Word: panning
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Dates: during 1980-1989
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After losing more than $1 billion since 1980 and nearly going bankrupt in the process, Pan American World Airways (1984 revenues: $3.68 billion) was in no mood to compromise when some 5,700 Transport Workers Union mechanics, baggage handlers and other ground employees walked out three weeks ago. The carrier responded by selling its food-preparation unit to Marriott In-Flite, an airline caterer, thereby eliminating the jobs of 700 striking kitchen employees...
...other hand Gian Marco Venturi has provided an outlet for the Peter Pan in us it with a wing shouldered jacket and cowed collar. Leather specialist Gianni varsace has opted for a look that combines the best features of prep punk and cosa nostra the six stalwarts in coordinatingly cashing suits and ties demonstrates that designers have given up trying to teach men now to match their clothes and have decided to convert tastelessness into tastelessness. They matched sets. In the liberated '80's ther is no need for six guys to share the same closed...
...philosophical differences. Dornan, once dubbed "B-1 Bob," has flown the controversial bomber and is a devoted fan. He also comes down on the Administration's side as a staunch advocate of U.S. support for the anti-Sandinista contras in Nicaragua. Downey calls the B-1 "a flying frying pan" and has repeatedly criticized policies on Nicaragua...
...Pan American Airways flew past one patch of labor turbulence last week but then jetted straight into another. The ailing airline (1984 revenues: $3.68 billion), which has not shown a profit since 1980, grounded most of its U.S. flights after some 5,700 mechanics, baggage handlers and other ground workers walked off the job Thursday shortly after midnight. The strike by members of the Transport Workers Union, which also sharply curtailed Pan Am's overseas operations, began less than 48 hours after the carrier had agreed to a new contract with its nearly 1,500 pilots...
...airlines have engaged in several costly and sometimes disastrous battles over fares. Last week the skirmishing resumed as American Airlines slashed prices on more than 2,400 routes by as much as 70%. Within 24 hours, American's new Ultimate Super Savers prices were matched by United, TWA, Delta, Pan Am, Western, Northwest and Republic...