Piedmont's profits keep flying
The. new bargain-basement $99 coast-to-coast fare now being offered by several major airlines marks the latest price war in their desperate scramble for passengers on some of the most popular, and competitive, routes. With industry losses worldwide projected at some $2 billion, 1982 has been one of the worst in airline history. Yet not all airlines are finding the skies unfriendly, and not all flights are cheap. Piedmont Airlines, a rapidly growing regional carrier based in Winston-Salem, N.C., has no trouble filling seats on the 317-mile flight from Myrtle...