PASSAGE 7
3 L7 R' Q8 P8 T, [% J" \3 f5 d3 EPeople Express $ v2 `, b" \2 K( A5 U" y8 e f
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People Express, founded in April 1981, grew rapidly on the basis of low fares and no-frills service. It soon became a leading airline and __1__ changed the industry as firms constantly engaged in price wars to lure passengers. Then, People Express’ bubble __2__ because it overexpanded, consumer complaints mounted and other airlines matched its fares on popular routes. In 1986, People Express __3__ hundreds of millions of dollars and was forced to sell out to Texas Air, the owner of Continental and Eastern Airlines. . {# g4 e+ y/ d3 a2 H) p
In early 1987, Texas Air __4__ People Express into its Continental division and industry observers believed __5__ the costly fare wars would be ended. They could not have been more wrong. To stimulate business for its __6__ continental Airlines, Texas Air instituted a new low fare category __7__ MaxSaver. The fare offered prices that were up to 40 per cent lower than "supersaver" rates offered __8__ all airlines. For example, the round-trip MaxSaver fare from New York to Houston was $70. The MaxSaver fares were immediately matched by all major airlines, __9__ feared losing business. # T6 `% ?3 i9 a& ], N( K
While MaxSaver rates were low, they also had restrictions. Tickets could not be __10__ or flight times modified after purchase. Passengers would have to stay over either a Saturday or Sunday. Reservations had to be made at least two days __11__, and there were limited seats available. 4 g; N7 k' O& W) z8 j; `( J
Three weeks after MaxSaver rates were __12__, American Airlines announced plans to raise its discount fares and require 30-day __13__ purchasing for its lowest fares. It felt it could not continue at the rates in effect. However, just 10 days __14__, Ameriacn Airlines had to revise its plan. Texas Air refused to abandon the MaxSaver fare; it even extended the program into the busy summer season. Competitors went along and the price war raged on, __15__ an executive’s comment that "nobody’s cost structure can survive MaxSavers." $ j# W2 t( C0 u8 ^
1. A) little 9 k; I }7 D; V4 a& M6 Z
B) slowly
: w; ^" d2 w' j' }1 k. p% D( ^3 \ C) quick
+ ^/ ~* d0 ?0 G7 d/ T D) radically
4 _; N! H4 b2 Y1 o" p. R- M2. A) burst 6 ?: D" l; b0 Q
B) explode ) D0 L1 v9 I K9 y/ w
C) opened
+ T0 ]% L; P( H1 b1 O6 m4 u D) disappeared 7 s+ t- X; M1 e
3. A) gained
$ M6 K0 h2 h& u B) made 3 S* _0 `' t, I% k8 Y" T
C) lost
7 |; p! k& S; h D) disappeared 2 S0 C3 [- c# Q1 T9 S8 K
4. A) emerged , a5 g9 _ d* \' B$ T
B) merged
, q, Z7 K7 z' u" B1 y; c, u C) has combined
5 p9 t' P' v8 _0 X* B' e# B D) mixed # K- L, u/ o4 a! d' C
5. A) what
3 \ @8 S q! W6 c; K B) which 2 U9 R: d9 u1 Y6 h" P7 ~
C) where 7 A% v5 ?. \+ v3 q
D) that
7 s7 N4 D; [, r, R1 F( [9 X6. A) expand
9 o8 X! A- s$ G' h B) to extend
, [+ u+ ~% F. @ L C) expanded $ U- p6 ^* V8 a& h0 B. O
D) extended
+ ~: U& V+ V" `7 k7. A) called
* i% D- }9 k6 O; M* {! z B) calling
; a2 A- j ^9 `# A7 ` C)to call
$ e2 m+ Y% {2 O' @) C2 A( }5 Y! H1 w& ^ D) calling on ' J. H3 F5 _0 U$ U2 S0 \
8. A) to 6 J2 F5 }8 A4 _
B) for
5 B7 n* ^8 ?3 A5 T4 h& ] C) with
: v, I+ U: S4 d# ] D) by . h* @- j: X8 @ V
9. A) what
" S% f# V) o! k. ?# g B) that % J& }+ i! K, l0 O" }7 F. b7 S2 Q+ @2 h
C) which / R4 c# z: R; Y0 H: ^+ e5 t
D) this
) @. Z9 q% R9 D5 B10. A) put off / P4 i( D) z8 E$ r
B) canceling
: |( e, A# F* g) v( X1 D3 N* L2 S C) destroyed
- U# _: r- l( a) z D) canceled
4 P3 ^6 K# P5 K l' ?11. A) before
M+ ~* f- p- H9 R1 ? B) in advance , e. f2 A0 G0 n5 o1 q' F
C) ahead of * T& N# L+ c7 i' o0 A
D) later
1 _" L# Y ^0 e/ _, L7 e. [12. A) introduced # H/ x( {- f$ [. X1 b. t
B) brought in " `6 j3 @1 B" d5 |) m9 L
C) taken in
7 m/ W0 J& {# A; V, I6 x+ W D) adapted
- V* b2 c2 \/ X6 J9 t/ R13. A) advanced 4 w4 p' K( F7 W9 {
B) before
# t- b8 X; s* K M C) ahead ) y2 d0 z% N* J$ |
D) prior to
% |+ |) U+ g: u% @8 s1 a; p% R6 B14. A) lately 5 m6 p0 W* z' ~+ w
B) later
. k; Y: ^7 \6 w6 W C) late ) _+ u& C% p$ i# t- z0 y
D) latter + J$ i, P- |4 f9 e z$ X) t4 H/ D
15. A) despite of
; C& Y; @2 M' h: o8 n; K8 {% v B) despite 0 G/ D0 p% G- _8 H
C) in spite
7 i: Y4 U# d6 j8 L' J0 f7 A$ i D) although
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KEY: DACBD CADCD BAABB |