Word: transporting
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WISCONSIN SENATOR WILLIAM PROXMIRE. He gained a measure of national recognition for leading the successful Senate fight against the supersonic transport, but otherwise lacks any broad constituency. He speaks often of the need for reordering priorities, cutting funds for the military and the space program in order to upgrade health and education. Proxmire believes that the economy will be the most important factor in the 1972 election and is waiting to see how Nixon's new policies fare. If he enters the April 4 primary in his home state, he may deny a victory there to any major candidate...
...high hopes are that the highway will open up the natural wealth of the entire 2,700,000-sq.-mi. Amazon basin-an area almost the size of the continental U.S.-and provide vast new resettlement lands for 500,000 homesteaders over the next five years. Says Transport Minister Mario Andreazza: "We have to conquer Brazil completely, and this will do it. Transamazonia will be the dorsal spine of Brazil...
...world airline industry, bound to gether in the 108-member International Air Transport Association, has been setting air fares for the past 26 years with only an occasional break in its façade of comfortable unanimity. All that will likely end this week. West Germany's Lufthansa has been the sole holdout against a new scale of North Atlantic air fares, and IATA has given the "Route of the Red Baron" until Sept. 1 to go along. If, as expected, Lufthansa refuses to reconsider, IATA members will be without a common rate package...
...airlines, international hotel companies and travel agents stand to be hurt by the higher costs of traveling abroad, which vacationers are already beginning to bear (see page 13). International air fares will not immediately go up as a consequence of dollar devaluation. The 108-member International Air Transport Association must unanimously approve any changes in the basic fare structure, and the members will not be able to agree on any increases for at least several months...
...advantage of cut-rate fares and jetting to Europe this summer, executives of 40 international airlines voluntarily grounded themselves in Montreal. In 40 days of meetings they tried to reach an agreement on a new set of transatlantic fares to be charged by all members of the International Air Transport Association (I.A.T.A.). The 108-member cartel has dictated the price of international air travel for 26 years, but by the time the meeting adjourned last week, it was no longer dictating. It had managed to work out a complex compromise, and the agreement may come apart before the summer ends...