Word: profitably
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Dates: during 1970-1979
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That platform also contains provisions favoring downzoning--which preserves smaller neighborhoods--and the control of high-profit high-rise development, both positions that the independents have not accepted...
...since 1969, denied Government subsidy a year ago and seemingly on the brink of bankruptcy, Pan American World Airways last week served notice that forecasts of its demise have been premature. The airline reported a third-quarter profit of $42.1 million, v. a $500,000 loss during the same period of 1974. The turnaround is especially remarkable because it conies at a time when other airlines are in deep trouble: Eastern last week reported a huge third-quarter deficit (see following story), and TWA estimated it will lose $100 million during...
...into the black, Pan Am this year has slashed costs drastically. It has cut its jet kerosene fuel bills $30 million, largely by dropping unprofitable flights, and laid off more than 2,000 employees-or about 10% of its work force. Pan Am's third-quarter profit also reflects savings realized because of route swaps concluded with TWA and American Airlines earlier in the year. Those swaps eliminated head-to-head competition in flights to more than a dozen major overseas cities. In the fast-growing mid-Pacific market (California-Hawaii-Hong Kong), Pan Am has added flights...
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...
...tenant leaflet said Russo is "ignoring the responsibilities of his office in order to profit personally." They cited "curious low assessment figures" on the 15 pieces of property which Russo owns in the Cambridgeport and Central Square areas...