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Furthermore, strategies driving promotion roll-offs and discount expirations have allowed companies to increase revenue from newly acquired customers. [ 18 ] By 2000, virtually all major airlines , hotel firms, cruise lines and rental car firms had implemented revenue management systems to predict customer demand and optimize available price.
Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with US$400,000 (equivalent to $1.1 million in 2023) in seed capital. [2]: 45–56 [3] The founders derived their firm's name from their names: "Schwarz" is German for "black"; "Peter", "petros" (πέτρος, masculine), or "petra" (πετρα, feminine) means "stone" or "rock" in Greek.
The MD-10 is an upgrade to add a glass cockpit to the DC-10 with the re-designation to MD-10. The upgrade included an Advanced Common Flightdeck similar to what was used on the MD-11 and was launched in September 1996. [51] However, the actual avionics are shared with the Boeing 717, using the Honeywell VIA liquid-crystal-displays.
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