Airlines Face 1970 Losses Amid Slowing Demand
Washington reports indicate U S airlines faced a red ink year in 1970 with total losses around 123 million dollars as passenger traffic plunged amid a recession. Analysts debate the extent of the slide while carriers blame high costs and overcapacity on too many routes. They urge higher fares to restore profitability, though the Civil Aeronautics Board has resisted multiple hikes.
MENTIONED IN THIS ARTICLE
Washington
UPD
Civil Aeronautics Board
Secor D. Browne
Latin America Economy Woes Hit Region Except Brazil
Economic uncertainty across Latin America, sparked by nationalist governments, hit most countries with high inflation. Argentina and Chile faced investors' concerns while Brazil showed stronger growth for a second straight year.
MENTIONED IN THIS ARTICLE
Rio der 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
Retreet
Amount
Pakistan
Manpura
East Pakistan
Adairs
Paris
Nerelco
Remington Ronson
Schick
Sunbeam
Norelco-Ronson
7Th St
Alamitos
Long Beach
Albertson’s Markets
Carson and
Woodruff
Lakewood
Long Beach Blvd
Long
Hoffman & Son, Inc
J. L. Crowther
Vail
Alwerys
Parkins
Union
California Diplomate
East First St. Long Beach
Ray & Eddie's Market
Atlantic Ave
Fenwick Travel Service, Inc
Ocean Blvd
L.A
Atlemiie
California
Buxton Sheldon
Ventura
Pine Ave
Wehrman's Jewelers
Los Altos Shopping Center
Riverside Plaza
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
Nat
Pet Supply Assn
Canaries
Carl Betty
South St. North Long Beach
Long Beach Plywood Co
Freeman Ave
B-Q
Harbor Crag
East
Ancheim St
Barb-O
E. Anaheim
Macfarlane's Candies
Packard
Sileo’s Restaurant
Helen Rewal
Earl V. Slack
E. Wardlow
Nace Orange
Pat
Redondo. L.B
Wercome
Lighthouse Gospel Bookstore
Robas
Music Gospel Records
E. Ancheim St
Dunn's Men's Shops
Bixby Knolls
Atlantic GA
Tos Altos
Hensley
Anderson Ford
Alondra Blvd
Bellflower
Hellfl. Blvd
Lonnie’s
Emei
Los Altos
Bellflower Blvd
Mason and Tutt
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