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Skygods: The Fall of Pan Am by Robert Gandt

airline deregulation, Ayatollah Khomeini, Berlin Wall, Boeing 747, Carl Icahn, Charles Lindbergh, collective bargaining, flag carrier, hiring and firing, invisible hand, Maui Hawaii, RAND corporation, revenue passenger mile, Tenerife airport disaster, yield management, Yogi Berra, Yom Kippur War

The reason for the decline was obvious, but not easily explained. The phenomenal growth of passenger traffic during the first two-thirds of the decade was reversing itself. Pan Am’s fleet of jets was flying around half empty. Worse, American overseas travelers were flying in larger numbers—over half of them—aboard foreign flag carriers. Among the bored Pan Am stockholders there were no cries of alarm. No questions were raised. The numbers and their ominous trend caused them no concern. What the hell, Pan Am was still making money, wasn’t it? They had come to vote on the directors, not to be bored with accounting data. The chairman droned toward the end of his report.

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TWA owned the prestigious Hilton International Hotel chain. Pan Am owned the Intercontinental chain. The joining of the two would result in the world’s most superb hotel conglomerate. Even Juan Trippe, watching from the wings, was ecstatic. For years the old Skygod had preached the need for a “community” airline—an amalgamated flag carrier composed principally of Pan Am and its most significant competitor, TWA. He had bargained with Howard Hughes, and later Tillinghast. Each time it had come to nothing. Now the old man was seeing his favorite dream about to come true. But they hadn’t reckoned on the Nixon White House. A merged Pan Am and TWA would be a big airline—big enough to again raise the old bugaboo about monopoly and unfair competition.

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While he was the FAA chief, Halaby had overseen the development of Dulles Airport in Washington, D.C. It now struck him that the modern new Dulles complex was an eminently logical headquarters for Pan American. For one thing, it was in the Virginia countryside, close enough to the capital city, but free of the urban messiness. The idea had a stars-and-stripes aura—America’s premier flag carrier based in America’s capital—that could translate to political profit. Besides, there was plenty of hangar and office space. It would be easy to feed connecting flights. He should have known better. If Jeeb Halaby had been around long enough he would have realized the question would ignite a firestorm among the corporate elders.

Why Airplanes Crash: Aviation Safety in a Changing World by Clinton V. Oster, John S. Strong, C. Kurt Zorn

air traffic controllers' union, airline deregulation, airport security, correlation coefficient, flag carrier, operational security, Tenerife airport disaster, trickle-down economics

The next chapter expands the international aviation safety comparison by examining the comparative safety performance of domestic and international operations for flag carriers and domestic airlines worldwide. This page intentionally left blank Chapter 5 The International Safety Record As international travel has grown, the extent to which citizens of one country fly on airlines of other nations is at an all time high. Any assessment of aviation safety worldwide must go beyond merely comparing safety records of international flag carriers that fly relatively long flights between major airports to examine flights within countries as well. Furthermore, the globalization of the airline industry has led to a growing number of marketing agreements, operational ties, and cross-ownership relations.

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Those problems notwithstanding, even the incomplete data help assess the relative safety performance of Aeroflot in the Soviet Union. Unfortunately, no traffic data is available for CAAC, the airline of the People's Republic of China. 2 For a review of the prior safety records of international flag carriers, see A. Barnett, M. Abraham, and V. Schimmel/'Airline Safety: Some Empirical Findings," Management Science 25 (1979): 1045-56. A more recent update is provided by A. Barnett and M. Higgins, "Airline Safety: The Last Decade," Management Science 35 (January 1989): 1-21. The International Safety Record 77 THE SAFETY RECORD OF SCHEDULED AIRLINES How safe have the world's airlines been?

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There are many ways to get a bomb on a plane: baggage; mail; cargo; by passengers willing to sacrifice themselves; by passengers unwittingly duped to bringing a bomb on board; by airport and airline employees; and by people masquerading as those employees. Moreover, even if the planes themselves could be made secure, airports and terminals could prove inviting targets. As the international deregulation of airline activity continues around the world and as governments continue to divest their flag carriers through privatization, the role of safety regulation will become even more important. While "safety first" remains the credo of the overwhelming majority of industry participants, economic deregulation increases the need for vigilant, effective public oversight of safety. At the same time, governments must face up to their responsibilities in providing for airports, air traffic control, and related public infrastructure that meet the world's growing travel demands while upholding the safety of flying.

The Virgin Way: Everything I Know About Leadership by Richard Branson

barriers to entry, Boeing 747, call centre, carbon footprint, Celtic Tiger, clean water, collective bargaining, Costa Concordia, do what you love, Donald Trump, Elon Musk, flag carrier, friendly fire, glass ceiling, illegal immigration, index card, inflight wifi, Lao Tzu, legacy carrier, low cost airline, M-Pesa, Mahatma Gandhi, Mark Zuckerberg, Nelson Mandela, Northern Rock, profit motive, Ralph Waldo Emerson, Ronald Reagan, shareholder value, Sheryl Sandberg, Silicon Valley, stem cell, Steve Jobs, Tesla Model S, Tony Fadell, trade route, vertical integration, Virgin Galactic, work culture , zero-sum game

LUCK DOWN UNDER Over the years, we have had quite a few events around the Virgin companies that have been described as lucky but perhaps none bigger than in 2000 when we set up shop in Australia with the fledgling Virgin Blue. We started in anticipation of having at least two major competitors in Qantas Airlines and Ansett Australia. Qantas was the flag carrier and Ansett had been around since 1935. We knew that Ansett had been experiencing financial difficulties but they had just been acquired by Air New Zealand and Singapore Airlines so we thought they were probably going to work things out. That was not to be the case, however, and over the Christmas period of 2000 we got a major traffic boost for our then tiny operation when the Australian aviation authorities partially grounded Ansett’s fleet for maintenance infractions.

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In February 1982 Laker Airways was driven out of business when BA led a pack of ailing major airlines that threatened retaliatory action against several institutions that had agreed to prop up Laker’s sagging finances. Absurdly, rather than supporting the free enterprise they were supposed to champion, Maggie Thatcher and Ronald Reagan jointly turned a blind eye in their blinkered quest to do whatever was necessary to help save their failing flag carriers. As it turned out it would be a case of ‘too-little too-late’ as British Caledonian, Pan Am, TWA and others would eventually also fail, albeit of no real consolation for Freddie who had been robbed of his life’s work. So, in late 1983 when I searched out Freddie and confided in him that I wanted to pick up where he had involuntarily left off, I found an ally who was uniquely qualified – and highly motivated – to mentor me with a treasure trove of invaluable advice.

The Looting Machine: Warlords, Oligarchs, Corporations, Smugglers, and the Theft of Africa's Wealth by Tom Burgis

Airbus A320, Berlin Wall, blood diamond, BRICs, British Empire, central bank independence, clean water, colonial rule, corporate social responsibility, crony capitalism, Deng Xiaoping, Donald Trump, F. W. de Klerk, financial engineering, flag carrier, Gini coefficient, Global Witness, Livingstone, I presume, McMansion, megacity, megaproject, Nelson Mandela, offshore financial centre, oil shock, open economy, purchasing power parity, rolodex, Ronald Reagan, Silicon Valley, South China Sea, sovereign wealth fund, structural adjustment programs, trade route, transfer pricing, upwardly mobile, urban planning, Washington Consensus, WikiLeaks, zero-sum game

The junta’s deputy leader, an imposing senior officer, took over and promised to give power back to the people. If the giant cake reminded any of the luminaries present of Marie Antoinette, they didn’t let on. Decked out in the national colours of red, green and gold, the confection had been baked to celebrate the launch of Guinea’s flag carrier, a new airline to replace the one that had gone bust a decade earlier. Ministers and businessmen who had gathered in a function room of the Novotel in Conakry chatted and applauded. It was a moment for patriotic self-congratulation. Guinea was still a case study in deprivation, but the ruling class had restored a little pride by resurrecting the national airline.

