AIRLINES: The Uncertain Sky

The world airline industry, bound to gether in the 108-member International Air Transport Association, has been setting air fares for the past 26 years with only an occasional break in its façade of comfortable unanimity. All that will likely end this week. West Germany's Lufthansa has been the sole holdout against a new scale of North Atlantic air fares, and IATA has given the "Route of the Red Baron" until Sept. 1 to go along. If, as expected, Lufthansa refuses to reconsider, IATA members will be without a common rate package.

The resulting every-man-for-himself situation will probably lead...

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