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...major carriers came up with their new fare in Geneva after a three-day meeting of the International Air Transport Association, the industry group that sets fares charged by most scheduled overseas carriers. IATA'S officials were pleased that the organization had moved swiftly enough to avoid a messy price war among members-and wage it instead with Laker...

Author: /time Magazine | Title: Business: Dogfight over the Atlantic | 8/29/1977 | See Source »

...Ethiopians. Heavy fighting has broken out between the two countries. The Western Somali Liberation Front, which is supported by Barre, claims to have killed at least 1,000 Ethiopians in savage battles in Bale province. The Somalis say that they have shot down three Ethiopian jets and a transport plane carrying Ethiopian paratroopers over Somali territory. The Ethiopians, who claim that the Somali insurgents are really part of Barre's army, claim to have killed 300 Somalis and knocked out 17 of their tanks...

Author: /time Magazine | Title: MIDDLE EAST: Maxi-Plots Behind a Strange Mini-War | 8/8/1977 | See Source »

...possible further problem for Lance is that as OMB chief he has often relied for air transport on the planes of corporate friends, some of whom are bankers. On April 24 he flew-without charge-from Atlanta to San Francisco in the private jet of Cox Enterprises, one of whose major shareholders is Anne Cox Chambers, Jimmy Carter's choice for Ambassador to Belgium. On May 17 he flew from Washington to Knoxville, Tenn., and back aboard the private jet of Knoxville's United American Bank, from which Lance has a $443,000 loan outstanding. Then the plane...

Author: /time Magazine | Title: THE ADMINISTRATION: Going to Bat for Beleaguered Bert | 7/25/1977 | See Source »

...legislation that would require at least 9.5% of all U.S. oil imports to be shipped in American-flag vessels by 1982. Greater use of the more expensively operated U.S. ships would eventually create jobs for 2.500 additional U.S. seafarers and. at the very least, add $110 million in increased transport costs to the nation's oil import bill...

Author: /time Magazine | Title: LABOR: Peace with Jimmy War on the Hill | 7/25/1977 | See Source »

...member why he belongs to his favorite cartel, and he most probably will answer that he would go out of business if competitors could undercut his prices. That has been the standard defense put forth by the International Air Transport Association (IATA), the industry group that sets fares for overseas travel on scheduled flights. Still, it is amazing what a little competition...

Author: /time Magazine | Title: TRAVEL: What a Little Competition Can Do | 7/25/1977 | See Source »

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