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...excessive borrowing for new aircraft, and a reputation for mediocre customer service. One crucial mistake was made during the '70s, when the company delayed modernizing its aging fleet of fuel- guzzling planes. By the time Eastern stepped up purchases of new fuel- efficient aircraft in 1972, it was facing steep replacement costs of up to $35 million for each 293-seat L-1011, and was short on cash. Says company Chairman Frank Borman, a former Apollo astronaut: "We had a substantial job of rebuilding to do. Our debt would not have gone up had we been profitable...

Author: /time Magazine | Title: Earning Wings the Hard Way | 2/3/1986 | See Source »

...managed to follow all of this, you will no doubt be able to understand why Joan Wilder, romance author extraordinaire, would want to help our hapless holy man escape from Omar's clutches, and walk all the way across the desert and up several steep cliffs just so she, Al, Jack and Ralph (Danny DeVito), whom they've managed to pick up somewhere along the way, can crash Omar's laser show and present the real jewel to his adoring public...

Author: By Cristina V. Coletta, | Title: Boogie Down the Nile | 1/31/1986 | See Source »

...Profession, a woman who has everything she wants except the respect of her newly adult daughter. Born in poverty but blessed with good looks and a raffish appeal, Kitty Warren went into prostitution and then brothel keeping. She proved to have a genius for recruiting talent and earning a steep profit, and grew to love the challenges of being a businesswoman. The role, the best Shaw ever wrote for a woman, centers on the scenes in which the mother tries to explain her life to a daughter who has always been sheltered from it, away at school. It brilliantly balances...

Author: /time Magazine | Title: Theater: Leading Ladies | 12/30/1985 | See Source »

...both cities, the flames started in lowlands and raced up steep hills to devour homes on the high ground, many valued at $200,000 or more. Baldwin Hills is an affluent, predominantly black neighborhood, sometimes called "the black Beverly Hills." Its houses are mainly sprawling stucco structures or split-level residences less than 35 years old. When the flames came, they fed voraciously off the wood-shingled, bone-dry roofs. Fireballs danced from rooftop to rooftop, driven by the winds and creating fire-storm drafts of their...

Author: /time Magazine | Title: A Fiery Tale of Two Cities | 7/15/1985 | See Source »

...kind of uneasy border between two worlds in northern & Manhattan. On the highlands to the west, atop Morningside Heights, are Columbia University, the Cathedral of St. John the Divine and graying, middle-class residential neighborhoods. In the valley to the east stretches Harlem. Separating them are the steep green slopes of the park, a wooded no- man's-land that even policemen hesitate to enter. It was on the eastern edge of the park one rainy night last month that Edmund Perry, 17, was shot to death during an alleged attack on a young policeman. The younger of two sons...

Author: /time Magazine | Title: Shattering a Fragile Dream | 7/15/1985 | See Source »

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