Word: pan
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Dates: during 1970-1979
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...remote East Coast outposts along what he called "Tobacco Road" routes. Alexander G. Hardy, former Senior Vice President of National Airlines, once hid overnight at Hannifin's apartment during an industry feud. Perhaps the most farsighted of them all was Juan Trippe, First Chief of Pan Am. Recalls Hannifin: "He kept telling me, 'We can make it easier for people to fly in bigger airplanes...
...Sabry Khalil Bana, 40, whose code name Abu Nidal means Father of the Struggle; he heads a dissident Palestinian group known as Black June, after the month in 1976 when Syrian forces invaded Lebanon and fought the Palestinians. Abu Nidal, whose terrorist credentials include a 1973 attack on a Pan Am jet at Rome's Fiumicino Airport in which 34 people died, is under a P.L.O. death sentence for disobeying orders. Last week's series of attacks suggested that the P.L.O. intends to wipe out Abu Nidal and strike back at the Iraqi regime that supports...
...carried 180 million passengers, a 16% increase over last year and the largest gain in airline history. Two weeks ago Eastern reached 78% of capacity, meaning that all aircraft flying on major routes at peak periods were totally jammed. Last month there were only seven unoccupied seats on all Pan Am planes arriving in the U.S. from Europe and the Middle East. The earnings of airlines are heading toward unprecedented heights, proving the old (and often ignored) capitalist doctrine that lower prices lead to higher demand, which in turn creates higher profits. In the first six months earnings jumped...
...surprisingly, United and Pan Am, which are two of the biggest airlines, are the most vocal advocates of deregulation. Explains Pan Am's Chairman, William T. Seawell: "The brightest and most satisfying prospect in Pan Am's future is our entry?at long last?into the American domestic market, as part of the deregulation trend." Delta and Eastern strongly oppose deregulation. Smaller and medium-size carriers are trying to line up merger partners to keep from being swallowed up by the big airlines if and when deregulation goes through. Texas International is trying to take over National. Defensive linkups...
...biggest, all-new, best-everything fleet in the world. So what happened this time? Nothing?so far. U.S. airline chiefs are playing a wait-and-see game. They claim that they will not order new aircraft simply as a reaction to this summer's sudden and unexpected surge. Explains Pan Am's Seawell: "If you buy new capacity for marginally priced traffic, you don't really get an adequate return on your investment...