Word: cabs
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ROUND-THE-WORLD FLIGHTS will be offered early in 1957 by Trans World Airlines, second U.S. carrier to do so (first: Pan American World Airways). T.W.A. got CAB approval to extend its route eastward from Bombay and Ceylon to Manila, link up there with Northwest Airlines...
NORTH POLE FLIGHTS from Los Angeles, San Francisco and Seattle to Europe probably will be started before summer by Pan American World Airways and Trans World Airlines. CAB examiner urged that the two U.S. airlines be certified to fly via Pole from West Coast, thus cut flight time to Europe by five to 15 hours. Scandinavian Airlines System now holds monopoly on route...
REFUGEE AIRLIFT is giving nonscheduled airlines biggest boom since Korean war. CAB has issued nonskeds 29 permits for refugee flights, will soon approve 24 more. Every usable overwater craft will be pressed into service. So great is need that asking price for used DC-4s has jumped from $550,000 apiece...
...Money. In West Babylon, N.Y., after thieves broke into a house and stole between $5,000 and $12,000 cached in a feed sack, police found roughly $17,000 more lying around, got an explanation from ex-Cab Driver John Van Huda: "You know how it is, you need money around the house for emergencies...
AIRLINE SUBSIDIES will be slashed to $44.5 million in next fiscal year, a 30% drop from the $64 million paid by U.S. in 1954, says CAB. It expects all U.S. transatlantic and transpacific lines to be in black and off subsidy by fiscal 1958, as well as domestic Northeast Airlines, still on subsidy...