"Do airlines think flying is only for the rich?" complains the hearty beef-and-bitter type in the ads for Laker Airways. "I've got to give you a better deal."
The dealer is Freddie Laker, 54, a British aviation maverick who has become the self-proclaimed St. George of cheap transatlantic air travel. His $70 million fleet of ten planesincluding three 345-passenger McDonnell Douglas DC-10 jumbo trijetsis painted in the red, white and black colors of his racing stud farm. The planes now work mainly on low-cost charters, including Advance Booking Charters, which Laker helped pioneer. But his No. 1 priority or threat, as heads...