Word: consortium
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...Airways ordered $500 million worth of wide-bodied L-1011-500 TriStars from California's Lockheed Corp. Eastern Airlines handed the Europeans an important victory over U.S. planemakers by closing a $778 million package deal to buy 19 A300-B4 minijumbos from Airbus Industrie, a French-German-Spanish consortium. That will be the biggest U.S. purchase of European aircraft ever...
Boeing's plane will face tough competition for some $50 billion in aircraft orders expected in the 1980s. The fuel-efficient, 229-seat Airbus, made by a French-German-Spanish consortium, will be a strong challenger. Neither McDonnell Douglas nor Lockheed has yet announced new high-technology planes. Instead, they will offer modernized versions of the DC-10 and L-1011. Boeing is gambling big that the airlines will prefer an all-new plane that will still be flying, and coming out in up-to-date versions of its own, in the year...
Apparently not content with his sales commissions on the nuclear deal, Disini acquired the Philippine Summa Insurance Corp., which promptly won a portion of the $693 million policy sold to the National Power Corporation to cover the Bataan plant. The ambitious entrepreneur also bought controlling interest in the consortium of firms that are constructing the generator under contract from Westinghouse. But the fate of these lucrative enterprises may now be in doubt. Marcos last week ordered his Department of Industry "to look into what corporations of Mr. Disini's can be legitimately divested from him, especially those for which...
...each other in order to get a majority vote. But eventually, the Social Democrats and the C.D.S., both of which favor an expansionist economic policy, found it intolerable to support policies that they had no role in formulating. The crunch issue was a proposed $1.5 billion loan from a consortium of Western countries and the International Monetary Fund. The conservative opposition accused Soares of yielding too easily to the IMF's insistence on such restrictions as low economic growth (1%), devaluation of the escudo and other austerity measures...
...Greek youth's peregrinations between 1964 and 1972, when Getty Museum Curator Jiri Frel viewed him in Munich, are uncertain. By then, ownership was claimed by Artemis, a Luxembourg-based art consortium. Getty, the late oil billionaire, had begun a collection of Greek and Roman antiquities at his U.S. home in Malibu, Calif., and expressed interest in the statue. But even he balked at the asking price-about $5 million. After his death in 1976, officials at his museum continued the quest for the statue, finally arriving at a deal this year...