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‘They are nimble-footed,’ he told me, ‘and they make decisions quickly.’28 That nimble-footedness allowed the Queensway Group to retain its interests in Guinea’s resources even after the new government scrapped its $7 billion megadeal. ‘Since I came to power Sam has not been to Guinea,’ Alpha Condé told me when I interviewed him in Paris after his election victory. Air Guinée International, the new Guinean flag carrier backed by China International Fund whose launch I had attended in Conakry, was wound up before it ever flew. But Pa was still present in Guinea – not in person but via the London stock market. CIF reclaimed most of the $100 million it had wired to Guinea to prop up the junta – the same amount China Sonangol, the group’s partnership with Angola’s state oil company, would spend buying shares in Bellzone.29 A month before the election Bellzone announced an agreement with China International Fund under which the CIF would combine an iron-ore permit the junta had granted it with Bellzone’s adjacent prospect.

The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger by Marc Levinson

air freight, anti-communist, barriers to entry, Bay Area Rapid Transit, British Empire, business cycle, call centre, collective bargaining, conceptual framework, David Ricardo: comparative advantage, deindustrialization, deskilling, Edward Glaeser, Erik Brynjolfsson, flag carrier, full employment, global supply chain, intermodal, Isaac Newton, job automation, Jones Act, knowledge economy, Malcom McLean invented shipping containers, manufacturing employment, Network effects, New Economic Geography, new economy, oil shock, Panamax, Port of Oakland, post-Panamax, Productivity paradox, refrigerator car, Robert Solow, South China Sea, trade route, vertical integration, Works Progress Administration, Yom Kippur War, zero-sum game

For all of their earthy bluster, their businesses had survived thanks almost entirely to government coddling. On domestic routes, government policy discouraged competition among ship lines. On international routes, rates for every commodity were fixed by conferences, a polite term for cartels, and the most important cargo, military freight, was handed out among U.S.-flag carriers without the nuisance of competitive bidding. Decisions about buying, building, or selling ships, about leasing terminals, and about sailing new routes all depended upon government directives. For men who had prospered in this environment, who loved the smells of the ocean and fondly referred to their ships as “she,” Malcom McLean’s wholly unromantic interest in moving freight in boxes had little appeal.

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Sea-Land won the business with a tank container, made of stainless steel, designed to let exporters ship their whiskey in bulk for bottling in the United States. Two tank containers would fit neatly into a standard container cell on a Sea-Land ship, putting an end to the pilferage that had plagued the whiskey trade from time immemorial. The military role was even more crucial. As a U.S.-flag carrier, Sea-Land was entitled to carry a portion of the freight for the quarter million U.S. soldiers in West Germany, and the military, determined to push containerization, channeled cargo Sea-Land’s way. According to industry rumor, more than 90 percent of the cargo on Sea-Land’s first transatlantic voyage was military freight.

The Pleasures and Sorrows of Work by Alain de Botton

Abraham Maslow, Donald Trump, flag carrier, Isaac Newton, Johannes Kepler, Malacca Straits, mass immigration, Ralph Waldo Emerson, spice trade, supply-chain management, Vilfredo Pareto

Food-trolley doors, seat belts and upended toilet seats clacked in the wind, making the place sound like a marina in a storm. Many of the planes wore liveries testifying to corporate hubris: Midway, Braniff, Novair, African Air Express, TWA, Swissair. Most had started out in the fleets of well-funded flag carriers and then over time had slipped down the rungs of the aviation ladder until, in their final employment, they were reduced to doing midnight cargo runs from Miami to San Juan and back or shuttling between Addis Ababa and Harare, their once-immaculate first-class seats patched up with silver duct tape.

Fodor's Rome: With the Best City Walks and Scenic Day Trips by Fodor's Travel Publications Inc.

call centre, Donald Trump, flag carrier, gentrification, glass ceiling, haute couture, haute cuisine, Honoré de Balzac, Johann Wolfgang von Goethe, low cost airline, Mason jar, mega-rich, messenger bag, Murano, Venice glass, retail therapy, starchitect, urban planning, young professional

. | www.airportconnection.it. Airport Shuttle. 06/42013469, 06/4740451 | airportshuttle@airportshuttle.it | www.airportshuttle.it. FLIGHTS When flying internationally, you must usually choose between a domestic carrier, the national flag carrier of the country you’re visiting, and a foreign carrier from a third country. You may, for example, choose to fly Alitalia to Rome. National flag carriers have the greatest number of nonstops. Domestic carriers may have better connections to your hometown and serve a greater number of gateway cities. Third-party carriers may have a price advantage. For travel within Italy and around Europe, a number of low-cost airlines can get you where you need to go, often at cheaper rates than by train.

The Economists' Hour: How the False Prophets of Free Markets Fractured Our Society by Binyamin Appelbaum

90 percent rule, airline deregulation, Alan Greenspan, Alvin Roth, Andrei Shleifer, anti-communist, battle of ideas, Benoit Mandelbrot, Big bang: deregulation of the City of London, Bretton Woods, British Empire, business cycle, capital controls, Carmen Reinhart, Cass Sunstein, Celtic Tiger, central bank independence, clean water, collective bargaining, Corn Laws, correlation does not imply causation, Credit Default Swap, currency manipulation / currency intervention, David Ricardo: comparative advantage, deindustrialization, Deng Xiaoping, desegregation, Diane Coyle, Donald Trump, Dr. Strangelove, ending welfare as we know it, financial deregulation, financial engineering, financial innovation, fixed income, flag carrier, floating exchange rates, full employment, George Akerlof, George Gilder, Gini coefficient, greed is good, Greenspan put, Growth in a Time of Debt, Ida Tarbell, income inequality, income per capita, index fund, inflation targeting, invisible hand, Isaac Newton, It's morning again in America, Jean Tirole, John Markoff, Kenneth Arrow, Kenneth Rogoff, land reform, Les Trente Glorieuses, long and variable lags, Long Term Capital Management, low cost airline, low interest rates, manufacturing employment, means of production, Menlo Park, minimum wage unemployment, Mohammed Bouazizi, money market fund, Mont Pelerin Society, Network effects, new economy, Nixon triggered the end of the Bretton Woods system, oil shock, Paul Samuelson, Philip Mirowski, Phillips curve, plutocrats, precautionary principle, price stability, profit motive, public intellectual, Ralph Nader, RAND corporation, rent control, rent-seeking, Richard Thaler, road to serfdom, Robert Bork, Robert Gordon, Robert Solow, Ronald Coase, Ronald Reagan, Sam Peltzman, Savings and loan crisis, Silicon Valley, Simon Kuznets, starchitect, Steve Bannon, Steve Jobs, supply-chain management, The Chicago School, The Great Moderation, The Myth of the Rational Market, The Wealth of Nations by Adam Smith, Thomas Kuhn: the structure of scientific revolutions, transaction costs, trickle-down economics, ultimatum game, Unsafe at Any Speed, urban renewal, War on Poverty, Washington Consensus, We are all Keynesians now

In 1995, the party’s new leader, Tony Blair, won removal of the public ownership clause in the same Westminster hall where the party had adopted it in 1918. In the early 1980s, American and Canadian airlines flying to Ireland were required to land in tiny Shannon, on the west coast, before flying on to Dublin. The inconvenient stopover was intended to protect Aer Lingus, the Irish flag carrier. Nor was that all of it: KLM, the Netherlands’ flag carrier, was paid by the Irish government not to fly to Ireland. Aer Lingus fares on a per-mile basis were four times higher than average fares in the United States. An Aer Lingus executive, dismissing the idea of deregulation, explained that Americans had an unhealthy obsession with low prices.

