''The downward spiral has stopped.'' So said Sally McElwreath, a Trans World Airlines official, as she described faint but encouraging signs last week that the dramatic drop in U.S. tourist travel to Europe had at last bottomed out. Most airlines were reticent about releasing figures, but British Airways reported that bookings, down to a mere 5,000 a week after the U.S. air attack on Libya in April, had risen to more than 60,000, just 3,000 short of the figure for the same week last year. Pan Am's reservations have been increasing 8% to 10% a week for the past three weeks,...
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