Word: lufthansa
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Dates: during 1980-1989
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...reason: lack of business. Says Hal Rosenbluth, president of a Philadelphia travel agency: "I think the public tends to perceive the U.S. flag carriers as targets." The airlines most immune to the slump are national carriers of northern European countries, which include the Netherlands' KLM, West Germany's Lufthansa and Belgium's Sabena. Israel's El Al, which adheres to rigorous security measures, also remains popular...
Henry Hill's specialties included arson, auto theft, bookmaking, bribery, drug dealing, horse-race fixing, credit-card fraud, extortion and freight hijacking. He organized the much publicized 1978-79 Boston College basketball point-shaving scheme and helped plan the $6 million Lufthansa holdup at New York City's Kennedy International Airport...
Then came 1980. Hill received a valuable piece of information that year: some of his fellow "wiseguys," as New York hoodlums call themselves, were plotting to kill him. He had been arrested on a drug charge, and his Lufthansa-heist partners were afraid he might talk to the feds. Their fears were well-founded; the following year Hill's testimony resulted in a string of convictions. The canary later sang to Nicholas Pileggi, a veteran journalist, in various secret locations around the U.S. The result, told largely in Hill's words, has the sound and horror of authenticity, The Godfather...
...done both. Four years ago, when People Express became one of the first new carriers to go into business after the Airline Deregulation Act of 1978, Burr's fledgling venture consisted of little more than one abandoned, rat- infested terminal in Newark and three used Boeing 737s purchased from Lufthansa. Today, People Express is the tenth busiest airline in the U.S., carrying nearly 1 million passengers a month. Some of its fares are one- fourth those of its competitors, but its profits for 1984 will total $23.5 million...
...chaos in a remarkable manner. Some of the recollections are simply good journalistic yarns, such as the one about flying with Göring and Aviator Charles Lindbergh in what was claimed to be the world's largest aircraft, a cumbersome, eight-engine passenger plane recently built for Lufthansa. "Göring turned over the controls to Lindbergh somewhere above the Wannsee, and we were treated to some fancy rolls, steep banks and other maneuvers for which the Goliath machine was not designed. I thought for a few moments that the plane would be torn apart." Much...