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Time - Man of the Year
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Time_Man_of_the_Year_Compact_Publishing_3YX-Disc-1_Compact_Publishing_1993.iso
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1993-04-08
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THE WEEK, Page 15BUSINESSIn the End, This Bird Won't Fly
British Air withdraws its controversial plan for a transatlantic
partnership
Had the deal gone through, air travelers could have flown from
St. Louis to Nairobi with a single check-in and minimal airport
delays. But British Airways withdrew its plan to invest $750
million in struggling USAir after U.S. Transportation Secretary
Andrew Card vowed to reject the arrangement. Card balked at the
partnership, which would have plugged USAir flights into British
Airways' globe-spanning route map, after Britain refused to give
U.S. carriers expanded use of London's Heathrow Airport.
The collapse of the deal marked a victory of sorts for
American, United and Delta airlines. The Big Three charged that
the arrangement would siphon off international business unless
Britain reciprocated by granting them increased access to
Heathrow, London's main international gateway.
Not that the feds were entirely friendly to the U.S.
companies. The Justice Department charged the Big Three and five
other U.S. carriers with using a computerized reservation system
to fix ticket prices. USAir and United settled the action,
without admitting or denying the charges. Undaunted, many
airlines announced a new round of fare hikes for business
travel, effective Christmas Eve.