Since 1928 the aeronautical map of South America has shifted repeatedly under the struggle of U. S., French and German companies for route-dominance. Last week the speculative eyes of air transport men turned again to South America. France's great Compagnie Generate Aeropostale was in difficulty. It was virtually bankrupt. Its pilots were flying without pay. It might have to withdraw.
Because of its elaborate developments in Northwestern Africa and South America, Aeropostale's troubles have long been pyramiding. A deficit estimated at $2,000,000 is now carried...
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