Word: would
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Dates: during 1980-1989
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...industry's maintenance crews. The panel called for a $563 million overhaul of 1,900 aging McDonnell Douglas jetliners around the world, including some 900 DC-8s, DC-9s and DC- 10s. The recommendations, which the Federal Aviation Administration is expected to endorse swiftly for U.S. planes, would range from replacing rivets to reskinning entire jets...
Airline executives firmly deny that a debt-heavy buyout would affect their maintenance practices. "There sure as hell won't be any scrimping on maintenance here," says United's O'Gorman. "Our rule is that time and cost are not considerations when maintaining airlines." At Northwest, which paid a $650,000 fine to the FAA last month after a 1988 inspection turned up a list of maintenance problems, officials contend that the carrier has an ample cash flow to repay its debt without lowering its maintenance standards. Wall Street analysts tend to accept such views. Says Julius Maldutis, who follows...
...Washington politicians have been diligently studying measures to curb airline buyouts. A bipartisan bill drafted by Arizona Republican John McCain and Kentucky Democrat Wendell Ford, who chairs the Senate Aviation Subcommittee, would give the Transportation Department the authority to reject proposed takeovers if they involve too much debt. At the same time, Transportation Secretary Samuel Skinner is devising an Administration policy on how to respond to the takeovers...
Honecker and his colleagues are well aware that theirs is a rump state, legitimized only by the practice of what they call socialism. Hungary and Poland could dilute their socialism and still remain ethnic and national entities. But such experiments in East Germany, its leaders fear, would simply hasten the swallowing of their state by the larger Federal Republic next door. In the well-noted words of senior Communist Party ideologist Otto Reinhold, "What reason would a capitalist G.D.R. have for existing next to a capitalist Federal Republic? None, naturally...
Honecker's most likely successors, veteran Politburo members Egon Krenz, 52, and Gunter Mittag, 62, who have been filling in for him at public ceremonies, are at least as conservative. The rise of either of them to the top job would mean no change from the present course. "They are signaling that the old line is the right line for the future," says Fred Oldenburg, senior analyst at the Federal Institute for East European and International Studies in Cologne...