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Freddie Laker is no Rickenbacker, Lindbergh, Mitchell, Doolittle or Armstrong. But the feisty Englishman has made aviation history in his own way, by forcing transatlantic fares lower than major airlines had said they could ever go. In June, Laker won approval from the Carter Administration to offer round-trip flights between New York City and London on his 13-jet Laker Airways for $236-almost $100 less than the cheapest non-charter fare-starting Sept. 26. Last week six major airlines countered with a cut-rate transatlantic fare of their own, tossing in some of the amenities that Laker...
That is the non-IATA creation of Freddie Laker, the fast-talking Briton who has long been trying to crack lATA's monopoly on scheduled service between London and New York City by offering a daily, no-frills, nonreservation shuttle service at a round-trip price of just $236 (v. $631 for a 14-21 day summer excursion fare). IATA members vehemently opposed him, warning that his "Skytrain" service would hurt the scheduled carriers on the New York-London run and compel them to cut their losses by curtailing flights on less profitable routes elsewhere. Well, surprise. Now that...
PICK-A-WEEK. Pan Am aims to match Laker's $236 round-trip price but not his no-reservations style. Instead, the airline plans yet another new entry in the ever growing list of advance-booking schemes. A traveler who wants Pan Am's bargain rate will have to make a reservation at least three weeks ahead of time and be prepared to put up with some uncertainty: he can choose the week in which he wants to leave, but the airline has until a week before the start of the selected period .to inform...
Foreign travel is more popular than ever, thanks mainly to the new low charter fares that offer round-trip flights to London for as little as $350. Passport applications are up 15%. Vacations this year cost 5% to 10% more than last year, but with the economy stronger, inflation at a compound annual rate of 7.4% and unemployment easing to 6.9%, Americans seem more comfortable about indulging themselves...
Freddie Laker's Laker Airways, which plans to offer $236 round-trip tickets between New York City and London (TIME, June 27), will become the second scheduled British carrier on that run. Either Laker or British Caledonian, another privately owned carrier, will gain a route between Los Angeles and London. In addition, British airliners will be allowed to fly into Houston and Seattle and, after three years, into Atlanta and Dallas-Fort Worth...