Word: cabs
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INVESTIGATION of Pan American World Airways by CAB will check management and financial arrangements between Pan Am and businesses in which it holds interests, such as Intercontinental Hotels Corp., Bogotá Airport, Middle East Real Estate Co. Confidential audit of Pan Am books by CAB raised question whether airline's subsidy should not be cut in view of profits from businesses and affiliated airlines in Latin America...
Chew-Chew. In Fresno, Calif., when the San Joaquin Daylight train arrived 18 minutes late, Southern Pacific officials blamed "unforeseen operating difficulties" for the delay-Engineer William J. Franey had sneezed, blown his upper dentures out the cab window, stopped the train to hunt for them...
...FARE HIKE of 6%, which eight of nation's big trunk lines are scheduling for April, will probably be vetoed by CAB. But Capital and Eastern will ask board to throw lines a bone by permitting $1 extra "terminal charge" on each ticket...
...future, thinks bustling Bob Six, Continental's chances can be bright indeed if it keeps expanding. Already approved by CAB is a Chicago-Los Angeles nonstop jet service due to start in mid-1959. Ahead lies pending approval for nonstop Dallas-San Francisco service. Even more ambitious is a possible interchange with Capital Airlines, creating a new coast-to-coast system nearly as big as any of the four big U.S. lines...
AIRLINE SUBSIDY END is in sight for domestic trunk lines for the first time in U.S. commercial aviation history. Last big subsidized line, Northeast Airlines, has been requested by the CAB to show cause why its $1,800,000 annual subsidy should not be stopped forthwith...