CARRIERS: Canadian Goose

. When the heavy boot of the 1934 air mail purge kicked fledgling subsidiaries out of many a big U. S. airlines nest, Canadian Colonial, a retarded bird from the brood of Aviation Corp., was able to go on flapping up the Hudson on its 342-mile route between Manhattan and Montreal. Under indifferent management, unfavorable airline conditions, it grew slowly to be a pipsqueak goose and for a long time brought its 15,000 stockholders nothing but deficits.

In ten short months all that has changed. By last week, Canadian Colonial was honking...