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TIME Magazine's "Person of the Year" issue has been a significant project for nearly a century, serving as a milestone and a point of controversy. The 2024 edition features profiles on Donald Trump, CEO of the Year Lisa Su, Athlete of the Year Caitlin Clark, and Icon of the Year Elton John. The issue was led by Kelly Conniff and involved contributions from various journalists and photographers, showcasing a diverse range of talents and perspectives. Additionally, TIME is introducing a new initiative, TIME AI, to enhance reader experiences with generative AI technology. [Extracted from the article]

Focuses on May 21, 1927, the arrival of the Spirit of St. Louis in Paris. Prize won by Charles Lindbergh for the transatlantic flight, which started in California and went on to New York; Comment of his wife, Anne Morrow.

The article offers information on the low-fare service operation of London, England-bound Skytrain plane from Laker Airways. It says that Freddie Laker, the British aviation innovator of Laker Airways, has broken the iron grip of the International Air Transport Association (IATA) on transatlantic pricing. Laker believes that he can make a profit by bringing transoceanic travel within the reach of anyone. It mentions that other airline companies are starting to adopt low-fare prices including the 332 dollar round-trip fare from KLM Royal Dutch Airlines, and the 295 dollar Chicago-Luxembourg fare as well as the 275 dollar New York-Luxembourg fare price from Iceland's airline.

The article discusses the success of the first one-man flight of pilot Charles A. Lindbergh across the North Atlantic from Le Bourget Airport in France. It states that the anniversary of Lindbergh's flight is celebrated in the U.S. and France, where the Charles A. Lindbergh Memorial Fund hope to raise 500,000 dollars for conservation, exploration and aeronautic research. It notes that Lindbergh's flight is one of the greatest media events of the century, with a purpose of expanding the horizons of aviation.

The article profiles the Freelandia Air Travel Club which is owned by founder Ken Moss in the U.S. It states that Freelandia offers air travel services at low fares wherein Newark, New Jersey to Los Angeles, California only costs 69 dollars. It highlights the DC-8 jet transport leased by Freelandia from National Airlines Inc. with certification from the Federal Aviation Administration (FAA) which is used to render air travel services. It mentions that Freelandia offers a transatlantic flight from Los Angeles, California to Europe at only 169 dollars.

The article discusses Air France's A380 Airbus. The A380 is the largest passenger airliner, limiting the number of passengers to 538. The Airbus encourages passengers to have fun during their transatlantic flight, which features six bars and an art gallery. Aircraft analyst Richard L. Aboulafia criticizes the development of the airliner.

The article reports on the controversial effects of U.S. President Jimmy Carter's order to give permission for new direct transatlantic flights to Europe starting from eleven U.S. cities. It mentions that Carter had followed the recommendation of Civil Aeronautics Board (CAB), but had made two key alterations on the flight of National Airlines Inc. and Pan American World Airways Inc. (Pan Am). It cites that Carter's decision has made CAB Chairman Alfred Kahn to consider quitting on the spot, but decided to stay after thinking about it for 24 hours. It notes that the decision hurts Pan Am as it lost most of its international routes, and it has no domestic service to supplement its foreign business.

The article presents the issue of the feisty Englishman, Freddie Laker, who exceeded in the aviation industry by forcing transatlantic fares lower than major airlines in the U.S. It mentions that in June 1977, Laker had won the approval of the U.S. President James Earl Carter's administration to offer round-trip flights between New York City and London, England on his 13-jet Laker Airways for 236 dollars starting September 26, 1977. It adds that the six major airlines, which include Pan American Airways Corp., British Airways PLC, and Air-India Ltd., have countered with a cut-rate transatlantic fare of their own for 256 dollars and will offer free meals on flights.

The article reports on the approval of founder Freddie Laker to Laker Airways' plan to start the Skytrain "shuttle" flights between New York and London, England at the lowest prices in Great Britain. Laker's red, white and black DC-10 are cleared to begin flying, while no reservation is applied since seats are sold at the airport on a first-come first-served bases six hours before the departures of each flight. However, the U.S. Civil Aeronautics Board approves the service for a one-year experimental period only, and further development will depend on the progress of U.S. and British negotiators.

The article reports on the implementation of cut-rate transatlantic flights by TWA and Pan American in 1952. Under the new rates, nine scheduled foreign carriers and 39 flights a week will be covered. It points out that southern routes to the Mediterranean or regular flights in Europe are excluded from the tourist rates. It recommends the European tour offered by House of Travel in Manhattan, New York City.

The article features El Al Israel Airlines Ltd., the 20-year-old national airline of Israel. It notes that the company has managed to increase its sales and profits without government subsidies upon the introduction of its transatlantic flights and despite the Six-Day War in June 1967. It also outlines the projects for the development of the airline including the purchase of Boeing jumbo jets, its weekly flights to New York, and the extension of service to Miami, Florida and Chicago, Illinois.

The article reports on the proposal from British Overseas Airways Corp., Lufthansa, Alitalia and Olympic Airways SA for new low fares for transatlantic flights between the U.S. and Europe. However, it notes that the proposal to charge only $179 for a New York-London round trip during the off season, and $290 during July has experienced a downdraft as the U.S. Civil Aeronautics Board (CAB) turned it down. On the other, the CAB's decision was welcomed by the U.S. transatlantic carriers, Pan American, Trans World Airlines Inc. (TWA) and National Airlines Inc., which contend that they cannot compete with the fares proposed by the subsidized European airline companies.

The article reports that Transatlantic air travelers, who have the over-29 status on their passport, can now travel by paying less than the standard fare. However, the travelers need to book in advance, compromise on mobility, and choose from a huge array of fares. Though charter flights involve many restrictions, they offer the lowest fares. A nontravel organization, which is at least two years old, can now charter a flight and sell seats to people who have been members for at least six months.

The article reports on the support expressed by several airlines to a proposal by the company Pan American World Airways to reduce transatlantic tourist rates in November 1951.