Word: panning
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
There were few retreats. Some airlines, among them Pan American, TWA and Eastern, lost money as they battled increased wages and costs. Copper companies were down some 30% as a group from the first three months of 1967 because of strikes-which afflicted few other industries last quarter...
...Pan American, whose Clipper flying boats pioneered transpacific air services in the 1930s, would lose its long monopoly on U.S.-flag service to the South Pacific islands. But it would receive new lift elsewhere, including New York-to-Tokyo Great Circle flights in competition with Northwest and new services to Hawaii and the Orient from three West Coast cities. It would also get permanent permission for its recently inaugurated flights from New York to Hawaii and the Orient. Passenger stopover privileges on these flights, now limited to San Francisco and Los Angeles, could be expanded to other West Coast cities...
...Northwest, which now faces new Pan Am competition on the North Pacific route, which it once had to itself, would get a potential gold mine in fast-rising tourist traffic to Hawaii and the Orient, with direct routes from eleven cities ranging from Minneapolis to Boston...
...promised its first transpacific routes to the Orient (via Hawaii and Guam), a chance to become a genuine global airline in full competition with Pan Am for the fast-growing round-the-world passenger traffic...
...Eastern, which as recently as 1963 was shaky enough to ask for a $33 million subsidy, got a chance to change from a domestic carrier into a major international airline, giving Pan Am its first U.S.-flag competition in such South Pacific areas as New Zealand, Tahiti and the Fiji Islands-not from U.S West Coast cities (which Pan Am serves), but from eleven mainland points plus Mexico City and Acapulco...