Word: sas
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Dates: during 1960-1969
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...They played a football game in three acts in Fayetteville, Ark., last week. The first lasted 30 minutes, and Arkan sas had all the lines. The second lasted 26 minutes, and Texas was the lone star. The third lasted only four minutes, but it brought down the house...
...carriers are suddenly flourishing on their own. Last year Lufthansa in creased its profits over the previous year by almost 500 times, to $9,230,000. Air France has flown 16.3% more passengers so far this year than last, and its overall revenues are up 6.1%. Sweden's SAS moved from a $17 million deficit three years ago to a profit of $14 million last year. KLM Royal Dutch Airlines last month announced its first profitable quarter in five years-$4,000,000 in earnings for the April-June period. Rising on the New York Stock Exchange along with...
...helping the airlines get fuller use of their costly jet fleets, pushing up load factors past the break-even point for almost all major carriers. To increase profit margins as well as loads, the airlines are streamlining operations. Computerized electronic reservations systems and automated baggage handling have enabled SAS to eliminate 2,700 employees from the payroll in three years. BOAC plans a staff reduction of 18% by 1967. KLM has not only cut back personnel but has also reduced its fleet from 85 planes to 40-and is doing more business than ever. Lufthansa is switching completely to Boeing...
...Norway, is a rare example of several countries cooperating in a single transport commercial enterprise. Before long, the world may have another example. Exploratory talks are now being held among representatives of Pakistan, Turkey and Iran about the possibility of establishing a joint three-nation air system similar to SAS. A final decision will be made within a year, and the decision is expected...
...flights from April 1 to July 1, Pan Am's bookings to Europe are up 30% and TWA's 58% . Even more spectacular is the surge in reservations for flights to the U.S.; Alitalia and BOAC both have increases of more than 100% , while Air France, SAS, KLM, Lufthansa and Swissair have gained 12% to 30% . Airline executives expect a record number of tourists to be attracted to the U.S. by the bargain fares, coinciding as they do with the opening of the New York World's Fair...