Aerotropolis by John D. Kasarda, Greg Lindsay

3D printing, air freight, airline deregulation, airport security, Akira Okazaki, Alvin Toffler, An Inconvenient Truth, Asian financial crisis, back-to-the-land, barriers to entry, Bear Stearns, Berlin Wall, big-box store, blood diamond, Boeing 747, book value, borderless world, Boris Johnson, British Empire, business cycle, call centre, carbon footprint, Cesare Marchetti: Marchetti’s constant, Charles Lindbergh, Clayton Christensen, clean tech, cognitive dissonance, commoditize, company town, conceptual framework, credit crunch, David Brooks, David Ricardo: comparative advantage, Deng Xiaoping, deskilling, digital map, disruptive innovation, Dr. Strangelove, Dutch auction, Easter island, edge city, Edward Glaeser, Eyjafjallajökull, failed state, financial engineering, flag carrier, flying shuttle, food miles, Ford Model T, Ford paid five dollars a day, Frank Gehry, fudge factor, fulfillment center, full employment, future of work, Future Shock, General Motors Futurama, gentleman farmer, gentrification, Geoffrey West, Santa Fe Institute, George Gilder, global supply chain, global village, gravity well, Great Leap Forward, Haber-Bosch Process, Hernando de Soto, high-speed rail, hive mind, if you build it, they will come, illegal immigration, inflight wifi, intangible asset, interchangeable parts, Intergovernmental Panel on Climate Change (IPCC), intermodal, invention of the telephone, inventory management, invisible hand, Jane Jacobs, Jeff Bezos, Jevons paradox, Joan Didion, Kangaroo Route, Kickstarter, Kiva Systems, knowledge worker, kremlinology, land bank, Lewis Mumford, low cost airline, Marchetti’s constant, Marshall McLuhan, Masdar, mass immigration, McMansion, megacity, megaproject, Menlo Park, microcredit, military-industrial complex, Network effects, New Economic Geography, new economy, New Urbanism, oil shale / tar sands, oil shock, One Laptop per Child (OLPC), peak oil, Pearl River Delta, Peter Calthorpe, Peter Thiel, pets.com, pink-collar, planned obsolescence, pre–internet, RFID, Richard Florida, Ronald Coase, Ronald Reagan, Rubik’s Cube, savings glut, Seaside, Florida, Shenzhen special economic zone , Shenzhen was a fishing village, Silicon Valley, Silicon Valley startup, SimCity, Skype, smart cities, smart grid, South China Sea, South Sea Bubble, sovereign wealth fund, special economic zone, spice trade, spinning jenny, starchitect, stem cell, Steve Jobs, Suez canal 1869, sunk-cost fallacy, supply-chain management, sustainable-tourism, tech worker, telepresence, the built environment, The Chicago School, The Death and Life of Great American Cities, the long tail, The Nature of the Firm, thinkpad, Thomas L Friedman, Thomas Malthus, Tony Hsieh, trade route, transcontinental railway, transit-oriented development, traveling salesman, trickle-down economics, upwardly mobile, urban planning, urban renewal, urban sprawl, vertical integration, Virgin Galactic, walkable city, warehouse robotics, white flight, white picket fence, Yogi Berra, zero-sum game

The Persian traders emigrated en masse, comprising the city’s first expatriates. Open Skies had a similar effect—for twenty-five years, the emirate’s population rose exponentially in lockstep with the airport’s as the latter became one of the busiest in the Gulf. The policy eventually drew Dubai into conflict with Gulf Air, formed in 1973 as the flag carrier of Bahrain, Qatar, Oman, and the UAE. It demanded the same protections it enjoyed at its other hubs, which is standard practice in the industry. When Dubai demurred, the airline retaliated by drastically cutting service. Rather than knuckle under to its demands, Sheikh Rashid and Sheikh Mo countered by launching their own airline instead.

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But it wasn’t until SAM was introduced to Africa in 2006 that Swift discovered its niche as FedEx for the bottom billion. Many of Africa’s capitals—Kinshasa, Lusaka, Kigali, Harare, and Khartoum among them—are impoverished and landlocked, rendering conventional sea or air shipments either too costly or unworkable. Flights south of the Sahara—typically via their former colonizers’ flag carriers—are strato-spherically expensive and often run just once a week. “Africa-bound traffic can afford to be beaten up and tossed around, because the choices are limited,” Baluch said. His solution was a deal with Ethiopian Airlines, which possesses a fleet of modern Boeings (including, improbably, the 787 starting later this year) and a network crisscrossing the continent.

The Crash Detectives: Investigating the World's Most Mysterious Air Disasters by Christine Negroni

Air France Flight 447, Airbus A320, Boeing 747, Captain Sullenberger Hudson, Charles Lindbergh, Checklist Manifesto, computer age, crew resource management, crowdsourcing, flag carrier, low cost airline, Neil Armstrong, Richard Feynman, South China Sea, Tenerife airport disaster, Thomas Bayes, US Airways Flight 1549

Seven years earlier, he had graduated from junior science college, a boarding school three hours north of his family home in Kuala Lumpur. He was accepted into Malaysia Airline’s pilot cadet program, at the Langkawi Aerospace Training Centre, on the northwest coast of the Malay Peninsula. He would get more than flying lessons at the training center. He had a guaranteed job flying for his nation’s flag carrier, which served sixty destinations around the globe and operated the Airbus A380, the world’s largest airliner. His professional future was full of promise and so was his personal life. During cadet training he met and fell in love with a fellow student, Nadira Ramli, who became a first officer with AirAsia, a Kuala Lumpur–based low-cost carrier.

Toast by Stross, Charles

anthropic principle, Buckminster Fuller, cosmological principle, dark matter, disinformation, double helix, Ernest Rutherford, Extropian, Fairchild Semiconductor, flag carrier, Francis Fukuyama: the end of history, Free Software Foundation, Future Shock, Gary Kildall, glass ceiling, gravity well, Great Leap Forward, Hans Moravec, Higgs boson, hydroponic farming, It's morning again in America, junk bonds, Khyber Pass, launch on warning, Mars Rover, Mikhail Gorbachev, military-industrial complex, Neil Armstrong, NP-complete, oil shale / tar sands, peak oil, performance metric, phenotype, plutocrats, punch-card reader, Recombinant DNA, Ronald Reagan, Silicon Valley, slashdot, speech recognition, strong AI, traveling salesman, Turing test, urban renewal, Vernor Vinge, Whole Earth Review, Y2K

He wonders what he's going to patent next. Manfred has a suite at the Hotel Jan Luyken paid for by a grateful multinational consumer protection group, and an unlimited public transport pass paid for by a Scottish sambapunk band in return for services rendered. He has airline employee's travel rights with six flag carriers despite never having worked for an airline. His bush jacket has sixty four compact supercomputing clusters sewn into it, four per pocket, courtesy of an invisible college that wants to grow up to be the next Media Lab. His dumb clothing comes made to measure from an e-tailor in the Philippines who he's never met.

Upscale: What It Takes to Scale a Startup. By the People Who've Done It. by James Silver

Airbnb, augmented reality, Ben Horowitz, Big Tech, blockchain, business process, call centre, credit crunch, crowdsourcing, data science, DeepMind, DevOps, family office, flag carrier, fulfillment center, future of work, Google Hangouts, growth hacking, high net worth, hiring and firing, imposter syndrome, Jeff Bezos, Kickstarter, Lean Startup, Lyft, Mark Zuckerberg, minimum viable product, Network effects, pattern recognition, reality distortion field, ride hailing / ride sharing, Salesforce, Silicon Valley, Skype, Snapchat, software as a service, Uber and Lyft, uber lyft, WeWork, women in the workforce, Y Combinator

To get a foot in the door with major brands, first you need to establish a sense of gravitas and credibility Credibility comes from many things - who’s on your board, who your investors are, who your other suppliers are, your employees, the amount of capital you raise, who’s on your advisory board - any and all of these are signs of gravitas which can distinguish you from the also-rans. We went all out to attract heavyweight board members at lastminute.com and MyDeco.com (now MONOQI). At lastminute.com, when we were just about 10 people, we got Pieter Bouw, the former chairman of [Dutch flag carrier] KLM to be our chairman at the very beginning. We went to a top headhunter early on to find him. So then it was a question of relevance. We were bringing him relevance and understanding of what the next generation of the industry was going to look like. That was, for him, what made it work. In a similar way, when we got Sir Terence Conran and Philippe Starck to be co-chairs of our design advisory board at MyDeco, we approached them offering the opportunity to be part of a new type of company, where design meets digital, encompassing community, open source design, innovation and 3D.

Executive Orders by Tom Clancy

affirmative action, Ayatollah Khomeini, card file, defense in depth, disinformation, Dissolution of the Soviet Union, experimental subject, financial independence, flag carrier, friendly fire, Great Leap Forward, lateral thinking, military-industrial complex, Monroe Doctrine, Neil Armstrong, one-China policy, operational security, out of africa, Own Your Own Home, plutocrats, power law, rolodex, South China Sea, the long tail, trade route

Moreover, each bird had its own security Detail, all of whom had to be coordinated with the Americans in an atmosphere of institutional distrust, since the security people were all trained to regard everyone in sight with suspicion. There were two Concordes, one British and one French, for sex appeal. The rest were mainly wide-bodies of one sort or another, and most of them liveried in the colors of the nation-flag carrier of their country of origin. Sabena, KLM, and Lufthansa led off the NATO row. SAS handled each of the three Scandinavian countries, each with its own 747. Chiefs of state traveled in style, and not one of the aircraft, large or small, had flown as much as a third full. Greeting them was a task to tax the skills and patience of the combined White House and State Department offices of protocol, and word was sent through the embassies that President Ryan simply didn't have the time to give everyone the attention he or she deserved.

