The intense nature of airfare pricing has led to the term "fare war" to describe efforts by airlines to undercut other airlines on competitive routes. Through computers, new airfares can be published quickly and efficiently to the airlines' sales channels. For this purpose the airlines use the Airline Tariff Publishing Company (ATPCO), who distribute latest fares for more than 500 airlines to Computer Reservation Systems across the world.
Following the 1978 deregulation, U.S. carriers did not manage to make an aggregate profit for 12 years in 31, including four years where combined losses amounted to $10 billion, but rebounded with eight consecutive years of profits since 2010, including its four with over $10 billion profits. They drop loss-making routes, avoid fare wars and market share battles, limit capacity growth, add hub feed with regional jets to increase their profitability. They change schedules to create more connections, buy used aircraft, reduce international frequencies and leverage partnerships to optimise capacities and benefit from overseas connectivity.
Service during the early 1920s was sporadic: most airlines at the time were focused on carrying bags of mail. In 1925, however, the Ford Motor Company bought out the Stout Aircraft Company and began construction of the all-metal Ford Trimotor, which became the first successful American airliner. With a 12-passenger capacity, the Trimotor made passenger service potentially profitable. Air service was seen as a supplement to rail service in the American transportation network.
The first German airline to use heavier than air aircraft was Deutsche Luft-Reederei established in 1917 which started operating in February 1919. In its first year, the D.L.R. operated regularly scheduled flights on routes with a combined length of nearly 1000 miles. By 1921 the D.L.R. network was more than 3000 km (1865 miles) long, and included destinations in the Netherlands, Scandinavia and the Baltic Republics. Another important German airline was Junkers Luftverkehr, which began operations in 1921. It was a division of the aircraft manufacturer Junkers, which became a separate company in 1924. It operated joint-venture airlines in Austria, Denmark, Estonia, Finland, Hungary, Latvia, Norway, Poland, Sweden and Switzerland.
Based on a novel by Iris Rainer Dart, Beaches traces the 30-year oil-and-water friendship between free-spirited Bronx Jew CC Bloom (Bette Midler) and uptight San Francisco WASP Hillary Essex (Barbara Hershey). The two meet as children in Atlantic City (played by Mayim Bialik and Marcie Leeds) and are reunited in the 1960s, when CC is a struggling singer and Hillary is trying to break free from her staid upbringing by becoming an activist. The two ladies room together, then fall out when both are attracted to off-Broadway producer John Pierce (John Heard). CC wins John, but she quickly outgrows him as she matriculates into a bawdy performer. The recently patched-up friendship between CC and Hillary is torn asunder again when Hillary and her new husband express distaste for CC's performing style. Comes the 1970s, and CC and Hillary are reunited after shedding their respective spouses. Broke again, they once more become Manhattan roommates. Their bond strengthens, but there is tragedy in store for the duo.