Saddam Casts a Winter Chill | 12/13/1990 | See Source »

INTELLIGENCE. American satellites can pinpoint every Iraqi deployment and troop movement and pick up electronic signals chatter among enemy units as well. They proved their capability during the Iran-Iraq war, when they supplied Saddam's forces with enough intelligence largely to offset Iran's advantage in numbers. Deprived of this assistance, the Iraqi troops this time will be fighting virtually blind...

Author: /time Magazine | Title: Kuwait: If War Begins | 12/10/1990 | See Source »

...better. Nevertheless, 48% of the works failed to sell. The auction had one very fine De Kooning, July, 1956, which sold for $8.8 million against the estimates of $5 million to $7 million. It might have been a $15 million painting a year ago, but at least its price offset the fact that none of the other De Koonings in the sale -- all later or inferior works -- found buyers. Philip Guston's Summer, 1954, joined the De Kooning as one of the few paintings to exceed its high estimate -- $1.1 million, against estimates...

Author: /time Magazine | Title: Art: The Great Massacre of 1990 | 12/3/1990 | See Source »

Last year, the council voluntarily paid for the weekend shuttle after the College stopped funding it altogether. This year, Jewett put the service back into the budget, but then slashed it as part of an effort to offset an unexpected deficit...

Author: By Gady A. Epstein, | Title: Shuttle Cuts May Be Delayed | 12/1/1990 | See Source »

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