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.” “When does their Prime Minister arrive?” the Prince asked. The substantive reply was a shrug, followed by verbiage. “We offered the chance to fly over together so that we might discuss the situation, but he regrettably declined. Tomorrow, I think. If his aircraft doesn't malfunction,” she added. That national-flag carrier had all manner of technical problems, not to mention a long-lived security threat. “If you wish, the ambassador can probably arrange a quiet meeting.” “Perhaps that would not be entirely useless,” the Prime Minister allowed. “I also wish the Americans would get the proper spin on things. They've always been so hopeless on our part of the world.” Which was the point of the exercise, the Prince understood.

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.; Aeroflot 516 left at three A.M. for Moscow, arrived thereat 7:10. Only one nonstop to Rome, no direct flights to Athens, not even a nonstop to Beirut! He could have his people connect through Dubai-remarkably, Emirates Airlines did fly out of Tehran into its own international hub, as did Kuwait's flag carrier, but they, he thought, were not a very good idea. Just a handful of flights to use, all of them easily observed by foreign intelligence services-if they were competent, as he had to assume they were, either they'd have their own people aboard the flights or the cabin staff would be briefed on what to look for and how to report it while the aircraft was still in the air.

The Sushi Economy: Globalization and the Making of a Modern Delicacy by Sasha Issenberg

air freight, Akira Okazaki, anti-communist, barriers to entry, Boeing 747, Bretton Woods, call centre, company town, creative destruction, Deng Xiaoping, Dutch auction, flag carrier, global supply chain, Golden arches theory, haute cuisine, means of production, Nixon shock, Nixon triggered the end of the Bretton Woods system, Saturday Night Live, Silicon Valley, special economic zone, standardized shipping container, telemarketer, trade route, urban renewal

The distinctive coffins glide off All Nippon Airways passenger jets and Air France freighters coming from Paris Charles de Gaulle Airport; Singapore Airlines flights from Adelaide, Australia; China Airlines planes originating in Vietnam. But no airline has been as deeply committed to the art of high-quality fish transport over the years as Japan Airlines, which, after inventing the modern tuna economy, has come to serve as its de facto flag carrier, as well. In fact, if one squints through the heat haze rising from the Narita macadam, the slice of the Rising Sun flag that fills the tails of incoming JAL planes starts to look like a piece of perfectly cut maguro. In the weeks after the day of the flying fish in August 1972, 173 tuna were shipped from Canada to Tokyo, but Akira Okazaki still had work to do on Prince Edward Island.

Lonely Planet Eastern Europe by Lonely Planet, Mark Baker, Tamara Sheward, Anita Isalska, Hugh McNaughtan, Lorna Parkes, Greg Bloom, Marc Di Duca, Peter Dragicevich, Tom Masters, Leonid Ragozin, Tim Richards, Simon Richmond

Albert Einstein, Berlin Wall, call centre, car-free, carbon footprint, crowdsourcing, Day of the Dead, Defenestration of Prague, Fall of the Berlin Wall, flag carrier, Frank Gehry, gentrification, glass ceiling, haute cuisine, low cost airline, mass immigration, pre–internet, Steve Jobs, the High Line, Transnistria, urban planning, urban renewal, urban sprawl

In the arrivals hall there's a Slovenia Tourist Information Centre desk (STIC; www.visitljubljana.si; Jože Pučnik Airport; h8am-7pm Mon-Fri, 9am-5pm Sat & Sun Oct-May, 8am-9pm Jun-Sep), travel agencies and an ATM. Adria Airways (%04-259 45 82, 01-369 10 10; www.adria-airways.com), the Slovenian flag-carrier, serves more than 20 European destinations on regularly scheduled flights. Budget carriers include EasyJet (%04-206 16 77; www.easyjet.com) and Wizz Air (%in UK 44-330 977 0444; www.wizzair.com). Land Bus International bus destinations from Ljubljana include Serbia, Germany, Croatia, Bosnia & Hercegovina, Macedonia, Italy and Scandinavia.

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Air Only a couple of low-cost airlines fly to Ukraine. Most international flights use Kyiv's main airport, Boryspil International Airport (%044 393 4371; www.kbp.aero). Lviv International Airport (LWO; %032-229 8112; www.lwo.aero) also has a few international connections. Ukraine International Airlines (www.flyuia.com) is Ukraine's flag carrier. Land Ukraine is well linked to its neighbours. Kyiv is connected by bus or train to Minsk, Warsaw and Budapest, as well as other Eastern European capitals. Lviv is the biggest city servicing the Polish border – it's possible to take a budget flight to Poland then cross the border to Lviv by bus or train.

Fodor's Dordogne & the Best of Southwest France With Paris by Fodor's Travel Publications Inc.

call centre, carbon tax, flag carrier, glass ceiling, happiness index / gross national happiness, haute couture, haute cuisine, Murano, Venice glass, Nelson Mandela, subprime mortgage crisis, three-masted sailing ship, urban planning, young professional

Previous Chapter | Beginning of Chapter | Next Chapter | Contents Main Table of Contents Getting Here and Around Essentials Previous Chapter | Next Chapter | Contents Air Travel | Barge and Yacht Travel | Boat Travel | Bus Travel | Car Travel | Train Travel AIR TRAVEL Flying time to Paris is 7½ hours from New York, 9 hours from Chicago, 11 hours from Los Angeles, and 1 hour from London. Flying time between Paris and Nice is 1 hour. As one of the world’s most popular destinations, Paris is serviced by many international carriers. Air France, the French flag carrier, offers numerous flights between Paris’s Charles de Gaulle Airport and New York City’s JFK Airport; Newark, New Jersey; and Washington’s Dulles Airport; as well as Boston, Philadelphia, Atlanta, Miami, Chicago, Houston, Seattle, San Francisco, and Los Angeles. Most other North American cities are served through Air France partnerships with Delta.

The Great Reversal: How America Gave Up on Free Markets by Thomas Philippon

airline deregulation, Amazon Mechanical Turk, Amazon Web Services, Andrei Shleifer, barriers to entry, Big Tech, bitcoin, blockchain, book value, business cycle, business process, buy and hold, Cambridge Analytica, carbon tax, Carmen Reinhart, carried interest, central bank independence, commoditize, crack epidemic, cross-subsidies, disruptive innovation, Donald Trump, driverless car, Erik Brynjolfsson, eurozone crisis, financial deregulation, financial innovation, financial intermediation, flag carrier, Ford Model T, gig economy, Glass-Steagall Act, income inequality, income per capita, index fund, intangible asset, inventory management, Jean Tirole, Jeff Bezos, Kenneth Rogoff, labor-force participation, law of one price, liquidity trap, low cost airline, manufacturing employment, Mark Zuckerberg, market bubble, minimum wage unemployment, money market fund, moral hazard, natural language processing, Network effects, new economy, offshore financial centre, opioid epidemic / opioid crisis, Pareto efficiency, patent troll, Paul Samuelson, price discrimination, profit maximization, purchasing power parity, QWERTY keyboard, rent-seeking, ride hailing / ride sharing, risk-adjusted returns, Robert Bork, Robert Gordon, robo advisor, Ronald Reagan, search costs, Second Machine Age, self-driving car, Silicon Valley, Snapchat, spinning jenny, statistical model, Steve Jobs, stock buybacks, supply-chain management, Telecommunications Act of 1996, The Chicago School, the payments system, The Rise and Fall of American Growth, The Wealth of Nations by Adam Smith, too big to fail, total factor productivity, transaction costs, Travis Kalanick, vertical integration, Vilfredo Pareto, warehouse automation, zero-sum game

Nevertheless, the overall picture of Europe’s commercial aviation sector is disappointingly unchanged, due to a continued combination of slot allocations inherited from the less liberalized era, anticompetitive behavior on the part of the Continent’s incumbent carriers, and lingering national sentiment resulting in preferential treatment being accorded the flag carriers” (Pinkham 1999). o  The process started in 1988 and culminated in 1998 with full liberalization. The current Telecoms Regulatory Framework for electronic communications was adopted in 2002 and updated in 2009; it has subsequently been supplemented by a number of additional legislative instruments.

