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...
To continue reading:
or
Log-In
