Word: pan
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Dates: during 1960-1969
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...otherwise slow-moving stock market last week, the shares of seven of the nation's twelve big airlines climbed to alltime peaks. The high-flying seven: United, TWA, Pan Am, Eastern, Northwest, Continental and Braniff. With air traffic racing 26% ahead of 1965, the industry's first-quarter revenues rose 21%. Last week Pan Am said that its passenger traffic so far this year was up 30%. TWA reported that its revenues in May grew 19.5%, compared with the same month last year. Fast-growing Continental Airlines' May passenger traffic rose 29% on domestic routes...
...Asia. The military pays only about one-third as much per seat as civilians do, but because the lines can count on close-to-capacity loads and greater utilization of planes, the profits on military flights are not much lower than on civilian ones. Biggest military-airlift supplier is Pan Am, which already has 16 of its 100 jets on Viet Nam duty under a $44 million contract. Pan Am has cut its summer-peak transatlantic schedule from 288 to 266 flights a week...
...PAN by James Clavell. 590 pages. Atheneum...
...Hong Kong. The plague. War junks. Tongs. China clippers sailing on the tide (and on nearly every page). May-may, a Chinese concubine who gargles baby urine. Gorth Brock, a bastardo degenerado. Wolfgang Mauss. Shevaun. The priapic painter Aristotle Quance. Redhaired, green-eyed, sharkproof Dirk Struan, Tai-Pan (Supreme Leader) of The Noble House, trader in poppies, mayhem...
Nothing thrills Onassis more than profits, and he wants to get an Aristotelian share from the rich North Atlantic airline routes. Counting Olympic, 21 scheduled airlines will be dogfighting this year for some $800 million in revenues from an expected 4,100,000 passengers. Longtime No. 1 Pan American last year had 20.3% of the traffic, but faces increasing competition from TWA (17.7%) and BOAC (12.6%). During the traffic-heavy summer months, efficient, unsubsidized carriers like Pan Am and TWA can gross $27,000 on a typical flight, earn $15,000 per trip-an operating profit of 55%. Even such...