For the rich, postwar plum of passengers and freight traffic across the North Atlantic to Europe, American Airlines, biggest U.S. domestic line, last week reached out a powerful hand. American filed its application with CAB for two North Atlantic routes: 1) from New York and Boston to London, 2) from Chicago and Detroit to London.
American's grey-haired, heavy-set president, Alexander Nesbitt Kemp is well aware that his company's action signifies more than ambitious appetite. Two months ago, American and 15 other domestic lines trumpeted a policy of free postwar competition, signed an agreement to implement it. Pan American Airways and American...