The airline industry these days resembles an executive-suite version of The Matchmaker. Pan Am is flirting with Eastern Airlines and has an eye on Braniff. Northwest Orient last week won permission to take ailing Northeast for better or worse but lost the dowry it had expected. The Civil Aeronautics Board ruled that Northeast's Miami-Los Angeles route was not part of the arrangement—which consequently could fall through. Meanwhile, American and Continental were both vying for Kirk Kerkorian's Western Airlines, and American took over Trans-Caribbean, which flies between the East Coast and some Caribbean points.
The airlines' sudden coziness reflects the fact...
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