Word: lufthansa
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Dates: during 1990-1999
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...consolidation is the name of the tourism game. Four giant alliances, led by Star (United, Lufthansa, SAS, Air Canada, Thai, Varig, Ansett Australia and Air New Zealand), account for more than 60% of world airline traffic today. "Alliances give airlines the advantage of retaining their own identity while getting a global marketing reach," says Tim Goodyear of the International Air Transport Association, based in Geneva. Star is run by a management board and boasts integrated check-ins and sales forces. Other alliances allow partners to sell seats on one another's flights...
...Similar cutbacks will be required of a proposed Lufthansa-Scandinavian Air Services-United Airlines alliance, and the EU is expected later this year to set strict requirements for the European alliances planned by Delta and Northwest. With the importance of European markets growing amid Asia's decline, the battle for the continent's skies looks set to be the fiercest since...
...airlines are not far behind. American, Delta, Northwest and other major carriers will arrange for you to give 5,000- and 10,000-mile increments to such charities as the Make-A-Wish Foundation, the United Way of America and the Pediatric AIDS Foundation. Lufthansa's Miles & More program lets you trade in 125,000 miles for a hot-air-balloon ride for as many as four people. Virgin Atlantic Airways offers a two-day parachuting course in exchange for 30,000 miles...
...demanded the release of some 200 Arab prisoners languishing in Israeli jails. Israel rejected the prisoner releases but authorized West Germany to take whatever measures might be necessary to free the hostages. The terrorists and their captives were taken by bus and helicopter to Furstenfeldbruck air base, where a Lufthansa jet was set to fly them to Cairo. Then to the world's horror, the police assault intended to stop them went tragically awry...
DIED. JAMES ("Jimmy the Gent") BURKE, 64, clotheshorse, gangster and suspected mastermind of the $6 million Lufthansa heist of 1978; of cancer; in Buffalo, New York. Robert De Niro played Burke in the film Goodfellas...