With Pan Am recovering, Eastern Air Lines is now rated by some analysts as the most financially shaky of all U.S. air carriers. Last week it reported a third-quarter loss of $21.4 million ($17.8 million in September alone), v. a profit of $7.6 million in the comparable period of 1974. Simultaneously, it chose a new pilot: former Astronaut Frank Borman, one of the three who read from the Book of Genesis on Christmas Eve, 1968 as their capsule orbited the moon. Borman, 47, joined Eastern as a vice president in 1970; he became president last May and now takes the title...
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