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Unlike their workaholic American cousins, Europeans tend to see lengthy vacations as somehow part of the natural order of things. Thus unions are sometimes willing to accept a management offer for increased vacation time instead of a rise in hourly pay rates. As an official of Britain's Transport and General Workers' Union puts it, "What has normally happened is that the union has gone in to negotiate a 35-hour week and come out instead with a longer holiday...

Author: /time Magazine | Title: Eurovacations | 7/13/1981 | See Source »

...longer the invincible titans of air transport, major trunk carriers like Pan American, United, Braniff and TWA are now fighting off brutal competition from hosts of new airlines, some with only a few planes and a quick-thinking team of marketing men. Their business strategy: a sort of fast-food style of jam-'em-in, fly-'em-off air service. The upstarts have been spawned in large part by the airline deregulation drive that began during Gerald Ford's presidency and is likely to be accelerated by the Reagan Administration...

Author: /time Magazine | Title: Shake-Out in the Skies | 6/29/1981 | See Source »

...laws that place restrictions on everything from arms to export credit. Haig planned to inform Peking that Washington is prepared to loosen the controls that now govern trade between the two nations, thus paving the way for the Chinese to buy such items as radar equipment, computers and transport aircraft. In addition, the Secretary of State wanted to discuss the possible sale of arms. Ever short of funds for modernization, the Chinese prefer technology transfers and licensing agreements that would allow them to build on their own such products as the General Electric J79 jet engine...

Author: /time Magazine | Title: Repairing the Chinese Connection | 6/22/1981 | See Source »

...America's frontiers. And so they remain. What happens in future international struggles in politics and economics will depend in an important way on U.S. ascendancy in air and space, the vigor of the industry that produces new machines and the vision of a President in regulating peaceful transport, nurturing exploration and employing new weapons...

Author: /time Magazine | Title: The Presidency by Hugh Sidey: Symbols of War and Peace | 6/22/1981 | See Source »

...business, competition from our allies is stunningly evident. From gliders to missiles, a dozen nations are seriously challenging U.S. technology and salesmanship. Yet the men from Lockheed, Boeing, Martin-Marietta and scores of other U.S. firms were upbeat. The Soviets were quiet, their stodgy aircraft, like the Il-86 transport, displaying a technological lag. And Ronald Reagan's new defense plans and action in lifting Jimmy Carter's "leprosy" policy (U.S. embassies were ordered not to help arms sellers) were a tonic that may nudge the $57 billion industry off a plateau, providing thousands of new jobs. America...

Author: /time Magazine | Title: The Presidency by Hugh Sidey: Symbols of War and Peace | 6/22/1981 | See Source »

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