Word: peakings
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Dates: during 1970-1979
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...this year, U.S. airlines have carried 180 million passengers, a 16% increase over last year and the largest gain in airline history. Two weeks ago Eastern reached 78% of capacity, meaning that all aircraft flying on major routes at peak periods were totally jammed. Last month there were only seven unoccupied seats on all Pan Am planes arriving in the U.S. from Europe and the Middle East. The earnings of airlines are heading toward unprecedented heights, proving the old (and often ignored) capitalist doctrine that lower prices lead to higher demand, which in turn creates higher profits. In the first...
Even at that reduced rate, the surge would give quite a lift to the disparate businesses and entrepreneurs that benefit from travel, including skycaps, tour guides, restaurants, hotels, car rental companies and retail chains. Certainly fares will continue to decline, though the sharpest cuts will be on off-peak, midweek and overnight flights. On the thesis that you get what you pay for, the airlines probably will adopt three classes of service. There will be first class for expense-account executives and wealthy tourists, in some cases with stretch-out beds like Japan Air Lines has begun to offer...
...chimerical name of Kennedy. Sixth Avenue remains just that to many New Yorkers in spite of diligent efforts to promote the general use of the 33-year-old legal name, Avenue of the Americas. Mount McKinley is still not generally accepted by Alaskans, who tend to prefer the peak's original designation, Denali...
Never had the war of words between the Middle East's two outspoken protagonists been quite so bitter; never before had their personal animosity been so nakedly displayed. As Cairo's semiofficial daily al-Ahram put it last week: "The Middle East question has reached a peak of political and diplomatic confrontation that is no less ferocious than the October War." Nonetheless, Washington remained hopeful that Secretary of State Cyrus Vance might breech the gap a bit on his trip to the Middle East this week. Both sides, in fact, are expected to participate in another foreign ministers conference like...
...lead the nation effectively. His apprenticeship has already lasted too long, according to a number of veteran observers, and he has too far to go before he becomes a skillful practitioner of Washington politics. Public opinion surveys have chronicled a fairly steady slide in presidential popularity-from a peak of 75% of those queried by the Gallup poll approving his handling of the presidency in March 1977 to only 44% approving this May. With growing frequency, Washington insiders speculate that Jimmy Carter may in fact occupy the White House for just one term...