Word: techs
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Dates: during 1980-1989
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...A320's rapid commercial success is hastening that trend. Orders streamed in while the plane was still on the drawing boards, and 21 customers have signed to buy 319 of the high-tech jets at roughly $35 million apiece and have taken out options for an additional 203, making it the fastest-selling airliner in aviation history. Airbus, funded by the governments of France, Britain, West Germany and Spain, desperately needs those sales because its market share and profitability have been eroded by the U.S. dollar's decline. None of the A320's buyers canceled orders last week...
Airbus has a lot riding on the A320's success. Founded 18 years ago, the consortium has spent nearly $2 billion over the past four years to develop the high-tech plane. Although Airbus has succeeded in selling its earlier models, the A300 and the A310, to 58 airlines, the consortium's continuing losses have been aggravated by the weak dollar. The aircraft manufacturer prices its planes in U.S. currency but must pay most of its expenses in relatively stronger European currencies. The consortium last year boasted a 23% share of all worldwide aircraft orders, placing it behind Boeing...
...think that there are major changes in whatsociety expects from the medical profession," Rowesaid in explaining his move. "There are new issuesof biotechnology, there are tensions betweenconducting high-tech work, such as transplants anddealing with the local community...
Only the most disciplined can resist the urge for better equipment, new hybrids, the latest indestructible orchid. Tools that were once an extension of arm and soul are now computer driven and high tech. Smith & Hawken, purveyor of top-drawer English garden tools, has grown from two guys selling ! tools nine years ago out of a California warehouse to a $30 million business...
...Cambridge is a very good place for high-tech," he says. "Virtually every biotechnology company in Cambridge is affiliated in some way with Harvard...