Laker Airways and its McDonnell Douglas DC-10 Skytrains pioneered low-cost, long-haul flights across the Atlantic during the late 1970s but collapsed in early 1982 under the weight of $300 ...

‘Look at Laker Airways, competition pays,’ she would say. But, of course, as soon as the heat was on, she got me kicked out.” READ MORE: Vintage photos highlight what life was like on ocean ...

Los Angeles Lakers second-round draft pick Adou Thiero has been compared to a recent Olympic gold medalist forward.

Laker Airways collapsed into bankruptcy in 1982, and the causes of its demise are still debated. Among the no-frills successors are some of the most profitable airlines of recent years, ...

The Buss Family has owned the franchise since 1979, when patriarch Jerry Buss bought the team (and the Kings and the Forum) ...

Laker Airways was launched in February 1966 as a "contract carrier" to the package holiday trade. It was a new concept, requiring tour operators to guarantee to fill Laker Airways' planes for an ...

Laker Airways. 1982. British entrepreneur Sir Freddie Laker pioneered cheap air travel with his Skytrain to the United States in 1977. His first London-New York flight was a third the cost of ...

'Look at Laker Airways, competition pays', she would say. But of course as soon as the heat was put on, she got me kicked out." Sir Freddie, who was knighted in 1978, lived in Florida.

Laker Airways offered cut-price air flights to New York and other US cities. Not only had he delivered on his boast of becoming a millionaire, but as the 1980s dawned, ...

1966 Laker Airways is founded, initially as a charter airline 1971 Southwest is founded in the US, adopting the Laker model to considerable success 1978 Flies first transatlantic flight; seats ...

Then, in February 1982, Laker Airways abruptly went into receivership with debts of £264 million. The collapse was so sudden that its flights were turned round in mid-air.