Word: panning
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Last Thursday, passengers on Pan American Airways' Friday plane from New York to London were called to the phone. They were informed that the flight had been canceled. Late that night, they were called again. The flight had been rescheduled-but only as far as Shannon, Eire. Said Pan American mysteriously: "This situation arises from Government restrictions [cutting] flight schedules . . . to London. We can give no assurance of onward transportation from Ireland...
...Seattle, Boeing Aircraft bustled with good news. Hit hardest of all by V-J day cancellations, it was on the way to health with its first big postwar plane order. Pan American Airways ordered 20 of Boeing's 80-passenger Stratocruisers, peacetime version of the 6-29, at a cost of around $1,000,000 apiece. Boeing, now making ten of these ships for the Army, hopes to start delivering them to Pan Am by next November. With them, Pan Am expects to fly nonstop from New York to London in eleven and a half hours...
...Pan American Airways last week made good on a promise. It slashed the New York-London fare from $572, one way, to $275, dropped the roundtrip fare to $495. Thus it became the first airline to set fares on a par with first-class steamer rates...
Down too went its transatlantic air-express rates, from $2.02 per pound to $1.17. Pan Am also shaved passenger rates on the New York -Lisbon run and on many a Latin American route. Signifi cantly, the drop in rates was greatest -as on the Atlantic routes - where the competition was keenest. Having sunk its knife deep into the hides of competitors, Pan Am then gave it a turn. Said Pan Am: when it gets its new planes now on order (see below) it plans to cut rates again...
Despite ample warning, Pan Am's competitors were caught with their rates up. American Overseas Airlines went on charging $572. Britain's BOAC charges $647 one way, $1,299 round trip. But the American Express Co. was on its toes. On the basis of the new fares, it offered a two-week, all expense air tour of Europe next summer. Price...