Business & Finance: New England Progressive

Tucked away in New England is a small, 869-mile airline most U.S. citizens have never heard of. Yet last week it was a vital link between U.S. airlines and the war-boomed air routes across the North Atlantic (see map), it had several big transoceanic, cargo-carrying contracts with the Army's Air Transport Command, it had just landed a $1,500,000 V loan, it was growing so fast even its sponsors were dazzled. Its name: Northeast Airlines, Inc., which before the war supplied limited mail and passenger service between Boston and Moncton, N.B., with offshoots...

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