Word: traffice
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Dates: during 1950-1959
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...fill all the expensive new planes that will soon be flying. At the 15th annual meeting of the International Air Transport Association in Tokyo last week, Director General Sir William P. Hildred posed the problem, and provided an obvious answer: "We shall have to feed progressively larger gobbets of traffic to these monsters or they will eat us up, capital...
...markets are inexhaustible so long as we keep the fares down, down, down." Yet after three weeks of bitter wrangling at a Honolulu traffic conference, the 90 airlines from 50 nations who belong to IATA could not agree on any general scheme of fare reductions on world air routes. The international rate-setting conference broke up in failure, and the stage was set for a rate war when the current air-fare agreement runs...
...American argues that similar increases can be expected in world air traffic if rates are cut. The airline recently completed a jet study that forecast a 65%-to-80% increase in passenger traffic between North America and the Orient over the next three years, if fares are reduced...
...novelty, consumer credit caused no traffic jam in the stores. Reason: the hard-to-get goods in greatest demand, such as automobiles, refrigerators and TV sets, were conspicuously missing from the credit list. And lest the Russian shopper think that the consumer millennium is just around the corner, Premier Khrushchev, on his way back to Moscow from Peking, told a Vladivostok audience that the U.S.S.R. has no intention of trying to equal U.S. automobile output. "We will use automobiles more rationally than the Americans do," he said. "We are going to establish taxi pools, where people can use cars when...
...Impresario Arthur Godfrey, 56, mending after lung cancer surgery (TIME, May 11), popped up in Oklahoma City to accept a bronze plaque from the conventioning Air Traffic Control Association. The award was given in salute to Godfrey's frequent airing of problems in the plane-filled skies...