AVIATION: Flying Down to Rio

Smart, suave Juan Terry Trippe last week stirred the aviation industry with exciting news. Out of the hangar he wheeled Pan American Airways' grandiose postwar plans. Come war's end—and Civil Aeronautics Board approval—Pan Am plans to spend some $52,000,000 to expand its Latin American routes. And Juan Trippe stirred the earth-bound citizenry with news: Pan Am expects to slash flying time from the U.S. to Latin America by approximately two-thirds and will cut fares even below the present steamship rates. Examples: the fare from Manhattan to Rio de Janeiro will be reduced from $491.35 to $175; Manhattan to...