Word: teal
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...building it are two very different things. Boeing's decision could make or break its business. "If Boeing does not launch the 7E7, it is putting the world on notice that it will probably never again develop a new jetliner," says Richard Aboulafia, an aerospace analyst at the Teal Group. "Even debating the issue casts doubts on its commitment to its current airplanes." Boeing's board hasn't officially given the go-ahead for the jet, which would start flying in 2008. But gung-ho Boeing executives have outlined to TIME their plans to launch the 7E7 and to build...
...domestic passenger traffic has been falling at an annualized rate of 7%, after growing 4% annually for the previous decade. "Four-figure business fares are like heroin to the airlines. They're addicted to them, but they're bad for their health," says Richard Aboulafia, an analyst for the Teal Group, an aerospace and defense consulting firm in Fairfax...
...pair of 1930s vintage chairs at a flea market outside Paris in 1994. But they were too small for 1990s American legs. When they approached leather wholesalers with their order, Gold and Williams found that American companies were not prepared for them: they could buy white leather or teal leather, but not basic brown. What's more, the key to the chairs was their age, their power to evoke the cigar-laden atmosphere of a bygone era, so the leather had to look old. After a long search, Gold found a factory in the Netherlands with a process for distressing...
...Congress. The DOT, with encouragement from North Carolina politicians, graciously complied and cut a check for a cool, taxpayer-funded $10.8 million on Nov. 30. Industry analysts were surprised by the Midway bailout. "This sets a new and dysfunctional precedent in airline economics," says Richard Aboulafia of the Teal Group. Aviation Daily editor Michael Miller called the move "a great public-works project for the state of North Carolina." Midway Airlines CEO Robert Ferguson would not return phone calls from TIME, but other reports have said the airline may try to start flying again this month...
Here's to the NFL's expansion Houston Texans, whose name is simple and classy (albeit incredibly unoriginal). Here's to other team names that appeal those who prefer pinstripes, blues or grays to teal-the Cowboys, the Bears and-it hurts to say it-the Yankees and Bulls...