Word: pans
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Dates: during 1980-1989
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...Pan Am cuts fares...
They practiced hard enough to win the Pan-Am Games and finish second in the World Championships during the summer of '67. Then, after extending Harvard's string of undefeated collegiate seasons to five, they found themselves at the starting line of that amazing Olympic Trial race in Long Beach, California, which marked the first time that four American crews who had all broken the six-minute barrier for 2000 meters had ever faced each other...
...from Western Reserve and a Harvard Masters in public health, and a researcher in epidemiology (the study of risk factors contributing to the outbreak of epidemics)--spend many of his evenings singing with undergraduate men and women half his age? Is there an element of the Peter Pan syndrome at work here, an attempt to retain youth through proximity...
...industry executives were skeptical about Acker's ability to transfer his Air Florida tactics to Pan Am. Most doubted that Air Florida's chairman, Eli Timoner, who originally hired Acker to run the airline, would let his former colleague get away with it. Said Timoner: "No one beats Air Florida at its own game." True to that boast, the airline posted $69 New York-Florida fares, undercutting both Eastern and Pan...
Many airline men were angry last week over what Pan Am had wrought. Snapped Neil Effman, TWA's senior vice president for airline planning: "I am not sure who can win this war. We may all end up losers. This industry has been marching toward bankruptcy like a bunch of lemmings, and we at TWA are not going to follow them over the cliff. Managements who engage in this kind of tit for tat should be fired." TWA tried to keep its cuts selective. Although it reduced prices on some flights, it maintained the normal $129 fare from...