Word: tiers
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...effects of fare wars and sluggish ticket sales, which have buffeted lesser players in the airline business in recent months, finally hit the industry's top tier. Boeing, the world's biggest planemaker, announced that it would lay off 28,000 workers over the next 18 months -- nearly 20% of its total work force. Meanwhile, British Airways, widely touted as "the world's most profitable airline," did manage to report a profit, but barely. Earnings for the third quarter fell to $28.7 million, a stomach-wrenching 80% drop from a year...
Shortly thereafter, a defensive giveaway resulted in a break for the Green's Scott Fraser; his top-shelf finish meant that for the third straight game, the Crimson faced an uphill battle against a second-tier ECAC...
...second tier of economic advisers, Clinton reached out to women and liberals and added several allies. Laura D'Andrea Tyson, 45, a Berkeley economics professor named to chair the President's Council of Economic Advisers, counseled Clinton during the campaign on trade and industrial policy, and recommends a larger role for government in directing the economy. Robert Reich, 46, a Harvard lecturer named Labor Secretary, has been a close friend of Clinton's since their time at Oxford University as Rhodes scholars. ^ Reich argues that deficit spending is justified if it is directed at such areas as public transportation...
Western governments operate successfully on both models. But the particular state of politics in Russia tilts the balance in favor of Yeltsin. Far from being a driving force for change, the current two-tier parliament, made up of a permanently working supreme soviet and a larger Congress of People's Deputies that meets at least twice a year, has turned into a major bastion of communist and conservative opposition to reform. The legislature is a cross section, frozen in time, of political forces active in the Soviet Union back in 1990, when the last elections were held and Communist Party...
...from a company that was so hard up two years ago its officers told its pilots to taxi out to the runways on one engine instead of two in order to save fuel. In one swift maneuver, Continental may have swerved away from a penurious future as a second-tier operator and headed back toward the front ranks of major carriers. Within hours of Ferguson's announcement, the industry was buzzing with talk of other new partners that might extend the Houston airline's reach in Asian and other markets...