AVIATION: The Ax Falls

When nonscheduled airlines began to mushroom all over the U.S., airmen predicted that most of the new companies would stay in business only until the Civil Aeronautics Board wielded its regulatory ax (TIME, Feb. 18). Last week the ax fell. Before CAB stops swinging, 95% of the nonscheduled fliers may be grounded.

The lines had been easy to start. Unlike scheduled airlines, they did not have to have a CAB certificate to operate. The Civil Aeronautics Administration estimated that more than 2,730 companies had been formed, usually by veterans. They were operating...

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