Word: panning
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Others argue that Assad is merely asserting Syria's role as the traditional defender of pan-Arab nationalism. As spokesman for this cause, Assad attacked Egyptian President Anwar Sadat for making the separate Sinai agreements with Israel that have, for the moment, shattered the Arab confrontation front. Since the second accord, Cairo and Damascus have been engaged in a bitter rhetorical feud. Egypt has taunted Syria for having sought a private agreement with Israel by begging for a cease-fire only 24 hours after the fighting commenced in 1973. Cairo newspapers have charged that Syrian "prisons and concentration camps...
...trumpeting of the Palestinian cause, is genuinely willing to make peace with Israel at some point. In light of Syria's long history of hostility toward the Jerusalem government, chances are that any man who succeeded Assad in the near future would be even more of a pan-Arab militant...
...Pan Am has still not flown entirely clear of financial thunderclouds. The airline's break-even point-49.4% of seats filled on an average flight-is one of the lowest in the industry, but Chairman William Seawell acknowledges that rising labor and other costs mean it cannot be reduced much further. He is also concerned that because lenders are sweating out the fate of their New York City bonds and shaky real estate loans, obtaining a new loan commitment could be difficult. Says Seawell: "It's ironic, since we're finally showing some progress. But getting...
Growing Markets. A far greater concern is what happens after that. To help raise capital, Pan Am has sold off more than $40 million worth of its least efficient jetliners since 1972, but it can hardly keep that up much longer. In fact, to compete in growing markets such as New York-Tokyo, the airline will soon have to add to its fleet new, longer-range jets like the Boeing 7475P, which can serve those markets nonstop. Yet it may have trouble obtaining massive long-term financing for any new equipment until, as Seawell puts it, "we return...
...With Pan Am recovering, Eastern Air Lines is now rated by some analysts as the most financially shaky of all U.S. air carriers. Last week it reported a third-quarter loss of $21.4 million ($17.8 million in September alone), v. a profit of $7.6 million in the comparable period of 1974. Simultaneously, it chose a new pilot: former Astronaut Frank Borman, one of the three who read from the Book of Genesis on Christmas Eve, 1968 as their capsule orbited the moon. Borman, 47, joined Eastern as a vice president in 1970; he became president last May and now takes...