King Icahn: The Biography of a Renegade Capitalist by Mark Stevens

"RICO laws" OR "Racketeer Influenced and Corrupt Organizations", Bear Stearns, book value, Carl Icahn, classic study, company town, corporate governance, corporate raider, Donald Trump, financial engineering, flag carrier, Gordon Gekko, Irwin Jacobs, junk bonds, laissez-faire capitalism, low interest rates, Michael Milken, old-boy network, Ponzi scheme, profit motive, shareholder value, yellow journalism

That way he can say to you later ‘I didn’t lie to you. I told you black is really pink.’” --Brian Freeman Judged by any of the recognized financial yardsticks, TWA had never been a successful airline. Its most significant coup had come soon after World War II when it was granted the rights to compete with Pan Am as a U.S. flag carrier overseas. But Howard Hughes, who owned TWA in the postwar period, was more of an aviation buff than an airline manager. His biggest blunder was in moving slowly to embrace the Jet Age, leaving his propeller-driven fleet to compete against the sleek new 707’s Pan Am was buying as fast as Boeing could make them.

The Dealmaker: Lessons From a Life in Private Equity by Guy Hands

Airbus A320, banking crisis, Bear Stearns, British Empire, Bullingdon Club, corporate governance, COVID-19, credit crunch, data science, deal flow, Etonian, family office, financial engineering, fixed income, flag carrier, high net worth, junk bonds, lockdown, Long Term Capital Management, low cost airline, Nelson Mandela, North Sea oil, old-boy network, Paul Samuelson, plutocrats, proprietary trading, Silicon Valley, South Sea Bubble, sovereign wealth fund, subprime mortgage crisis, traveling salesman

It wasn’t the result we had hoped for but bearing in mind just how tough the credit crash in 2008 had made things, and in comparison with the record of other aircraft-leasing companies, it was an extraordinary achievement. We had created a diverse customer base of eighty-seven airlines in more than forty-five countries and gone from being a company that leased 15 per cent of its fleet to the tiny Hawaiian Airlines to one whose largest customer was the Russian flag carrier Aeroflot. AWAS’s operating profit before tax went from $35 million to $273 million at its peak. Our success went further than AWAS and Tank & Rast. In twelve great years, Terra Firma – and the Principal Finance Group before it – had acquired and sold fourteen companies and delivered a world-beating 41 per cent compound-annualised rate of return for our investors.

Flying Blind: The 737 MAX Tragedy and the Fall of Boeing by Peter Robison

"Friedman doctrine" OR "shareholder theory", air traffic controllers' union, Airbnb, Airbus A320, airline deregulation, airport security, Alvin Toffler, Boeing 737 MAX, Boeing 747, call centre, chief data officer, contact tracing, coronavirus, corporate governance, COVID-19, Donald Trump, flag carrier, Future Shock, interest rate swap, Internet Archive, knowledge worker, lockdown, low cost airline, low interest rates, medical residency, Neil Armstrong, performance metric, Ralph Nader, RAND corporation, Robert Mercer, Ronald Reagan, shareholder value, Silicon Valley, Silicon Valley startup, single-payer health, Social Responsibility of Business Is to Increase Its Profits, stock buybacks, too big to fail, Unsafe at Any Speed, vertical integration, éminence grise

So in April 1952, Boeing’s board agreed to invest $15 million—an amount four times greater than its total profits over the previous seven years—in a dual-purpose prototype. The marketing department already had the Boeing 707 in mind as a name; it sounded lucky. For the time being the model was known by a comparatively unmemorable moniker, the 367-80, Dash 80 for short. Ten days after the board’s approval, a Comet operated by the British flag carrier BOAC completed its first revenue flight from London to Johannesburg, with stops in Rome, Beirut, Khartoum, Entebbe, and Livingstone, in just under twenty-four hours—almost 50 percent faster than the typical forty-hour journey. This exciting new way of travel got a powerful endorsement from Britain’s Queen Mother and her glamorous daughter, Princess Margaret, who flew in a “Royal Comet” to Rhodesia the following year.

World Travel: An Irreverent Guide by Anthony Bourdain, Laurie Woolever

anti-communist, barriers to entry, Berlin Wall, bike sharing, Brexit referendum, British Empire, colonial rule, company town, COVID-19, deindustrialization, Donald Trump, Easter island, European colonialism, flag carrier, gentrification, glass ceiling, Haight Ashbury, haute cuisine, Kibera, low cost airline, megacity, off-the-grid, Pier Paolo Pasolini, place-making, ride hailing / ride sharing, spice trade, tech bro, trade route, walkable city, women in the workforce

That episode was perhaps most notable for his bemused on-camera reaction to the strong smell of the sulfurous hot springs (“like a wet fart”), in which a local cook hard-boiled an egg for him. Lisbon * * * ARRIVAL AND GETTING AROUND Lisbon, the capital of Portugal, is considered the gateway to the country. Its airport, Humberto Delgado or Lisbon Portela, is known simply as Lisbon Airport (LIS); it’s served by all major US carriers, TAP Air Portugal, the nation’s flag carrier airline, and all the major European carriers. There’s an airport shuttle bus (Aerobus, which costs 4 euros/US$4.50 and takes about forty-five minutes), the city metro (1.45 euro/US$1.60 for a thirty-five-minute ride, which includes a necessary transfer), and taxis, which will cost about 20 euros/US$22 for the approximately six-mile, twenty-minute ride to the city center from the airport.

An Extraordinary Time: The End of the Postwar Boom and the Return of the Ordinary Economy by Marc Levinson

affirmative action, airline deregulation, Alan Greenspan, banking crisis, Big bang: deregulation of the City of London, Boycotts of Israel, Bretton Woods, business cycle, Capital in the Twenty-First Century by Thomas Piketty, car-free, Carmen Reinhart, central bank independence, centre right, clean water, deindustrialization, endogenous growth, falling living standards, financial deregulation, flag carrier, floating exchange rates, full employment, George Gilder, Gini coefficient, global supply chain, Great Leap Forward, guns versus butter model, high-speed rail, income inequality, income per capita, indoor plumbing, informal economy, intermodal, inverted yield curve, invisible hand, It's morning again in America, Kenneth Rogoff, knowledge economy, late capitalism, Les Trente Glorieuses, linear programming, low interest rates, manufacturing employment, Multi Fibre Arrangement, new economy, Nixon shock, Nixon triggered the end of the Bretton Woods system, North Sea oil, oil shock, Paul Samuelson, pension reform, Phillips curve, price stability, purchasing power parity, refrigerator car, Right to Buy, rising living standards, Robert Gordon, rolodex, Ronald Coase, Ronald Reagan, Simon Kuznets, statistical model, strikebreaker, structural adjustment programs, The Rise and Fall of American Growth, Thomas Malthus, total factor productivity, unorthodox policies, upwardly mobile, War on Poverty, Washington Consensus, Winter of Discontent, Wolfgang Streeck, women in the workforce, working-age population, yield curve, Yom Kippur War, zero-sum game

Coastal ship lines had to charge less for every type of freight than the railroads they paralleled, but not so much less that their competition might undermine the rail industry. Most other governments had similar regulations, or else they owned transportation companies directly. And almost every country had a “flag carrier,” a national airline whose interests the government protected by limiting international competition. Brazil, to take one of many examples, had signed a treaty with the United States specifying how many airlines could fly between the two countries, which airports they could serve, how many flights they could offer, what size planes they could use, and what fares they could charge—all to make sure that Pan American World Airways, the US carrier, and Varig, its Brazilian counterpart, divided the passenger traffic evenly.

