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...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!