COMMONWEALTH: Stockholders' Meeting

Stockholders' Meeting

British air liners roar up daily from Croydon, air port of London, carry passengers to Paris, Brussels, Rotterdam and Amsterdam for but little more than the price of a first class ticket by rail and water. Many a tourist, surprised at the cheapness of these fares asks: "Do the planes pay?"

At London last week the stockholders of Imperial Airways, Ltd. were informed by the Chairman of their board that they had lost £20,414 ($99,200) last year in transporting passengers by air. "We lost fifteen thousand pounds in 1924!" cried...

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