Lonely Planet Best of Spain by Lonely Planet

augmented reality, bike sharing, centre right, discovery of the americas, flag carrier, Frank Gehry, G4S, Guggenheim Bilbao, haute cuisine, high-speed rail, illegal immigration, market design, place-making, retail therapy, trade route, young professional

There are also branches at the airport (%944 71 03 01; h9am-9pm Mon-Sat, 9am-3pm Sun) and the Museo Guggenheim Bilbao (Alameda Mazarredo 66; h10am-7pm daily, to 3pm Sun Sep-Jun). The Bilbao tourism authority has a very useful reservations service (%902 87 72 98; www.bilbaoreservas.com). 8 GETTING THERE & AWAY AIR Bilbao’s airport (%902 404 704; www.aena.es) is near Sondika, to the northeast of the city. A number of European flag carriers serve the city. Of the budget airlines, EasyJet (www.easyjet.com) and Vueling (www.vueling.com) cover the widest range of destinations. VERONICA GARBUTT / GETTY IMAGES © BUS Bilbao’s main bus station, Termibus (%944 39 50 77; Gurtubay 1, San Mamés), is west of the centre. There are regular services to the following destinations: Barcelona (€50, seven to eight hours), Biarritz (France; €19.50, three hours), Logroño €14, 2¾ hours), Madrid (€34, 4¾ hours), Oñati (€6.50, 1¼ hours), Pamplona (€18, 2¾ hours, San Sebastián (€9, one hour), Santander (€9, 1¼ hours) and Vitoria (€9, 1½ hours).

Cyclopedia by William Fotheringham

Berlin Wall, British Empire, carbon footprint, disinformation, Fall of the Berlin Wall, fixed-gear, flag carrier, gentleman farmer, intermodal, Kickstarter, Northern Rock, safety bicycle, éminence grise

COOKE, Nicole Born: Swansea, Wales, April 13, 1983 Major wins: Olympic road race champion 2008; world road race champion 2008; Commonwealth Games road race champion 2002; women’s World Cup 2003, 2006; Giro d’Italia 2004; 10 times GB national champion between 1999 and 2009; MBE 2009 Further reading: Cycle for Life, Nicole Cooke, Abbeville Press, 2009 The Welsh woman was the flag carrier for British women’s cycling throughout the early 2000s, from her unique triple junior world titles (road, time trial, mountain bike) in 2001 to her unprecedented double of world and Olympic road race titles in 2008, when she was elected Sunday Times Sportswoman of the Year. Even while attending Brynteg Comprehensive in south Wales—where rugby star Gavin Henson was a fellow pupil—Cooke was a precocious talent, the youngest rider ever to win the senior women’s national title, which she achieved at 16.

Fodor's Normandy, Brittany & the Best of the North With Paris by Fodor's

call centre, car-free, carbon tax, flag carrier, glass ceiling, happiness index / gross national happiness, haute couture, haute cuisine, Henri Poincaré, high-speed rail, Kickstarter, Murano, Venice glass, Nelson Mandela, subprime mortgage crisis, urban planning, young professional

Previous Chapter | Beginning of Chapter | Next Chapter | Contents Main Table of Contents Getting Here and Around Essentials Previous Chapter | Next Chapter | Contents Air Travel | Barge and Yacht Travel | Boat Travel | Bus Travel | Car Travel | Train Travel Air Travel Flying time to Paris is 7½ hours from New York, 9 hours from Chicago, 11 hours from Los Angeles, and 1 hour from London. Flying time between Paris and Nice is 1 hour. As one of the world’s most popular destinations, Paris is serviced by many international carriers. Air France, the French flag carrier, offers numerous flights between Paris’s Charles de Gaulle Airport and New York City’s JFK Airport; Newark, New Jersey; and Washington’s Dulles Airport; as well as Boston, Philadelphia, Atlanta, Miami, Chicago, Houston, Seattle, San Francisco, and Los Angeles. Most other North American cities are served through Air France partnerships with Delta.

Air Crashes and Miracle Landings: 60 Narratives by Christopher Bartlett

Air France Flight 447, air traffic controllers' union, Airbus A320, airport security, Boeing 747, Captain Sullenberger Hudson, Charles Lindbergh, crew resource management, en.wikipedia.org, flag carrier, illegal immigration, it's over 9,000, Maui Hawaii, profit motive, sensible shoes, special drawing rights, Tenerife airport disaster, US Airways Flight 1549, William Langewiesche

In the author’s opinion, the truth lies somewhere between these two extremes, and is tipped against the pilots. The airline’s mistake in not informing the pilots of the ‘revision’ they had made is blatant, and it is understandable that the Royal Commission was revolted at the way the Chief Executive had attempted to cover it up. They were also dismayed that the flag carrier, albeit of a tiny country, was run close to the CEO’s chest like a private fiefdom. These sentiments rather than technical matters were bound to influence ‘professionals used to working in the judicial domain.’ The actual key to the accident was a phenomenon called ‘whiteout,’ well known to pilots operating in areas with snow and mountains, whereby the snowy slopes merge with the clouds giving the impression there is just thin cloud in the distance.

Accelerando by Stross, Charles

book value, business cycle, call centre, carbon-based life, cellular automata, cognitive dissonance, commoditize, Conway's Game of Life, dark matter, disinformation, dumpster diving, Extropian, financial engineering, finite state, flag carrier, Flynn Effect, Future Shock, glass ceiling, gravity well, John von Neumann, junk bonds, Kickstarter, knapsack problem, Kuiper Belt, machine translation, Magellanic Cloud, mandelbrot fractal, market bubble, means of production, military-industrial complex, MITM: man-in-the-middle, Neal Stephenson, orbital mechanics / astrodynamics, packet switching, performance metric, phenotype, planetary scale, Pluto: dwarf planet, quantum entanglement, reversible computing, Richard Stallman, satellite internet, SETI@home, Silicon Valley, Singularitarianism, Skinner box, slashdot, South China Sea, stem cell, technological singularity, telepresence, The Chicago School, theory of mind, Turing complete, Turing machine, Turing test, upwardly mobile, Vernor Vinge, Von Neumann architecture, warehouse robotics, web of trust, Y2K, zero-sum game

He wonders what he's going to patent next. Manfred has a suite at the Hotel Jan Luyken paid for by a grateful multinational consumer protection group, and an unlimited public transport pass paid for by a Scottish sambapunk band in return for services rendered. He has airline employee's travel rights with six flag carriers despite never having worked for an airline. His bush jacket has sixty-four compact supercomputing clusters sewn into it, four per pocket, courtesy of an invisible college that wants to grow up to be the next Media Lab. His dumb clothing comes made to measure from an e-tailor in the Philippines he's never met.

The Teeth of the Tiger by Tom Clancy

airport security, centralized clearinghouse, complexity theory, false flag, flag carrier, forensic accounting, gentleman farmer, illegal immigration, information security, Occam's razor, operational security, sensible shoes

"Unless some other spook craps out on the street somewhere," Rounds observed. "Then we'll know if there really is a ghost out there." The Avianca flight from Mexico touched down at Cartagena five minutes early. He'd flown Austrian Air to London Heathrow, and then a British Airways flight to Mexico City before taking Colombia's flag carrier to the South American country. It was an old American Boeing, but he was not one to worry about the safety of air travel. The world had far greater dangers. At the hotel, he opened his bag to retrieve his day planner, took a walk outside, and spotted a public phone to make his call. "Please tell Pablo that Miguel is here Gracias."

Rewired: The Post-Cyberpunk Anthology by James Patrick Kelly, John Kessel

back-to-the-land, Columbine, dark matter, Extropian, Firefox, flag carrier, Future Shock, gravity well, haute couture, Internet Archive, Kim Stanley Robinson, military-industrial complex, Neal Stephenson, pattern recognition, phenotype, post-industrial society, price stability, Silicon Valley, slashdot, Stephen Hawking, technological singularity, telepresence, the scientific method, Turing test, urban renewal, Vernor Vinge, wage slave, Y2K, zero day

He wonders what he’s going to patent next. Manfred has a suite at the Hotel Jan Luyken paid for by a grateful multinational consumer protection group, and an unlimited public transport pass paid for by a Scottish sambapunk band in return for services rendered. He has airline employee’s travel rights with six flag carriers despite never having worked for an airline. His bush jacket has sixty four compact supercomputing clusters sewn into it, four per pocket, courtesy of an invisible college that wants to grow up to be the next Media Lab. His dumb clothing comes made to measure from an e-tailor in the Philippines who he’s never met.

