Word: twa
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Dates: during 1960-1969
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...delays cost them $50 million last year in extra crew time, fuel costs and other expenses. The A.T.A. also figures that passengers lost another $50 million in wasted time. The problem will become more acute when the jumbo jets are flying. "From the point of view of economy," says TWA Airport Planner Donald Graf, "you can't let a 747 stand around too long. They're so expensive that we've got to get them back in the air as quickly as possible...
Campione figures that Aerhotels will get most of their business from the new 450-passenger jumbo jets. Following the trend started by TWA, which shuffles packaged tours into Hilton hotels, and Pan American, which feeds customers to its Intercontinental chain, Aerhotels will serve Alitalia travelers...
There were few retreats. Some airlines, among them Pan American, TWA and Eastern, lost money as they battled increased wages and costs. Copper companies were down some 30% as a group from the first three months of 1967 because of strikes-which afflicted few other industries last quarter...
...running. Last February, the newly merged company got off to a fast start with an order from American Airlines of 50 subsonic DC-10s capable of carrying up to 343 passengers. But after that, competing Lockheed Aircraft got all the business with its L-1011. Lockheed signed up TWA, Eastern, Delta, Northeast, and a British airplane sales company for a total of 172 planes. McDonnell Douglas, which will not break even until it sells around 100 airbuses, grimly admitted that unless other orders came in, the program would be scrapped. Now there is no danger of that...
...TWA was promised its first transpacific routes to the Orient (via Hawaii and Guam), a chance to become a genuine global airline in full competition with Pan Am for the fast-growing round-the-world passenger traffic...