Airlines Face 1970 Red Ink As Profits Slump
Nation's airlines end 1970 in the red with losses around 23 million dollars as passenger traffic dives due to recession. Industry blames Bureau policies and crowded routes while arguing for higher fares to offset costs. Boeing jets and rising labor costs are cited as underlying pressures, with CAB having approved several fare increases in the past 18 months.
MENTIONED IN THIS ARTICLE
Washington
UPI
Civil Aeronautics Board
Secor D. Browne
Economic Woes Hit Latin America Amid Uncertainty
Latin American economies faced widespread hardship this year with inflation straining budgets and growth uneven across nations. Brazil stood out with the strongest performance, while Argentina and Chile faced investor concerns under new governments.
MENTIONED IN THIS ARTICLE
Rio DE Janeiro
Brazil
Latin America
Argentina
Chile
Also Mentioned on This Page
Linda Tunstead
Whippany
N. J
County College of Morris
Randolph
Tim Manning
Daily Record
Morristown
AP Wireniute
Nation’s Airlines
Pakistan
Manpura
East Pakistan
Adairs Electric Shavers
Norelco
Remington
Schick
Sunbeam
NeriesRenew
7Th St
Alamitos
Long Beach
Albertson’s Markets
H. L. Crowther
Oil
Union Lab
Master Technicitians
California Diplomate
East First St. Long Beach
Fenwick Travel Service, Inc
Ocean Blvd
Hoffman & Son, Inc
Long Beach Blvd
Gaviota Long Beach
Ray & Eddie's Market
Atlantic Ave
Atlantic French of
California
Buxton Sheldon
Ventura
Samsonie
Pine Ave
Wehrman’s Jewelers
Los Aires Shopping Center
Beliiiower
Riverside Elaza
South Bay Center
Santa Monica
Glendale
Pasadena
Huntington Park
Rossmoor Center
Buena Park Center
Whittwood Center
Lakewood Center
Topanga Center
Plaza Camino Real
Jackson Printing Co
Orchid Cleaners
E. Broadway
Boyd's Pet Shop
Your Pets’ Department Store
Nat'l
Retail Pet Supply Assn
Canaries
South St. North
Long Beach Plywood Co
Freeman Ave
B-Q
Harbor Area
East
E. Ancheim
Pat
Redondo, LB
Furst and
Pines
Anaheim St
Lonnie’s
Willey
Janey Beach
Dann's Men's Shops
Bixby Knolls
Atlantic
Los Altos
Stearns
B-O
E. Anhheim
Hensley
Anderson Ford
Alondra Blvd
Bellflower
Bellil, Blvd
Sileo's Restaurant
Helen Rewal
Earl V. Slack
Wardlow
Near
Orange
Lighthouse Gospel Bookstore
Choir Robes and Music Gospel Records
Bellflower Blvd
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