Imagining India by Nandan Nilekani

"World Economic Forum" Davos, addicted to oil, affirmative action, Airbus A320, BRICs, British Empire, business process, business process outsourcing, call centre, carbon credits, carbon tax, clean water, colonial rule, corporate governance, cuban missile crisis, deindustrialization, demographic dividend, demographic transition, Deng Xiaoping, digital map, distributed generation, electricity market, farmers can use mobile phones to check market prices, flag carrier, full employment, ghettoisation, glass ceiling, global supply chain, Hernando de Soto, income inequality, informal economy, information asymmetry, Intergovernmental Panel on Climate Change (IPCC), joint-stock company, knowledge economy, land reform, light touch regulation, LNG terminal, load shedding, low cost airline, Mahatma Gandhi, market fragmentation, mass immigration, Mikhail Gorbachev, Network effects, new economy, New Urbanism, open economy, Parag Khanna, pension reform, Potemkin village, price mechanism, public intellectual, race to the bottom, rent control, rolodex, Ronald Reagan, school vouchers, Silicon Valley, smart grid, special economic zone, The Wealth of Nations by Adam Smith, Thomas L Friedman, Thomas Malthus, Tragedy of the Commons, transaction costs, trickle-down economics, unemployed young men, upwardly mobile, urban planning, urban renewal, women in the workforce, working poor, working-age population

Their angst is intensified by the quality of our public debate, the dismal record of some of our elected representatives and the corruption that seems to be ubiquitous. It is true that India is a young democracy, saddled with the problems of inexperience, and that it has endured ineffective, populist governments. But the flag-carriers for authoritarian rule should remember that such power is always more dangerous than it is worth. An authoritarian system is always susceptible to tyranny and abuse—it is as likely to produce a Robert Mugabe as a Deng Xiaoping. It also creates errors that cannot be easily corrected, as we have seen in China’s response to environmental issues and population growth.

Israel & the Palestinian Territories Travel Guide by Lonely Planet

active transport: walking or cycling, airport security, Albert Einstein, back-to-the-land, bike sharing, biodiversity loss, carbon footprint, centre right, clean water, coronavirus, flag carrier, G4S, game design, gentrification, high-speed rail, illegal immigration, information security, Khartoum Gordon, Louis Pasteur, sensible shoes, Silicon Valley, Skype, South China Sea, special economic zone, spice trade, Suez canal 1869, trade route, urban planning, Yom Kippur War, zero-sum game

Should Ben-Gurion airport have to close, Ovda serves as a back-up (so does Larnaca, Cyprus). Israeli airport security is very tight so international travellers should check in at least three hours prior to their flight – when flying both to and from Israel. Airlines Israel’s privatised flag carrier, El Al (LY; %03-977 1111; www.elal.co.il), has direct flights to several dozen cities in Western and Eastern Europe, as well as long-haul services to New York (Kennedy), Newark, Toronto, Los Angeles, Johannesburg, Mumbai, Bangkok, Hong Kong and Beijing; some flights to Asian destinations are codeshares.

The Rough Guide to Sri Lanka by Rough Guides

active transport: walking or cycling, British Empire, citizen journalism, clean water, country house hotel, European colonialism, flag carrier, gentrification, land reform, self-driving car, spice trade, upwardly mobile, urban sprawl

Opened in 2013 at a cost of $210m, MRIA was meant both to provide Sri Lanka with a second international airport and to serve as the major engine driving economic development of Rajapakse’s impoverished home town and surrounding region. In the event it has proved an unmitigated disaster. The few airlines that decided to fly into MRIA rapidly withdrew their services due to lack of demand, and even the national flag carrier SriLankan Airlines cancelled its last remaining flights to the airport the day after Rajapakse’s election defeat in January 2015. The airport’s only scheduled flight at present is a solitary service from Dubai (with FlyDubai, flydubai.com, via Colombo), and according to latest rumours the hangars are now being used to store not planes, but paddy.

Security Analysis by Benjamin Graham, David Dodd

activist fund / activist shareholder / activist investor, asset-backed security, backtesting, barriers to entry, Bear Stearns, behavioural economics, book value, business cycle, buy and hold, capital asset pricing model, Carl Icahn, carried interest, collateralized debt obligation, collective bargaining, corporate governance, corporate raider, credit crunch, Credit Default Swap, credit default swaps / collateralized debt obligations, currency risk, diversification, diversified portfolio, fear of failure, financial engineering, financial innovation, fixed income, flag carrier, full employment, Greenspan put, index fund, intangible asset, invisible hand, Joseph Schumpeter, junk bonds, land bank, locking in a profit, Long Term Capital Management, low cost airline, low interest rates, Michael Milken, moral hazard, mortgage debt, Myron Scholes, prudent man rule, Right to Buy, risk free rate, risk-adjusted returns, risk/return, secular stagnation, shareholder value, stock buybacks, The Chicago School, the market place, the scientific method, The Wealth of Nations by Adam Smith, transaction costs, two and twenty, zero-coupon bond

The Irish company sports by far the lowest fares of anyone in the short-haul business in the European markets it serves. In 10 years, it has grown its passengers tenfold and yet it has only a 7% share of the market. Last year its average fare was 44 euros, which compares with 66 euros for easyJet, 91 for Aer Lingus, and well over 100 euros for all the flag carriers. Even so, Ryanair has averaged 20% net margins over the past decade, versus low single digits for its rivals. We paid 16 times the current year’s earnings estimates and felt this price was justified by Ryanair’s huge cost advantages and growth prospects. Then the price of oil doubled again. The shares have declined 30% since our initial investment, and the profit outlook has dimmed.

Rainbow Six by Tom Clancy

active measures, air freight, airport security, bread and circuses, centre right, clean water, computer age, Exxon Valdez, false flag, flag carrier, Live Aid, old-boy network, operational security, plutocrats, RAND corporation, Recombinant DNA, rent control, rolodex, superconnector, systems thinking, urban sprawl

Coffee was served, and the other passengers kept away from that part of the aircraft. "I rather admire the Ethiopians' approach to situations like this," Stanley observed. He was sipping tea. "What's that?" Chavez asked tiredly. "Some years ago they had a hijacking attempt on their national flag carrier. There happened to be security chap aboard, and they got control of the situation. Then they strapped their charges in first-class seats, wrapped towels around their necks to protect the upholstery, and cut their throats, right there on the aircraft. And you know-" "Gotten," Ding observed. Nobody had messed with that airline since.

Central Europe Travel Guide by Lonely Planet

Albert Einstein, anti-communist, Berlin Wall, call centre, car-free, carbon footprint, centre right, Defenestration of Prague, Fall of the Berlin Wall, flag carrier, Frank Gehry, Gregor Mendel, Guggenheim Bilbao, high-speed rail, illegal immigration, Johann Wolfgang von Goethe, Kickstarter, low cost airline, messenger bag, Mikhail Gorbachev, Nelson Mandela, offshore financial centre, Peter Eisenman, place-making, Prenzlauer Berg, ride hailing / ride sharing, Ronald Reagan, Ronald Reagan: Tear down this wall, Rubik’s Cube, Skype, trade route, urban renewal, white picket fence, young professional

Getting There & Away Air Slovenia’s only international airport receiving regular scheduled flights at present – Aerodrom Maribor does limited charters only – is Ljubljana’s Jože Pučnik Airport (LJU; 04-206 1981; www.lju-airport.si) at Brnik, 27km north of Ljubljana. From there, the Slovenian flag-carrier, Adria Airways (JP; 080 13 00, 01-369 10 10; www.adria-airways.com) , serves some 30 European destinations on regularly scheduled flights, with just as many holiday spots served by charter flights in summer. Adria can be remarkably good value and includes useful connections to places like İstanbul, Pristina (Kosovo) and Tirana (Albania).

The Sum of All Fears by Tom Clancy

"RICO laws" OR "Racketeer Influenced and Corrupt Organizations", accounting loophole / creative accounting, airport security, Benoit Mandelbrot, Boeing 747, British Empire, colonial exploitation, complexity theory, cuban missile crisis, demand response, disinformation, false flag, financial independence, flag carrier, Herman Kahn, index card, mandelbrot fractal, operational security, Suez crisis 1956, trade route, uranium enrichment

One drawback of his physical condition was that there wasn't much slack in his waistline to take up. But he couldn't risk losing his money - without it, where the hell would he be? Keeping track of money was a pain in the ass, wasn't it? Marks in Germany. Drachmas or douche-bags or something else here. Fortunately, you got your airline tickets with bucks. He traveled American-flag carriers mainly for that reason, certainly not because he liked the sight of the Stars and Stripes on the tail fins of the aircraft. The phone rang. Russell lifted it. "Yes?" "Tomorrow, nine-thirty, be in front of the hotel, ready to travel. Understood?" "Nine-thirty. Yes." The phone clicked off before he could say more.

