Business: Sail to Steam to Air

The Matson steamship lines want to fly. Matson Navigation Co. applied to CAB last week for permission to fly passengers and freight over its ship routes (Hawaii, South Seas, Australia and New Zealand). Matson also announced that it has spent $100,000 for 43 acres adjacent to the San Francisco airport.

Matson's hopes are high, but they run smack into CAB policy. Several years ago CAB scotched a deal between Matson and Pan American Airways (for whom Matson acts as Pacific agents) whereby Matson and Pan Am would be equal partners in a new company furnishing peacetime air transport over the Pacific from...

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