The Best of Best New SF by Gardner R. Dozois

back-to-the-land, Buckminster Fuller, Burning Man, call centre, Columbine, congestion charging, dark matter, Doomsday Book, double helix, Extropian, flag carrier, Future Shock, gravity well, hydroponic farming, Kim Stanley Robinson, language acquisition, lateral thinking, Mason jar, military-industrial complex, offshore financial centre, out of africa, pattern recognition, phenotype, pneumatic tube, Silicon Valley, slashdot, Stephen Hawking, telepresence, three-masted sailing ship, Turing machine, Turing test, Winter of Discontent, Y2K, zero-sum game

He wonders what he’s going to patent next. Manfred has a suite at the Hotel Jan Luyken paid for by a grateful multinational consumer protection group, and an unlimited public transport pass paid for by a Scottish sambapunk band in return for services rendered. He has airline employee’s travel rights with six flag carriers despite never having worked for an airline. His bush jacket has sixty-four compact supercomputing clusters sewn into it, four per pocket, courtesy of an invisible college that wants to grow up to be the next Media Lab. His dumb clothing comes made to measure from an e-tailor in the Philippines who he’s never met.

Stigum's Money Market, 4E by Marcia Stigum, Anthony Crescenzi

accounting loophole / creative accounting, Alan Greenspan, Asian financial crisis, asset allocation, asset-backed security, bank run, banking crisis, banks create money, Bear Stearns, Black-Scholes formula, book value, Brownian motion, business climate, buy and hold, capital controls, central bank independence, centralized clearinghouse, corporate governance, credit crunch, Credit Default Swap, cross-border payments, currency manipulation / currency intervention, currency risk, David Ricardo: comparative advantage, disintermediation, distributed generation, diversification, diversified portfolio, Dutch auction, financial innovation, financial intermediation, fixed income, flag carrier, foreign exchange controls, full employment, Glass-Steagall Act, Goodhart's law, Greenspan put, guns versus butter model, high net worth, implied volatility, income per capita, intangible asset, interest rate derivative, interest rate swap, inverted yield curve, junk bonds, land bank, large denomination, locking in a profit, London Interbank Offered Rate, low interest rates, margin call, market bubble, market clearing, market fundamentalism, Money creation, money market fund, mortgage debt, Myron Scholes, offshore financial centre, paper trading, pension reform, Phillips curve, Ponzi scheme, price mechanism, price stability, profit motive, proprietary trading, prudent man rule, Real Time Gross Settlement, reserve currency, risk free rate, risk tolerance, risk/return, Savings and loan crisis, seigniorage, shareholder value, short selling, short squeeze, tail risk, technology bubble, the payments system, too big to fail, transaction costs, two-sided market, value at risk, volatility smile, yield curve, zero-coupon bond, zero-sum game

The possibilities are endless and exist thanks to all sorts of market anomalies: differences in the terms at which corporates may borrow in different markets (e.g., Spain lacks a corporate bond market), differences in the way credits are perceived in different markets (e.g., to a German lender, Lufthansa is the national flag carrier, not just another credit), national differences in accounting practices or in tax policies, and so on. When an entity borrows X and then does several swaps to get to Y, which is what he wants, he is said to cocktail swaps. As the swap market has grown, swap terms have become standardized. Today, swaps are quoted at Treasuries plus, with the understanding that the Treasuries plus rate is the fixed rate for a swap against LIBOR, the London Interbank Offered Rate for Eurodollar deposits (there are many LIBORs—3-month LIBOR, 6-month LIBOR, and so on, but for most swaps 3- or 6-month LIBOR is used).

Greece by Korina Miller

car-free, carbon footprint, credit crunch, flag carrier, Google Earth, haute cuisine, illegal immigration, informal economy, invention of the printing press, pension reform, period drama, restrictive zoning, sensible shoes, Suez canal 1869, too big to fail, trade route, upwardly mobile, urban renewal, urban sprawl, women in the workforce

Olympic Air has flights from Toronto to Athens via Montreal. There are no direct flights from Vancouver, but there are connecting flights via Toronto, Amsterdam, Frankfurt and London on Air Canada, KLM, Lufthansa and British Airways. Continental Europe Athens is linked to every major city in Europe by either Olympic Air or the flag carrier of each country. Amsterdam, Frankfurt, Berlin and Paris are all major centres for cheap airfares. France has a network of travel agencies that can supply discount tickets to travellers of all ages. They include OTU Voyages ( 01 40 29 12 22), which has branches across the country. Other recommendations include Voyageurs du Monde ( 01 40 15 11 15; www.vdm.com) and Nouvelles Frontières ( 0825 000 747; www.nouvelles- frontieres.fr).

Southeast Asia on a Shoestring Travel Guide by Lonely Planet

active transport: walking or cycling, airport security, Alfred Russel Wallace, anti-communist, British Empire, call centre, car-free, carbon footprint, classic study, clean water, clockwatching, colonial rule, flag carrier, gentrification, Global Witness, Google Earth, Great Leap Forward, haute cuisine, indoor plumbing, Kickstarter, large denomination, low cost airline, Mason jar, megacity, period drama, restrictive zoning, retail therapy, Skype, South China Sea, spice trade, superstar cities, sustainable-tourism, the long tail, trade route, urban sprawl, white picket fence, women in the workforce

Hanoi (HAN; 04-3827 1513; www.hanoiairportonline.com) Noi Bai airport serves the capital. Danang airport (DAD; 051-1383 0339) Only has a few international flights, but a new terminal should result in additional connections. Airlines Vietnam Airlines (www.vietnamairlines.com.vn) Hanoi ( 04-3832 0320); HCMC ( 08-3832 0320) is the state-owned flag carrier and has flights to 28 international destinations, mainly in east Asia. The airline has a modern fleet of Airbuses and Boeings, and has a good recent safety record. Tickets From Europe or North America, it’s usually more expensive to fly to Vietnam than other Southeast Asian countries. Consider buying a discounted ticket to Bangkok, Singapore or Hong Kong and picking up a flight from there.

France (Lonely Planet, 8th Edition) by Nicola Williams

active transport: walking or cycling, back-to-the-land, bike sharing, British Empire, car-free, carbon footprint, centre right, Charles Lindbergh, Columbine, company town, double helix, flag carrier, gentrification, Guggenheim Bilbao, haute couture, haute cuisine, Henri Poincaré, Herbert Marcuse, high-speed rail, Honoré de Balzac, illegal immigration, industrial robot, information trail, Jacquard loom, Joseph-Marie Jacquard, Kickstarter, Louis Blériot, Louis Pasteur, low cost airline, Mahatma Gandhi, means of production, Murano, Venice glass, pension reform, post-work, QWERTY keyboard, ride hailing / ride sharing, Saturday Night Live, Silicon Valley, Skype, Sloane Ranger, Suez canal 1869, supervolcano, three-masted sailing ship, trade route, urban renewal, urban sprawl, V2 rocket

As a result, unprecedented trans-Atlantic flight options are likely to start appearing. Major airlines serving France include: Aer Lingus ( 08 21 23 02 67; www.aerlingus.com; airline code EI; hub Dublin) Air Canada ( 08 25 88 29 00; www.aircanada.ca; airline code AC; hub Toronto) Air France ( 36 54; www.airfrance.com; airline code AF; hub Paris) France’s flag carrier, now joined with KLM. Subsidiaries include Brit Air (www.britair.fr) and Régional (www.regional.com). Alitalia ( 08 20 31 53 15; www.alitalia.com; airline code AZ; hub Rome) American Airlines ( 01 55 17 43 41; www.americanairlines.com; airline code AA; hub Dallas) Austrian Airlines ( 08 20 81 68 16; www.austrianairlines.com; airline code OS; hub Vienna) BMI British Midland ( in UK 0870-6070 555 or 01332-64 8181; www.flybmi.com; airline code BD; hub London) British Airways ( 08 25 82 54 00; www.britishairways.com; airline code BA; hub London) Cathay Pacific ( 01 41 43 75 75; www.cathaypacific.com; airline code CX; hub Hong Kong) Continental Airlines ( 01 71 23 03 35; www.continental.com; airline code CO; hub Houston) Iberia ( 08 25 80 09 65; www.iberia.com; airline code IB; hub Madrid) KLM ( 32 72; www.klm.com; airline code KL; hub Amsterdam) Now joined with Air France.